How To Choose The RIGHT Partners
IPP Creation Tool.docx.pdf
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Potential Partner Scorecard.docx.pdf
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Lesson Summary
The Ideal Partner Profile (IPP) Guide offers a structured approach to delineate the qualities of an ideal partner for your organization. The guide consists of:
- Step 1: Defining Strategic Goals, involving objectives such as revenue growth or market expansion.
- Step 2: Identifying Key Traits, including Industry Expertise, Business Size, Technical Skills, and Cultural Fit.
- Step 3: Understanding Their Customer Base in terms of segments served and reputation.
- Step 4: Evaluating Commitment to Partnership through resource allocation and past partnerships.
- Step 5: Creating Your IPP by summarizing findings into a structured profile.
The personal alignment aspect emphasizes the importance of personal compatibility in partnerships. Key considerations include personality traits, communication styles, values, and past successful partnership traits.
The Partner Scorecard is a tool to assess potential partners based on business alignment. The scorecard involves:
- Scoring Instructions: Rating questions on a scale from 1 to 5, with 1 being a poor fit and 5 being an excellent fit.
- Evaluation Criteria covering Industry Expertise, Customer Base, Sales Capabilities, Cultural Alignment, Training and Enablement, Marketing Collaboration, Sales Process Alignment, Performance History, Problem-Solving Skills, and Commitment to Partnership.
The Scorecard Template provides a structured format for scoring potential partners against the outlined evaluation criteria, with a Total Score helping to compare alignment levels. Higher scores indicate better alignment and suitability for partnership.
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