Everybody wants to develop their business contacts into strategic business partnerships. But what does “strategic” really mean and how to do it? Based on years of research, numerous case studies, benchmarking with multinational companies and practical experience from both business and universities, we have identified five success factors for creating and sustaining strategic partnerships. In this workshop you will use the Partnership Canvas as a tool to assess and develop your institutions partnership approach along these success factors.
Gain insights into the success factors for strategic partnerships, share experience and best practices, assess and further develop your current engagement with external partners, and learn a methodology that you can use in your home institution.
This workshop has been devised to support university managers, leaders, administrators, professionals in the interface with industry, academics and researchers who are seeking improvements in their partnership management. As a workshop participant you will receive a workshop certificate, issued by the University Industry Innovation Network and signed by the workshop facilitators.
We first present insights from the book “Strategic Industry-University Partnerships - Success-Factors from Innovative Companies” on what large corporations consider their success-factors for university collaboration. This serves as a starting point to develop a common understanding of what makes a partnership strategic and a common language to discuss this issue. We will then introduce the Partnership Canvas as a tool to systematically assess and develop different aspects of a strategic partnership.
A large part of the workshop is dedicated to facilitated group work. Participants will work with the canvas in groups of 3-4 to first assess their current partnership approach. They will then identify tensions and gaps and together develop ideas on how to mitigate them.
- Get insights into the university-partnership approach of eight leading global companies,
- Develop a common understanding of “strategic partnerships” and share best practices,
- Work with the Partnership Canvas in small groups to assess and develop your partnership approach,
- Tour around the Amsterdam Science Park area including the innovative Start-Up village,
- Dinner at one of Amsterdam’s iconic restaurants.
As a result of this workshop, participants will have:
- A better understanding of what makes a partnership strategic,
- Specific best practices from leading companies and other universities,
- An assessment of the partnership approach of your institution, including gaps and tensions,
- Concrete ideas on how to close the gaps and mitigate the tensions,
- A methodology that can be used in your home institution to facilitate a discussion and trigger a change of mindset,
- A trusted network with like-minded professional facing similar issues.
Dr. Lars Frølund
Dr. Lars Frølund is the Research Director of MIT Innovation Initiative and a Visiting Fellow at the MIT Sloan School of Management. His research focuses on the success factors for university-industry partnerships, innovation ecosystems, and mission-driven research and innovation. He is the co-editor of the book Success Factors for University Partnerships where leading global companies describe their excellence in industry-university collaboration and “Developing Successful Strategic Partnerships with Universities” published by Sloan Management Review. He is on the board of the Danish Innovation Fund and was a Fulbright Scholar at MIT in 2016/17. He lives with his wife and two children in Boston, USA.
Dr. Max Riedel
Dr. Max Riedel is senior consultant at Siemens Corporate Technology University Relations. His daily tasks include consulting Siemens businesses in all aspects of university cooperation, ranging from developing a partnering strategy over finding suitable research partners to fostering long-term strategic cooperation. He is currently delegated to the University of Ulm to support the ramp-up of the Quantum Technologies Flagship initiative, one of the European Commission’s most ambitious long-term projects to bring technology from the lab to the market. Before this assignment, he was the key account manager for two of Siemens’ Strategic Partner Universities.
Together with Lars Frølund, Max is co-editor of the book Success Factors for University Partnerships (forthcoming Elsevier, winter 2017) and co-author of Engaging in Regional Innovation Ecosystems – Six Questions to Get Your University Partnerships Right! (forthcoming Sloan Management Review, Winter Issue 2017/18).
Max holds a Master’s (2006) and a PhD degree in physics (2011). He is a German citizen and lives with his wife and daughter in a village near Augsburg.