Short Course Overview
The following is a sample course outline.
Alliances, Outsourcing and other Partnering Liaisons
Creating sustainable value in, and through, Partnering.
Whatever the shape of your critical relationships – joint venture, alliance, outsourcing or strategic customer – they are only sustainable with the right combination of behaviours, processes and value-add proposition.
The key to long term viability in delivering sustained results is partnering capability.
Join us to answer:
- What are all these weird and wonderful business liaisons and ventures; and how do I know what will work for me?
- How do we choose who to do it with, engage them and then structure the relationship in a way that creates sustainable value?
This workshop provides an opportunity to explore the issues, to learn what works and understand the value in Partnering Relationships – which Drucker refers to as “dangerous liaisons”.
Participants will learn to use various practical tools and will gain insight through applying them to their own real-life ‘case-study’ of a relationship they are currently involved in or seeking to establish.
There course is based around six learning modules, these are:
1. Why Sustainable Relationships Matter
The global competitive dynamics of business require sophisticated relationship management and smart business ventures. Partnering is your vehicle for establishing and sustaining intelligent relationships that support your growth.
Topics include: Sustainability, Partnering, Success Principles, the Drivers, Global environment, Partnering Capability2.
2. Strategic Decisions about Partnering
Understanding how it fits with and supports your Business Strategies is fundamental to success – what are the issues, are we ready and is now the right time?
Topics include: Industry context, Business Strategies, Partnering approaches, what you have to give up
3. Identifying and Engaging Partners
There are so many companies out there to (potentially) partner with, you need to have a clear understanding of how you identify them, chose who to work with and negotiate a deal.
The Partnering approach requires a different, more collaborative, approach to working together.
Topics include: Identify and assess potential partners, Formal and informal approach, Evaluation, Due Diligence, Negotiation, Contracts, Charters, Trust.
4. Managing the Challenges
The one certainty is that there will be challenges and things will go wrong. This module will explore these and aid understating. Learning how to deal with challenges will avoid the “danger” that Drucker referred to and help sustain success in your relationship.
Topics include: the Causes of Failure, Internal Terrorists, Risk Management, and issues such as – Does size matter?, Dependency v Flexibility, How long to hold on?, Does end = failure?
5. Sustaining your Success
Once you have established the relationship, you need to live with the consequences! Learn how to build the relationship, manage it and drive high performance.
Topics include: Relationship Strategies, Transitioning, Working Agreements, Success factors, ABC (Attitudes, behaviours, culture), Performance Management.
6. Measure and Monitor Success
At the heart of any business relationship is the “exchange of value”. Sustainable success requires that the exchange is fair and creates a genuine win-win.
Topics include: Exploring ‘Value’, the Value Exchange, Value Management, Reaping the rewards of success!
The course will be participative and will use practical examples to help participants understand what works, risk mitigation and the processes involved.
Who Will Benefit by Attending?
This course is relevant in all industry sectors where businesses are forming partnerships to gain competitive advantage or simply to position for the ‘right to play’ in the future.
It is particularly useful for people looking to achieve a competitive differentiation in situations where establishing a good relationship is a key to success, e.g. bids for deals, alliances delivering a project, customer retention.
The same underlying principles and processes apply to all businesses, small and medium enterprises as well as large scale corporates.
The people within organisations who should attend include:
- Directors, CEO’s or General Managers
- Commercial Managers
- Business Development and Sales Managers
- Relationship, Partnership, Alliance or Joint Venture Managers
- Strategic Account or Relationship Managers
- Strategy and Business Planning Managers.
The Course Participants understanding of the following areas will be enhanced:
- the nature of sustainable business relationships
- the issues of value and the exchange of value
- business and relationship issues that need to be managed
- the basis on which to ensure a successful relationship is established and delivers results.
This understanding (and some specific approaches that will be outlined) can be used to:
- Capture new opportunities for partnering ventures that support success
- Manage the risk of relationship breakdown – for example; to mitigate the risk of alliance dissolution, to retain strategic customers, ensure successful outsourcing etc.
- Enhance the delivery of value to stakeholders
- Improve stakeholder (e.g. customer, employee) satisfaction.
Participants will be provided a perspective on the partnering approach, and some of the methods to be applied at various points in the process to support ongoing success in the relationship.
Contact us now to explore whether your team would benefit from a tailored training programme.
Facilitation of Workshops
Building Successful Relationships
Relationship Health Checks
Strategic Relationship Types
The Relationship Process
Bid Support and Management
Relationship Tips and Tools
Relationship Foundation Checklist [PDF]
General Business Tools and Templates