Alliance Management Expertise, Partnering Frameworks and Tools, Collaborative Leadership

Reimagining Alliance Management for the Next Normal: ASAP Summit Virtual Executive Roundtable
4. News and Events / July 1st, 2020

Summary from exclusive ASAP Global Alliance Summit executive virtual roundtable. Download the discussion slides

“We are all operating in a new norm and we need to evolve with it.” So stated one of the alliance executives The Rhythm of Business invited to a virtual roundtable discussion during the 2020 ASAP Global Alliance Summit on reimagining alliance management for the next normal. We approached the topic from two angles:
 
  • The impact of COVID-19 on a people-intensive business that depends on good relationships
  • The increased demand for alliance management services as companies’ alliance portfolios continued to grow in size, complexity, and new types of digital and service alliances, even before the pandemic
The silver lining of needing to find a next normal is that it gives license to fix what is broken, it forces us to become more resourceful and agile, and focuses us on what matters mo...
Digitize Your Alliance Management Practice to Provide Visibility, Promote Agility, and Create Value
1. Partnering Guide / June 30th, 2020
This is the first in a series of posts from allianceboard, a next generation alliance management platform and The Rhythm of Business on why the time has come to digitize your practice to drive value for stakeholders, your partners, and you.

The Time to Digitize is Now

We’re Zooming and Hanging Out every day. Going-to-Meeting, Teaming, and Webexing from morning until night. These conferencing apps are familiar tools to alliance managers; it is just that our reliance on them has grown as we manage alliances from a distance. As helpful as they are when meeting virtually, approximating face-to-face meetings except for the essential relationship-building step of breaking bread and raising a glass, they facilitate only a portion of alliance management activity that provides the services stakeholders value. The demands of remote work lay bare the need to accelerate an essential component of applying agile principles to alliance management—digitizing certain aspects of alliance management workflow and administration.

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On the Agenda at the ASAP Global Alliance Summit
4. News and Events / June 21st, 2020
The Summit may be virtual this year, but The Rhythm of Business is very much engaged. We are proud to be long-time members, sponsors, and contributors to the ASAP community and to participate in this first virtual Global Alliance Summit.

 - We’re presenting On Demand Session 502, The Alliance Management Mashup: Bridging the Digital Divide
 - Jan Twombly is moderating live stream Session 207 Biopharma Commercial Alliance Management Challenges on Thursday, June 25 at 11:15 am EDT
 - We are also hosting an exclusive virtual executive roundtable on Reimaging Alliance Management for the Next Normal on Thursday, June 25 from 9:00 – 10:00am EDT.

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Bridging the Gap to the Next Normal
1. Partnering Guide / May 9th, 2020
As we try to find our way to the next normal for the economy and our lives, a tremendous leadership challenge presents itself to alliance professionals: How to reimagine the people-centric business of partnering when team members’ personal lives are disrupted or worse, remote work is the norm, there is great economic uncertainty, and intense pressure on resources? Add to this the fact that cross-industry, multi-partner as well as public-private collaboration is required to innovate our way out of this crisis. The number of partnerships for tests, vaccines, treatments, and medical equipment is exploding, as this graphic from CB Insights (Figure1) depicts. How can alliance management expertise be applied to this speed, scale, and scope of partnering so that time and money is not squandered by the inherent inefficiencies in partnering?

Even before...
Upcoming ASAP Netcast Event: Reimagining Alliance Management as an Agile Capability
4. News and Events / May 9th, 2020
Session Description
Before COVID-19 biopharmaceutical alliance managers were dealing with an increased demand for their services as companies’ traditional alliance portfolios continued to grow in size and complexity. With COVID-19 and virtual work, an additional burden has been added, but a new urgency to rethink how alliance management is done presents itself. Add to that all the new types of service, data, and digital partnerships being stood up and it is clear the time has come to reimagine how alliance management practices are implemented and the capability organized and resourced to meet growing demand.

