A Word About Global Strategic Alliances

Partnering for Profits: New State of Alliance Study

The Association for Strategic Alliance Professionals just released its third “State of Alliance Management Study” and there are some interesting changes since the 2007 study was published. Co-marketing alliances down just a bit and research alliances are up a bit. In the 2007 study, American alliance success rate was around 50%, now the success rate is at 57%. Fifty-one percent of the companies now employ a full time alliance professional. Europe is investing a bit more in alliance management that is being done in the USA. Alliance success is a couple points higher in the USA over Europe. Unfortunately, international alliance success rate is only 49% but better then innovation alliance success rates, which are at about 40%.

You can read more about my perspective on the fine points of alliance development at:

http://www.Rigsbee.com/morearticles.htm (Permission to reprint my articles is also there.)

Executive Presentation Skills: Be Heard

The question of style verses substance is one that will always be around. If style is all you have, then you’d better be a humorist or Toastmaster competitor. If substance is all you have then your information had better be so important to the well being, or success, of the people attending your talk.

But, if you have both style and substance, you will always be heard. You will always communicate your message. And most likely, you will always sell your message.

An analogy to keep in your mind is of a beautiful red ruby (substance) presented in a well lighted and displayed environment (the style). Take that fabulous ruby and throw it into a bowl of cooked spinach; not too exciting. The ruby will possibly be overlooked. The same goes for your speech; display your ruby in such a way that it will not be missed—and you will be heard.

Executive Public Speakers, Professional Speakers, and Emerging Professional Speakers; please visit http://www.SucceedInSpeaking.com for additional ideas, assistance, and resources.

Trade Association & Professional Society Executives:

The Los Angeles Bar Association recently took a very innovative approach in an effort to retain older members. With the dues renewal, the older members are offered an “opt-out” option of joining the newly formed group for older members. Interestingly enough, few opted out—they accepted the offer. What do they get? Specific programming and events geared to what is humorously called the dinosaur group. Way to go LABA, you are an innovative leader in Member retention.

Association Executives may access association growth articles and member recruitment campaign information at http://www.GrowingYourAssociation.com

Effective Strategic Alliances from the Pros

Partnering for Profits: Compare to Top Alliance Professionals

A recent study done by the American Management Association and Pearson in collaboration with the Society of Human Resource Management (SHRM) and the Association of Strategic Alliance Professionals (ASAP) titled, “Today’s Alliance Professional...Tomorrow’s Strategic Leader” offers some very insightful information.

In examining strategic alliance professionals who identified themselves as “top experts in the field” the researchers wanted to see how those alliance professionals differed from ones who identified themselves as novices and moderately proficient. The “top experts” differed from their peers in several ways. The key findings were:

* “Top experts” are even more independent and sociable than most strategic alliance professionals.

* They are also higher in critical thinking and in leadership orientation.

* Finally, they possess a higher level of concern for others, which means that they have a strong empathic connection with people. When we look at the overall profile of top strategic alliance experts; areas where they differ from their peers as well as areas of similarity; a pattern emerges:

* Top experts appear to be very dynamic individuals who care about and connect with people; they positively influence and motivate others.

* They are constantly reaching out and networking with people.

* They are also very strategic and likely to find and create opportunities to use their critical thinking skills and independent and innovative style.

* On the other hand, they are likely to feel bogged down if required to devote energy to a lot of strict procedural demands and attention to details. They would suffer if forced to work within a bureaucratic environment.

You can read more about my perspective on the fine points of alliance development at:

http://www.Rigsbee.com/morearticles.htm (Permission to reprint my articles is also there.)

Executive Presentation Skills: From Ed’s Bookshelf

This week I’d like to share with you the 12 rules for speaking success from James Anderson’s book (published 1989) titled, “Speaking to Groups, Eyeball to Eyeball.” Good ideas, all of them. One caution…have a script, but do not read your script.

1. Find your action objective.

2. Know your audience.

3. Build from the closing.

4. Hook your audience instantly.

5. Create a script.

6. Keep a sharp focus.

7. Use good delivery.

8. Add impact with visuals.

9. Sell them with persuasion.

10. Keep a positive attitude.

11. Be totally prepared.

12. Follow up your success.

Executive Public Speakers, Professional Speakers, and Emerging Professional Speakers; please visit http://www.SucceedInSpeaking.com for additional ideas, assistance, and resources.

Trade Association & Professional Society Executives: Get the Membership Two-fer

How good is your membership recruitment brochure? This is a great time to take a look. In order to combine a member recruitment campaign along with a member retention campaign, you need to have a four-color pocket sized tri-fold brochure, you know, one that neatly fits in a #10 envelope. And the brochure had better address the benefits, rather than the features of membership. Features are what you get when you join, and the benefits are how those features make your life better—by helping you to get more customers, make more money, keep the best employees, and benefits like that.

The way you get a two-fer is to motivate your current members to call on prospective members. Have a class at your next conference going over all the benefits your association delivers—your members will need to attend to get “up to speed” on the benefits so they can talk about those benefits. And, what are you doing? You are reinforcing in the minds’ of your current members that they made a good decision in joining themselves…go for the two-fer!

If you need help with this, give me a call at 800-839-1520, I mean it.

Association Executives may access association growth articles and member recruitment campaign information at http://www.GrowingYourAssociation.com

Alliance Best Practices

Partnering for Profits: Takeaways, Best Practices & Implications

At the recent Silicon Valley Chief Alliance Officer Roundtable hosted by Cisco at their facility in San Jose, CA on January 14, 2009; they discussed alliance takeaways, best practices & implications. There were seven key highlights of these trends and best practices.

