But waitโ€”building a partnership team isnโ€™t as straightforward as it may seem.

Many assume that repurposing existing sales or client success resources will work for partnership roles. While it can sometimes fit, it’s often more complex than that.

At a high level, partnership resources can be categorized into two main types:

๐Ÿ”น ๐—ฃ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜: Focused on managing and growing existing partnerships.

๐Ÿ”น ๐—ฃ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ ๐—”๐—ฐ๐—พ๐˜‚๐—ถ๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป: Tasked with bringing new partners on board, whether through inbound or outbound efforts.

These can be combined, but as your organization scales these roles may need to be separated for optimal performance.

๐—ง๐—ต๐—ฒ ๐—–๐—ต๐—ฎ๐—น๐—น๐—ฒ๐—ป๐—ด๐—ฒ: Finding the right talent can be tough. When you do spot potential candidates, they might not be looking to leave their current roles. This speaks volumes about the appeal of a well-structured partnership function!

๐—Ÿ๐—ฒ๐˜โ€™๐˜€ ๐—ฏ๐—ฟ๐—ฒ๐—ฎ๐—ธ ๐—ฑ๐—ผ๐˜„๐—ป ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฎ๐—ถ๐—น๐˜† ๐—ฟ๐—ฒ๐˜€๐—ฝ๐—ผ๐—ป๐˜€๐—ถ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐—ถ๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ฒ๐—ฎ๐—ฐ๐—ต ๐—ฟ๐—ผ๐—น๐—ฒ:

๐—ฃ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜

โ€ข Nurture and expand existing partnerships

โ€ข Collaborate on new joint offerings

โ€ข Manage escalations and issues (because they will arise!)

โ€ข Measure success by revenue growth from partnerships

โ€ข Act as the intermediary among your company, the partner, and the client

๐—ฃ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ ๐—”๐—ฐ๐—พ๐˜‚๐—ถ๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป

โ€ข Identify potential partnership opportunities

โ€ข Initiate conversations and pitch the value of partnerships

โ€ข Negotiate contracts and manage onboarding

โ€ข Oversee the partnership for the first six months post-launch

๐—ช๐—ต๐—ฎ๐˜โ€™๐˜€ ๐˜๐—ต๐—ฒ ๐˜€๐—ฒ๐—ฐ๐—ฟ๐—ฒ๐˜ ๐˜€๐—ฎ๐˜‚๐—ฐ๐—ฒ?

For ๐—ฃ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜, success requires the ability to push back. Remember, partnerships thrive on a give-and-take modelโ€”neither side is always right! This is why traditional client success resources may struggle in this role.

For ๐—ฃ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ ๐—”๐—ฐ๐—พ๐˜‚๐—ถ๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป, you need to โ€œsellโ€ the partnership while simultaneously consulting on joint solutions. This is much more than just closing a deal!

๐—ž๐—ฒ๐˜† ๐—ง๐—ฟ๐—ฎ๐—ถ๐˜๐˜€ ๐˜๐—ผ ๐—Ÿ๐—ผ๐—ผ๐—ธ ๐—™๐—ผ๐—ฟ:

โ€ข Ownership and accountability

โ€ข Urgency and initiative

โ€ข The ability to envision and drive joint offerings

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