$Account.OrganizationName



 

Happy Holidays!

In December’s issue of Ahead of the Curve, we share our top recommendations for making your Partner Advisory Council a productive event, or at least a step ahead of the dreaded holiday office party.

Regards,
jw signature
John Wilkinson
jwilkinson@thoughtwav.com








The Dreaded Holiday Office Party

Raise your hand if you’ve a survived at least one not-so-enjoyable holiday office party. Me too!

My first disastrous holiday office party was early in my career when the sales VP took to the microphone after one too many spiked punches to hand out awards. (Thankfully, the HR VP exercised impressive finesse as he gingerly escorted the executive from the stage.)  That experience, however, doesn’t hold a candle to the Yankee Swap I attended along with more than a hundred employees and no limit to the number of times an item could be traded. I’d still be there today if it wasn’t for security informing the host that the room rental was up!

Unfortunately for most, this time-honored show of management appreciation repeats itself every year. Aside from the obvious risks of letting loose with the people who sign your paycheck, planning the event isn’t generally anyone’s day job, and so, little thought is given beyond the when, where, and what to serve. Because the investment in planning correlates to the outcome, the refrain “Survived another one!” is all too common.

Delivering an effective Partner Advisory Council, however, offers the promise of a much greater payoff, and hence, the need for channel organizations to invest in planning the event carefully. Done well, a Partner Advisory Council builds upon the core relationship with your partners and offers a valuable problem-solving and idea-generating forum for all participants. Do it poorly, and your partners may be reluctant to invest their time again.

To that end, here are some best practices that we see leading companies put in place for an effective Partner Advisory Council.

1) Partner Advisory Councils should not be standalone events. Rather,
    
they should be integral to an interactive partner communications strategy,
    designed to strengthen partner loyalty.

2) The best meeting agendas are those formulated with partner input.
    Send out a list of “top 10” agenda ideas in advance of the council meeting and
    ask partners to rank order their interests, or reach out to participants
    individually to understand what will make the meeting most productive and
    effective for them.

3) Think working session rather than presentation fest. Resist the
    temptation to schedule every product group for an update. Mix it up with
    breakout sessions that let partners and your executives tackle issues
    together, and then report their respective outcomes to the group. Take
    advantage of your partners’ access, experience, and success with

   
 customers. Give them an opportunity to share what’s going on out there.

4) As tempting as it is, don’t invite only the nice partners. While it feels
    good to hear accolades, you may be sheltering yourself from a reality that is
    constraining your growth. And, don’t hesitate to trade out council members
    after a reasonable period of time (a year or two) to keep the input fresh. As
    with a board of directors, having term limits makes sense.

5) In today’s traveling and economic environment, less is more. While
    everyone enjoys a resort with fabulous weather, turnout will be optimized in a
    location that is easy to get to in the shortest amount of time. As for meeting
    time: one and a half days is ample; one is better.

6) Whenever possible, outsource meeting facilitation and time
    management. (And, we’re not just saying this because we provide this
    service.) A facilitator can ensure the meeting stays on track, and effectively
    draw out sensitive dialogue that partners might not share otherwise.

7) Follow-up is critical. Ensure that someone records primary meeting
    takeaways and distributes them to the participants after the meeting. The
    best council organizers hold themselves accountable, assign “to do’s”, and
    report progress on a regular basis.

Here’s to surviving the annual holiday party, not to mention the entire season! I promise not to invite you to my party this year if you’ll refrain from inviting me to yours. That way, I’m sure we’ll both stay ahead of the curve.


Clients Seeking Candidates

One of our clients is looking for candidates to fill the following position:

  • Sr. Marketing Manager, Database Marketing - Boston, MA

If you know of anyone who might be interested, please have him or her contact us for more information.

 
Thoughtwav helps companies build and execute profitable go-to-market strategies through direct, partner and alliance channels.

email:  jwilkinson@thoughtwav.com
phone: 781-652-8727




Copyright (c) 2008 Thoughtwav, Inc. All rights reserved.  Lexington Massachusetts 02421 United States.