News

Corporate partnerships: is there a ‘silver bullet’?

Werewolves and corporate partnerships.

Legend has it that you can slay a werewolf with a single silver bullet. So the ‘silver bullet’ has become a metaphor for there being a simple answer or solution to a particular challenge.If we apply this thinking to corporate partnerships, is there a simple answer to help charities be successful at securing and growing partnerships with companies? In my mind I want the answer to be yes, indeed it is human nature to try and find simple answers and short cuts. But my experience suggests otherwise. I believe success is best achieved by focusing on a number of different factors. So there is no silver bullet for corporate partnerships.

Sir Dave Brailsford’s Olympic success

To explain my thinking let me tell you about someone who led a team to achieve remarkable success in the 2008 and 2012 Olympics. His name is Sir Dave Brailsford and he was performance director of British Cycling.He inherited a team that was producing average results, so he came up with a very powerful method that produced a dramatic improvement in performance. He calls it ‘the concept of marginal gains’. Rather than asking his team to focus on creating a huge step change in results, he said let’s focus on all the different factors that affect performance and aim to improve each one by a small amount. Then if you add together all those marginal gains it creates a really significant improvement.“The whole principle came from the idea that if you broke down everything you could think of that goes into riding a bike, and then improved it by 1%, you will get a significant increase when you put them all together.” – Sir Dave Brailsford.Brailsford’s team examined all the different factors that affect a cyclist’s performance including clothing, tyres, aerodynamics, diet, recovery and even the pillow they used when staying in hotels! They made small improvements in each one and the cumulative result was stunning. Altogether his team won 16 gold medals in the 2008 and 2012 Olympics. Also he led Team Sky to win the Tour de France with Bradley Wiggins and Chris Froome in 2012 and 2013 respectively.

Key factors for corporate partnerships success

We can apply the concept of marginal gains to corporate partnerships as well. If we identify all the different factors that affect success and we improve each of them a little, we can create a significant increase in performance.So what are some key factors that drive corporate partnerships success? I’ve listed some of the main ones below, along with a short definition:

  • Focus On Top Prospects – it is crucial that you know who your top prospects are. These should be companies that have a strong fit with your charity and would benefit from a partnership with you.
  • Passion – passion is the positive emotional commitment that you bring to your corporate partnerships. It helps you bring a determination to your cause and it’s infectious so your corporate partners feel passionate too.
  • Securing Meetings and Networking – this is your ability to secure meetings with your target companies. It requires strong influencing and communication skills, especially on the phone.
  • Powerful Pitching and Presenting – this is your ability to create and deliver powerful and effective pitches and presentations. The aim is for your presentations to be extraordinary, creative and moving.
  • Proactive and Results Focused – this is ensuring that you are taking action on a daily basis to deliver the agreed objectives for your partners and to secure major new partnerships. It requires persistence and dedication.

These are just a few examples and I’m sure you can think of many more. I have identified twenty in total.

A formula for success

This approach is very exciting because it makes success so much more achievable. What Sir Dave Brailsford did was breakdown the formula for success into something that felt possible and people could focus on a daily basis.Indeed this approach has inspired me to create a Corporate Partnerships Assessment and Growth Plan which you can read more about here.If you want to discuss how you can increase your corporate partnerships success then please contact me on 07789 871 496 or email me at jonathan@remarkablepartnerships.com

Book Your Discovery Call

Let’s build partnerships that your cause — and the world — actually needs.

Book A Discovery Call
Latest News
5
min read
How Healthy is Your Pipeline?

When doctors and nurses need to understand how healthy a patient is, they start by checking the vital signs: blood pressure, temperature, and heart rate. These simple checks can quickly tell them whether everything is working as it should or whether something needs attention.

So, when we meet with charities, we often want to follow a similar process with their corporate partnerships. One of the questions we always ask is: how healthy is your pipeline?

The answer is often incredibly revealing, because your pipeline isn't simply a list of companies you'd like to work with; it's one of the clearest indicators of the health and future potential of your corporate partnerships programme.

So, if you were giving your pipeline a health check today, what would you find?

The three vital signs of a healthy pipeline

We believe three key factors matter: quality, momentum, and ownership.

1. Quality: Are the right prospects in your pipeline?

A big pipeline isn't necessarily a healthy pipeline. You could have 100 companies listed, but if most have little connection to your cause, limited potential, or no realistic route to engagement, what value does that number really give you? 