(#4 of 7) Portfolio Evaluation Criteria Adapts as New Partner Models Emerge:

• Develop a working partner portfolio model that reflects long-term priorities, but incorporates risk management for near-term objectives.

• “One Size Fits All” partner criteria don’t work well.

• When re-evaluating partnerships, ask the tough questions and be honest.

• Innovate and invest in the partner model with your key partners during the downturn.

I believe that the important value to be received here is that of recognizing that alliance relationships might have to change in this current economic environment. You need to examine both your short-term and long-term alliance strategy. Be care though of putting too much focus in short term revenue generating alliances “to help you through” at the cost of keeping long-term alliances strong that will yield you greater profits when the economic recovery arrives.

You can read more about the fine points in my several alliance articles at http://www.Rigsbee.com/morearticles.htm (Permission to reprint is also there.)

Executive Presentation Skills: How Powerful Is Your Close?

The members of your audience most likely will remember your opening if it is powerful and the same for your close. Ross Shafer shared his formula at the annual convention of the National Speakers Association: Open with “B” material, do your “C” material, then close with your “A” stuff. Not a bad formula, would you agree?

And, what about that close—consider the following:

1. Stop talking long before your audience is done listening.

2. Go out with a huge bang; story, video, or disappearing act.

3. Give your audience some action to take immediately, or upon returning to home or office.

4. Give the attendees something insightful, emotionally penetrating, or inspirational to remember.

Executive Public Speakers, Professional Speakers, and Emerging Professional Speakers; please visit http://www.SucceedInSpeaking.com for additional ideas, assistance, and resources.

Trade Association & Professional Society Executives: Keep Your Exhibitors

On the cover of the March issue of M&C Magazine is Galen Poss, president of Hanley Wood Exhibitions. There is a very timely story about how he and others are dealing with large conference exhibitors that are pulling out of this year’s expos. Also, read about how Robin Preston at National School Boards Association kept a technology supplier engaged when they had planned on pulling out of this year’s meetings. By the way as an FYI, M&C will soon be offering web-only content, so it might be a good idea to bookmark their Web Site and visit frequently: http://www.mcmag.com/

My Question: are your exhibitors simply using the tight economy as an excuse to pull out when the real issue is most likely little perceived value in exhibiting? If so, how are you re-engineering your meetings to offer more value to suppliers, exhibitors, and sponsors?

Association Executives may access association growth articles and member recruitment campaign information at http://www.GrowingYourAssociation.com

Building Successful Alliances

Partnering for Profits: Deeper Relationships with Alliance Partners

A topic that I wrote about in my first book, “The Art of Partnering” back in the mid-1990s is that of going deeper (vertically) to build additional relationships beyond your immediate contacts. When you do this in our alliance partner organizations, you achieve two important alliance strengthening elements:

1. Business leaders get promoted, transferred, and fired. If this happens to your only contact at an alliance organization, chaos in the daily functioning of the alliance is sure to follow. However, if your relationships go both wide and deep in your partner organization, there is a good chance that you will already have a relationship with your new contact, be they transferred or promoted.

2. When problems in the alliance occur, and they will, it is having the deep organizational relationships that will hold things together. When partners are at war, anything one does is considered confrontational by the other. Conversely, when relationships are good, mistakes made by a partner organization are simply considered just that; honest mistakes and not cause for eliminating the alliance.

To keep your strategic alliances working like a well oiled machine, take the time and make the effort to build relationships both deep and wide in your partner organization.

You can read more about the fine points in my several alliance articles at http://www.Rigsbee.com/morearticles.htm (Permission to reprint is also there.)

Executive Presentation Skills: Deep Personal Inner Exploration

Consider the idea of deep personal inner exploration of your core message, wisdom, and universal truths in preparation for your next presentation. My good friend, John Alston, CSP, CPAE, once told me to get rid of the “fat” around my universal truths. He told me that it is that “fat” that diffuses the power of my message.

As we endeavor, I believe, to develop content to share with others, too frequently we abandon what Mark Victor Hansen, CSP, told me is “Your Inner Knower.” Yes, we have to trust ourselves. In presenting our ideas to others there is a monumental need for you to access our inner core beliefs. This is necessary on order to muster up your passion to effectively to influence others. In contrast think about the monotone speaker reading his/her PowerPoint bullet points, one at a time—at an excruciatingly slow pace.

Compare in your mind the vision of the slow monotone speaker to that of a strong, committed and powerful speaker, like John Alston. In order to influence others you must dig deep into your soul to determine your real beliefs on any topic in order to share the subtleties of the topic through your window on the world.

Before every speech, consider spending the time necessary to quiet the static in your head, to explore your beliefs, and determine the core message (about any topic) that you want to share with your audience.

Executive Public Speakers, Professional Speakers, and Emerging Professional Speakers; please visit http://www.SucceedInSpeaking.com for additional ideas, assistance, and resources.

Trade Association & Professional Society Executives: Go Deeper in Member Companies

As I mentioned above in the “Partnering for Profits” section, there are benefits for going deeper in building relationships in partner organizations. This applies also for trade associations and to some degree in professional societies.

By going deeper, encouraging conference attendance and membership of additional job levels, within your current member companies will serve your organization well. The cost to your organization will be appropriating the necessary resources to both develop additional levels of educational programming and appropriate conference activities.

The benefits to your organization are:

• Increased membership from additional employee levels

• Member retention as owners/CEOs will see additional value in their membership through providing cost effective training and other benefits for their employees

• Emotional ownership in your association from tomorrow’s leaders of your member companies.

• Increased convention/conference/expo attendance

• Increased interest from your supplier members to participate at higher levels driven by increased meeting attendance and ability to influence up and coming users/buyers of their products and services

Association Executives may access association growth articles and member recruitment campaign information at http://www.GrowingYourAssociation.com