The Why and How of Partner Ecosystems

/ Scaling up / By Satish Shenoy / December 2, 2022 / 1 minute of reading

What constitutes a successful partner ecosystem

Successful partnerships start by first defining the “why”. Whether that’s a new market, a new industry vertical, or a new technology. From there, it’s crucial to examine how the partnership will create value for two or more companies that are forming that partnership:

Why are Partnerships essential to Digital Transformation

Organizations need to develop a dynamic ecosystem of partners to achieve growth, profitability, and innovation objectives. By leveraging the skills and resources of a reliable partner, organizations can aim for their loftiest transformation goals.

What are the common mistakes in transformational partnerships?

Your ability to scale and innovate is greatly influenced by the success of partnerships. Successful partnerships are only achieved by understanding the value that each partner brings to the table. It’s also essential to determine how the partnership is monetized and how the spoils will be divided.

Key Steps for Building a Successful Partnership

About The Author

Satish Shenoy

In his 25+ years of building and leading teams to achieve big, bold goals, Satish has experienced businesses from Fortune 500 companies to early stage startups, across multiple cities, countries and continents. He has helped for-profit companies grow profitably and non-profit ventures make impact. Satish is a partnerships ecosystem expert, an author, an award-winning speaker, a 7 continent marathon runner and a mentor and a friend to many. For those that don't know Satish, his story is an unlikely one… He moved to the US with 2 bags and a $2000 dollar loan and worked his way to become a successful senior executive, a Distinguished Toastmaster and a member of the “Seven Continent Club”. This exclusive club is a group of people that have run marathons across every continent including Antarctica. Having achieved big goals that initially seemed impossible to him, his mission now is to help others navigate their own Antarcticas'. He recently published his book “Runaway Growth” which has become an Amazon bestseller.