Alignment in Cloud GTM Success
Last Week's Post: Executive Alignment Executive Buy-In
Introduction
The most successful ISVs have built cross-functional alignment across their teams using the Executive Buy-In garnered from the last series we discussed. We are really talking about wrangling the transformation that will occur across the business and ensuring everyone is on the same page. Some start with a tiger team, others leverage a project manager, and yet others simply issue goals and allow each to work toward the end state. This alignment spans all the teams that are impacted by Cloud GTM, including:
The Pitfalls of Siloed Teams
First and foremost, you risk being unable to transact, providing a poor customer experience and internal one. If you get the first few deals wrong you are likely to face stiff internal resistance going forward and set back your strategy success months if not years as you struggle to regain buy-in, trust and urgency.
Achieving Cross-Functional Alignment:
Now I mentioned in the last post about my struggle with Executive buy-in but what we did well was cross-functional alignment to get marketplace up and running.
Now we didn’t have the luxury of time, customers were asking us to take deals through MP so we were a bit in a reactive state vs planning but the concept remains the same.
We started what we called the War Room. It was a weekly meeting between most of the teams mentioned above. The team would review the current partnership and listing status, then discuss the sales pipeline, and work the problem for the next deal. Was it in a country we had a listing for, what marketplace was it, does that MP supports the tax, what entity did we need to use, did the rep have enablement, was the deal registered for co-sell, etc…From there we could validate or create tasks for the right product, enablement, legal terms, payment processing, rev-rec, and so on.
This worked in a pinch but I’d recommend you setup before incoming deals and be prepared.
Departmental Contributions to Cloud GTM Success
Marketing
Contribution: Owning customer facing, cloud facing, and internal facing compelling content and narratives for Cloud GTM. Here are a few examples:
Enablement
Contribution: It’s critical that sales enablement is owned where it fits in your company structure. This team needs to build out and deliver regularly:
Finance
Contribution: Adapting revenue recognition processes to fit cloud marketplace transactions may or may not be a heavy lift. You need finance for a myriad of reasons. Some considerations they have to make would be:
Sales
Contribution: Incentivizing sales teams aligns their efforts with Cloud GTM goals. There are a few areas sales will contribute here:
Operations
Contribution: Operations' ensure the backend processes support GTM strategies.
Channels
Contribution: If you have a dedicated team, they can help in varying ways. Not everyone will have one however. Some contributions:
Legal
Contribution: Legal ensures the formalities in the processes support GTM through:
Product
Contribution: Product is the main event if you are lucky enough to have one that is cloud native, agnostic and able to draw and report consumption for you or your end user. This team will have to work on:
There is a lot more in each of these to consider, so in a follow on new mini-series we will dive into each. Feel free to comment below on which you are most keen to hear more about.
How We Align Cross-Functionally
There are many ways we can do this and each company and person will vary so below I’ve compiled a few ways that 10 ISVs have said they used for them:
Establish a Unified Vision and Objectives
Form Cross-Functional Teams
Regular Sync-Up Meetings
Collaborative Planning Process
Wrapping It Up: The Secret Sauce to Cloud GTM Magic
Well folks, we’ve been on quite the adventure through the wild world of cross-functional alignment for Cloud GTM success. Think of it as trying to coordinate a family road trip with your in-laws, kids, and that one aunt who insists on bringing her four cats. Chaos? Maybe. Necessary for peace and progress? Absolutely.
We've seen firsthand that when teams operate in their little bubbles, it's like trying to bake a cake with each person in a different kitchen. Some end up making pancakes, and others, well, they just set off the smoke alarm. But when we got everyone in the same room (or Zoom call), we started making some gourmet progress.
Your Mission, Should You Choose to Accept It
Now, it's your turn. Dive into the trenches, gather your troops, and start breaking down those silos. Whether you form a ninja squad to tackle the challenges or simply start with getting everyone to agree on where the coffee machine should go, every little bit helps.
Navigating the Cloud GTM universe with a band of misfits (a.k.a. your incredibly diverse and talented teams) isn't just about surviving the chaos; it's about thriving in it. By embracing a bit of humor, a lot of collaboration, and a dash of patience, you're not just launching into the cloud you're soaring.
Until next time...
Founder @ Symbio, a Cloud Alliances GTM Agency
9moGreat post! Love the sales ambassadors concept here.
Cloud GTM Principal | Co-Sell & Marketplace GTM Transformation | @Tackle.io | NCEM
9moWhat's your #awesomesttrick for cross-functional alignment?
Cloud GTM Principal | Co-Sell & Marketplace GTM Transformation | @Tackle.io | NCEM
9mo⏯ WATCH THE VIDEO: https://lnkd.in/exwSvPJB 📖 READ THE BLOG: https://lnkd.in/eGPvwS_y