The need to become more agile, iterative, and focused on what truly matters is great.

Agile principles have been applied to businesses as varied as Haier, a white goods manufacturer, and global healthcare companies such as F. Hoffmann-LaRoche with impressive results. This webinar introduces a practical approach to applying agile methods to the practice of alliance management and the structure of a function or team. Participants will learn:
  • How to build a stable backbone to enable rapid decision making and a focus on work that creates value
  • An agile approach to staffing the management of alliances that better utilizes available resources
  • How to use specialist roles to drive innovation
  • How to create service level agreements to ensure services provided are those that deliver the greatest value to stakeholders
  • The benefits of digitizing workflow and administration to deliver consistently superior work product—and build good alliance hygiene among stakeholders
Watch the webinar
Download our whitepaper Demand for Alliance Management Has Changed. Are You Ready?  for more on this topic.
 
A Message to Alliance Professionals: Let's Not Let the Crisis Go to Waste
4. News and Events / March 16th, 2020
Making Lemonade: Never Let a Crisis Go to Waste

The unfortunate appearance of COVID-19 has all of us scrambling to keep our families, employees, and customers safe while keeping our businesses operating. At The Rhythm of Business, we’re taking all recommended precautions, ceasing travel, and the hosting of meetings in our offices until it is safe to gather in person again.
 
However, as the eminently quotable Winston Churchill said, “Never let a good crisis go to waste.” We are following his advice and innovating how we deliver professional development and carryout our VitalSigns Alliance Operations Effectiveness Assessment to help the alliance management community continue to deliver value that ultimately benefits customers and patients.

Virtual Alliance and Collaboration Professional Development

Over the past several months, we’ve seen a big uptick in the number of companies wanting to offer alliance and collaboration training. In the spirit of lemonade from lemons—making the best of a bad situation—we are working with our clients to create virtual training sessions, following leading practices of distance meetings. We’ll take our day-long, or multi-day, in-person sessions and break them up into a series of webinars, making them interactive with polling and chat. In between webinars, we’ll host small groups to work on case studies, analyze situations, and take part in exercises to apply the learning. Jeff Shuman’s experience of many years of conducting MBA classes with a combination of in-person and online students is very relevant and helpful.

If you’ve been thinking about offering training to alliance team members, part-time alliance managers, or governance committee members, this is an opportune time to do so. Afterall, potential participants won’t be travelling any time soon. Here is a brief slide deck introducing our alliance and collaboration professional development offerings and how we tailor them to your current and expected portfolio of asset-based, service, digital, and data alliances, from the lab to interactions with payers.

Take the VitalSigns of Your Alliance

These challenging times require alliance teams to rally around a North Star focused on the value the alliance is intended to deliver to customers, patients, and the partners to the alliance. One way alliance professionals can deliver value to their stakeholders is to evaluate how well the alliance is collaborating and overcoming the inefficiencies that cause risk and prevent the partners from receiving intended value. Our VitalSigns Alliance Operations Effectiveness Assessment pinpoints the actions leadership and management can take now to guide their teams to overcome those inefficiencies, differences of opinion and ways of working, as well as to address simmering conflict and find innovative “third ways” that offer value creating solutions. We are taking the alliance governance committee workshops that are an integral part of this process virtual, meaning that we can speed up the realization of benefit by having a special purpose meeting that doesn’t need to wait for a spot on the agenda.

We’re Eager to Collaborate with You

There is no doubt these are challenging times. Collaboration and partnering has never been more important in all aspects of our lives. The Rhythm of Business is creatively addressing the challenge and ready to work with you to ensure that we make lemonade, innovating our way through this crisis.

In collaboration and partnership,

Jan and Jeff

Jan Twombly and Jeff Shuman
The Rhythm of Business
Reach Jan at +1 617.851.0135 or jan@rhythmofbusiness.com
Reach Jeff at +1 508.954.2896 or jeff@rhythmofbusiness.com
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