Wednesday, May 1, 2013

Top 5 Things Your Executives Need to Know About Alliances, #5 It's Not (just) About Us!



It's Not (just) About Us!

To get what we want in a partnership, we have to have at least passing interest in what our partner wants. This seems like such a simple concept, but it's amazing how many executives lose sight of this. As alliance professionals, if we're advocating for the partner, it's not because we've "gone native", its because we recognize that if we don't work within our organization to ensure that our partner's interests are being met, we will never get the partner to deliver to our interests.

Alliance management is about aligning interests - ours and theirs. We have to be clear about what we want, and we have to be equally as clear about what our partner wants.

I worked with a sales exec many years ago who was fond of saying "bad deals don't last" - meaning that if we use short term leverage to coerce our partners into getting what we want, while completely subordinating their urgent interests, the partner will always find a way out of the deal, I don't care what's in the contract.

So, if this is a partnership we care about - one where they have something to offer that we need (is there any other kind?) - then we must attend to their interests. When we are at the table with our partner, putting our interests on the table and looking for alignment on mutual interests, then and only then, will we have a shot at realizing the potential of the alliance relationship.

So, the next time you are in a meeting with a partner executive, sometimes the best question you can ask them is "What do you want?"

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