Stuff Happens!
As
often happens when you get together with someone you've worked
with in a prior life, you reminisce. And, not surprisingly,
a lot of the reminiscing revolves around the funny or not so
favorable memories. So, it wasn't surprising when a former colleague
and I found ourselves commiserating recently about some of our
favorite stories, like the time my boss gave me a performance
review in the car while the director of finance sat in the back
seat making faces at me in the rearview mirror (true story!).
Another such memory from the years I spent working at a software
company is the story of the "Legendary Partner Dreaded
by All." To sum it up: the partner's executive sponsor
was a mad man - mad, as in angry. Picture account reps with
their hair on fire running out the door and you'll get a sense
of the tone of the relationship. He once physically leapt across
the table at an unsuspecting account rep who came to deliver
new pricing information. No matter what news was delivered,
this exec was predictable in his over-reaction and ability
to perceive any change as a deliberate attempt to sabotage his
business. The drama was palpable.
Our
tolerance for the relationship was high, however, because a
lot of customers bought our software from his company. As
one of the highest producing resellers we had, there was little
incentive for his company to accept change.
A
couple of years later, however, we expanded our product offering
and needed partners with deeper professional services capability.
Our dependence on this partner waned, as did any benevolence
we could muster to help the company build the professional services
competency it now needed to compete. At the end of the day,
the scars were deep and it was an easy decision to shift
resources to partners who were enthused about rolling up their
sleeves and adapting to new market opportunities.
And,
therein lies the point of the story: while some partners
may be good for short-term revenue, they may not be good for
your business in the long run. Aside from the mental anguish
caused by a partner that cannot work with you through change,
the cost of managing an inflexible partner can exceed the
benefit of all that revenue.
An
important litmus test for any relationship is not, generally,
how well things are going, but how well you navigate through
the rough spots together. Those that perform well are the
partnerships worth keeping.
Pick
a partner and ask yourself how this partner would react to the
following news:
-
We were just acquired.
- Our
(loved-by-all) VP of Channels is leaving.
- The
product's late.
- We're
reducing our partner discounts (or cutting back on co-op).
- We're
bringing on more partners.
While
they may not like the news or changes, the partners that
recover quickly are those worth keeping for the long haul. Most
challenges have been faced in the past and, like Groundhog Day,
they will continue to rear their ugly little heads for time
eternal. And, of course, it works both ways in that your
partners expect the same flexibility from you when they present
an unforeseen challenge.
So,
in the spirit of the age-old axiom "what doesn't kill you
makes you stronger," here's to partnerships that rally
through thick and thin to stay ahead of the curve.