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Vendor Alliance Session

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Presentation on theme: "Vendor Alliance Session"— Presentation transcript:

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2 Vendor Alliance Session
Agenda Introductions Alliance Options What are the different models Framework for alliances Contracts Criteria for Success Measurement for success Insurer Perspective Benefits of an alliance Challenges/Issues Success Stories Vendor Opportunities and Watch Areas

3 Vendor Alliance Session
Karen Furtado Partner Strategy Meets Action Lawrence Fortin CIO Millers Mutual Carolee Dagenais Global Alliance Director Guidewire Nimish Sankalia Head – Marketing and Alliances Majesco Mastek

4 Vendor Alliance Session
Alliance Options

5 Vendor Alliance Session
Strategic Implementation Partners ISV Partners OEM Relationship Resellers

6 Vendor Alliance Session
Alliance Frameworks

7 Vendor Alliance Session
Strategic Alliances Affiliates Opportunistic

8 Vendor Alliance Session
Contracts

9 Vendor Alliance Session
Partner Contracts Subcontractor Agreements Beta Agreements Teaming Agreements Training Agreements

10 Vendor Alliance Session
Criteria for Success

11 Vendor Alliance Session
Win-win situation Assign a liaison Provide tools and training Annual mutual goals Measure progress - scorecard Partner influence Services involvement Training Account meetings Recognition

12 Vendor Alliance Session
Insurer Perspective

13 Benefits of an alliance
Vendor Alliance Session Benefits of an alliance

14 Vendor Alliance Session
Complete solution Demonstrate integration Joint value proposition More than just a marketing effort

15 Vendor Alliance Session
Challenges/Issues

16 Vendor Alliance Session
Watch for sales lead only alliance Determine designated lead or primary vendor Do not want to ‘referee’ vendors Relationships that are not aligned

17 Vendor Alliance Session
Success Stories

18 Vendor Alliance Session
Senior management invested in relationship No more than two ‘front’ companies in the relationship Power of ‘silent members’ of the alliance

19 Vendor Opportunities and Watch Areas
Vendor Alliance Session Vendor Opportunities and Watch Areas

20 Vendor Alliance Session
Opportunity Increased sales Watch area No Barney relationship

21 Vendor Alliance Session
Questions

22 Taming the “Integrated Campaign” Beast
If you have questions specific to this presentation, please feel free to Karen Furtado Partner Strategy Meets Action Thank you for your time and attention. Now, back to Mark Roth for the event wrap-up and some quick reminders about the rest of the weekend.


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