Alliance Management Expertise, Partnering Frameworks and Tools, Collaborative Leadership

Start It Right: Mastering the Alliance Startup Process
2. Thought Leadership / May 4th, 2021
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Earlier this year, we published Seven Habits of Highly Effective Alliance Professionals Who Deliver Value. One of the habits is “build operational excellence.” We defined it as developing and implementing consistent practices so that stakeholders know what to expect regardless of the alliance. It is achieved through a renewed focus on alliance fundamentals including planning, governance and decision making, risk management, measurement and improvement, communication, and reporting processes.

Organizations and their stakeholders benefit greatly from building operational excellence in the alliance startup process, a time when all of these fundamentals and the seven habits come into play. Organizations that master the startup process see their alliances hit their stride sooner and with fewer problems. Stakeholders understand the alliance’s objectives and how the partners intend to achieve them.

Importantly, they will also appreciate the value of alliance management services for preventing the inefficiencies of alliances from overcoming their intended value.

Mastering the startup process pays dividends for all concerned long after the alliance is fully operational.
 
The Value of Alliance Management on the Agenda at the 2021 Strategic Alliance Management Congress
4. News and Events / April 24th, 2021
May’s all-digital Strategic Alliance Management Congress includes two opportunities sponsored by The Rhythm of Business for participants to consider how to evolve and adapt their practices to deliver and communicate the value their services offer to stakeholders, partners, and customers.

Jan Twombly, CSAP presents Seven Habits of Highly Effective Alliance Professionals, a tour through evergreen alliance management practices that are being innovated for today’s business environment of increasing complexing partnerships in which face-to-face will remain a luxury—and the surprisingly productive ways of working we’ve adopted out of necessity will remain.

Alliance management is an enabling function, often without a direct line to revenue. It can be challenging for alliance professionals to measure and communicate the value of their services and to make their work visible. As a result, in times of uncertainty such as our current period, they can become an easy target for the budget axe. Practicing the seven habits delivers the services stakeholders value the most—and helps alliance professionals communicate that value.

An additional opportunity for conference participants is a moderated roundtable on The Value of Alliance Management. The roundtable looks at the essence of alliance management and asks:
  • What are the alliance management services stakeholders value the most?
  • In what ways do you measure and report alliance management activity?
  • How would you like senior management to describe the value of alliance management?
Join other biopharmaceutical alliance professionals from industry and academia May 18 and 19, 2021. Network with peers and learn the seven habits that help you deliver value. There is still time to register at https://www.alliancemanagementcongress.com.
How Alliance Professionals Deliver Value at Startup
1. Partnering Guide / March 25th, 2021
Discussion Summary from Exclusive Executive Roundtable

There is a truism among alliance professionals—start an alliance right, or you will start it again in the midst of an erosion of trust and even conflict. As part of an exclusive executive roundtable discussion sponsored by The Rhythm of Business during the ASAP Global Alliance Summit in March, nearly a dozen heads of alliance management within life science companies gathered to discuss the challenges of startup and the value alliance professionals can and should deliver to their stakeholders during this critical phase. Their conclusion: Prepare your stakeholders for what could go wrong and set them up for making it go right.
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Managing the Cost of Time at Alliance Startup on the Agenda at the 2021 ASAP Global Alliance Summit
4. News and Events / February 27th, 2021
The Rhythm of Business is proud to once again be a platinum sponsor of the ASAP Global Alliance Summit, See into the Future of Alliances. This is the premier event for alliance management professionals from across industries. Even in an all-digital format, there are plenty of opportunities to network, learn from industry leaders, and put your fingers on the pulse of partnerships today.

Jan Twombly and Jeff Shuman will lead a Live Stream Master Class session on Monday March 15th The Value of Alliance Management: Managing the Cost of Time at Startup. Featuring two case studies, one of a codevelopment, cocommercialization biopharma alliance and another of a software vendor-global systems integrator partnership, participants will address several questions and:
  • Identify the potential value-eroding inefficiencies and risks in the case studies that must be addressed
  • Develop a high-level plan for a fast-paced, agile startup—in a remote digital environment, without in-person interaction
  • Capture the value produced by applying alliance management practices
 
Their analysis will be informed by an upfront presentation by Twombly and Shuman that shares some of their most recent work on reimagining alliance management practices to be more agile and to focus on what stakeholders value the most.
 
Twombly is a long-time member of the Board of Directors of ASAP. View the complete Summit agenda and register today.
As Seen in Strategic Alliance Quarterly: Alliance Management's Digital Future is Here
2. Thought Leadership / December 10th, 2020
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The digital transformation of alliance management has arrived!

Just published: Our article in the Q4 2020 edition of Strategic Alliance Quarterly, co-authored with our partners at allianceboard. It explains why an alliance-centric digital platform is key to alliance professionals’ delivery of valuable services, reimagined and at scale, as companies' reliance on alliances as a core pillar of strategy continues to increase.

Contact us today to learn about our digital transformation services and how implementing allianceboard helps you elevate, document, and communicate the value of alliance management.
 
Shine a Spotlight on Your Alliance Portfolio
1. Partnering Guide / September 2nd, 2020
This is the third 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.

Seeing the Big Picture

Not long ago, an executive newly appointed to lead the alliance management function for his company—but who had no alliance management experience—asked us, “How do I see what is going on across all of our alliances? I am used to starting my day looking at a dashboard that lets me know what needs my attention.” We had to explain to him that currently, within his company, he would have to manually aggregate individual alliance managers’ monthly reports to get an overall picture. But that need not be the case. 
 
As we’ve been describing in this series of posts, external events coupled with the growth in the number and types of alliances and other collaborations are shining a spotlight on the need to digitize certain aspects of alliance management workflow and administration. If our newly appointed alliance executive had in place a digital alliance management platform, he would have had the ability to aggregate all the alliances in his portfolio—or any relevant subset thereof—into a single dashboard and understand them in relation to one another. It would also help him better appreciate the work of his allian...
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