Strategic Alliance Magazine Q2 2016 - 23

COVER STORY SHAPE SHIFTING Here is a challenge for your company: Move from customer to customer in a single day, and play a different role in each scenario. Or be the lead in solution development, and remain involved in the go-to-market activities when in the past you might have simply conducted a transaction as the transition was made and washed your hands of it. How will you provide incremental value to ensure that your continued involvement is not just a transaction cost? You must develop the partnering muscle to agilely shift from role to role within different or within a single customer scenario. Partnering in the connected ecosystem raises operational questions about how to work together to take the collective solution to market, delivering the intended customer experience and business outcomes. If your company has a traditional channel mindset, it will need to consider: n How to define the different partners' roles across the spectrum of develop, market, sell, deliver, service, and support n  How partner selection and rules of engagement should be defined to manage competition within the ecosystem n How to manage governance across executives, operations, and field; across multiple business units and functions; and with multiple partners These are challenging areas to align within an ecosystem. It takes a new mindset-and a recognition that neither the customer nor any of the partners will realize the value they seek unless challenges are solved for all. MOVE FAST AND BE AGILE The Fourth Industrial Revolution is an era characterized by the exponential speed of breakthroughs when compared with previous industrial development-including the first age of the Internet. It includes technologies such as robotics, biotechnology, materials science, and 3-D printing that have accelerated discovery and the development of new solutions to a host of societal needs. Similarly, the speed with which partnerships must be put together to deliver solutions has increased exponentially. Organizing an ecosystem-based solution is analogous to making a movie. The movie producer assembles the talent and resources, all do their specialized jobs, the movie is created, and then all move to the next opportunity. The difference in business is that many of the partners need to stay together after the solution is delivered to operate it for the customer. Conversely, ease of entry and exit from a partnering agreement is a requirement simply because technology and business models are changing so fast. To partner at this fast pace, simpler teaming agreements that are done without corporate involvement are frequently utilized. SUMMER * 2016 | STRATEGIC ALLIANCE MAGAZINE 23

Table of Contents for the Digital Edition of Strategic Alliance Magazine Q2 2016

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