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Going "Glocal"
Major
print media may be on life
support, but our weekly
town newspaper continues
to thrive. And thankfully,
as I enjoy staying abreast
of the latest controversial
issues like the homeowner
who wanted to replace the
windows in his historic
home with two-pane vinyl
ones
not!; whether
replacing our grass football
field with artificial turf
will make it to the June
ballot; and if the town's
newest restaurant is going
to take the market by storm.
I even confess to enjoying
one section of the paper
more than others - the police
blotter. While we get our
garden variety "driving
under the influence"
arrests and an occasional
robbery, it's the more
unusual entries that add
levity to my week and keep
me grounded at a local level.

Sure, the world is
getting smaller, but at
the end of the day, the
value of globalization boils
down to how it affects each
of us locally. And, to
no surprise, the same holds
true for companies scaling
their partner programs globally.
While any plan to develop
a global partner program
is fraught with complex
questions and considerations
(including when and
why - all topics
for future newsletters),
one of the fundamental
questions we're often asked
is what defines a global
partner program?
In
a nutshell, our reply is
framed by the following:
-
A global partner program is driven by design goals that support the
company's global business
objectives. Well-constructed
design goals serve as
a guidepost throughout
program development and
are called upon to test
whether the program structure
meet the needs of the
business. The list of
design goals should be
a reasonable number (typically
between eight to 12 goals)
and, ultimately, blessed
and supported by senior
management. An example
might be: "Program
will set standards for
and enable partner competency
around the globe, but
be cognizant of local
resource constraints."
-
A global partner program is supported by a "plug-and-play"
framework that is extensible
across geographies. The program framework should be structured consistently in terms of
partner expectations
(requirements to join
the program) and rewards
(benefits extended).
It should define a consistent
number of program tiers
branded
the same around the world.
At the same time, the
framework should be flexible
to allow for regional
nuances. Some regions,
for instance, will have
fewer resources to govern
or audit a certain requirement,
and so may need to modify
that requirement, or transition
to it later. The goal
is to deploy a framework
that looks familiar to
a partner expanding its
business from India to
New Zealand, while recognizing
important local business
requirements. In addition,
consistent deployment
across the globe capitalizes
on operational efficiencies
to keep program costs
under control.
-
A global partner program applies to all products in the company's portfolio.
This is most challenging when a company has acquired other brands with
existing partner programs,
and requires rationalizing,
so as not to disrupt sales.
But taking too long to
integrate
all product families under
one framework, ultimately,
expends unnecessary resources
and creates confusion
for partners. Consider
how difficult you make
it for your partners if
they must understand and
engage with you through
multiple programs, in
addition to the other
vendors vying for your
partner's attention.
Like so many things about
indirect channels, taking
your partner program to
a global level is as much
art as it is science.
To be successful requires
advocacy - and frequently
a mandate - from the top
levels of your organization.
It requires input, then
commitment, from regional
stakeholders who understand
the value of striking
a balance between a global
framework and regional
nuances. No small order,
of course, but a global
partner program is essential
for companies that intend
to scale around the world,
and stay ahead of the
curve.
Candidates Seeking Candidates
Our clients and business comrades
are looking for candidates to fill the following positions:
- Director,
Corporate and Interactive Marketing (Seattle)
Job Opportunities
The following Individual is looking for opportunities
to add value to a company seeking channels or business
partner expertise:
-
Entry-level
Marketing Professional
-
Senior Partner/Alliance Marketing
Professional
If you are seeking an opportunity
or candidate with such skills, please contact
us for more information.
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Thoughtwav helps
companies build and execute profitable go-to-market strategies through
direct, partner and alliance channels.
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email: jwilkinson@thoughtwav.com
phone: 781-652-8727
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