A healthy pipeline includes quality prospects: companies with high-value potential that fit your organisation and its purpose, so you need to be selective.

Ask yourself: Are these genuinely the companies we should be investing our time and energy in?

Sometimes, improving the health of your pipeline isn't about adding more prospects; it's about being brave enough to remove the wrong ones.

2. Momentum: Are your prospects moving?

A healthy pipeline should never be static. Your prospects should be consistently moving through the different stages of your pipeline, from identified to engaged, nurtured and, ultimately, converted.

Of course, that doesn't mean every prospect will move at the same speed. Building high-value corporate partnerships takes time, but it should still build momentum. If a company has been sitting in the same stage for six months, ask why.

  • What's stopping it from moving forward?
  • What conversation needs to happen?
  • Who else could you involve?
  • What's the next action?
  • And if there isn't a realistic next action, should that prospect still be taking up space in your pipeline?

Successful corporate partnerships teams don't just track activity; they actively look for ways to create momentum.

3. Ownership: Who is responsible for your pipeline?

Your pipeline shouldn't live forgotten in a spreadsheet that gets opened once a month; it needs ownership.

The most successful corporate partnerships teams we’ve worked with regularly review their pipelines together, with senior management engaged in the process too.

Personally, we think 9am on a Monday is a great time to do it. Start the week by looking at where your opportunities are, what's changed, what's stuck and where the team needs support. This isn't about reporting for reporting's sake; it’s about collectively asking: What can we do this week to move things forward?

Senior management can be particularly valuable here. They may have relationships that can unlock a conversation, experience that helps overcome a challenge or influence that can bring the right people around the table. Your pipeline shouldn't belong to one person. Creating remarkable partnerships should be a team effort.

Ask better questions about your pipeline

A good pipeline meeting shouldn't simply involve reading through a list of companies and giving an update on each one. It should create action.

Instead, ask questions that challenge your thinking:

  • Which prospect is stuck, and what could we do to move them to the next stage?
  • Do we have too many prospects in our pipeline?
  • Do we have too few?
  • Are they the right prospects?
  • How could we get better and more efficient at moving companies from engaged to converted?
  • What's our communications plan for keeping prospects engaged and moving forward?

The purpose isn't simply to know what's in your pipeline; it's to make your pipeline work harder.

Pace matters too

Another characteristic we see in highly successful corporate partnerships teams is pace. Your team needs to be dynamic, agile, and able to seize opportunities.

When somebody offers a warm introduction, they act on it. When a prospect shows interest, they build on that momentum. When something isn't working, they adapt instead of sticking with the same approach. That doesn't mean rushing relationships. Strong corporate partnerships are built on trust, and trust takes time.

But there's a big difference between being patient and being passive; healthy teams keep moving.

As we move into the 4th quarter, do a health check on your pipeline.

  1. Do we have quality prospects?
  2. Are they moving?
  3. Does our pipeline have genuine ownership?

And be honest with your answers. If one of those vital signs isn't looking quite right, don't ignore it; work out what needs to change.

Keep your pipeline healthy, and you'll create the conditions to build remarkable partnerships

One of the questions we always ask is: how healthy is your pipeline?

Latest News
5
min read
The Power of Celebrating Little Wins

We all love a big win. The £250,000 corporate partnership, the signed agreement, the announcement on LinkedIn, the photograph of two organisations shaking hands and celebrating what they are going to achieve together. But no one simply gets a big win. Behind every strategic  corporate partnership are dozens, sometimes hundreds, of little wins that made it possible and yet we don't celebrate those nearly enough. The question is, why?

‍

What if the big win takes 18 months?

‍

High-value corporate partnerships take time to build. It could take anywhere from 6 to 18 months from identifying the right company to signing a partnership worth £250,000. If signing that agreement is the only moment you allow yourself to celebrate, you're going to spend a long time feeling as though you haven't succeeded. That's a long time to wait to feel like you're making progress. Instead, think about everything that needs to happen before the agreement is signed:

  • A warm introduction - that’s a win. 
  • They responded and agreed to a meeting - that’s a win. 
  • You had a brilliant first conversation and discovered their priorities and challenges - another win. 
  • They agreed to a second meeting and wanted to involve more senior people - win.
  • You identified an opportunity where your charity could help them solve a genuine business challenge - win. 
  • They told you they were interested - win.
  • You developed the proposal - win.
  • They gave you positive feedback - win.
  • They told you they wanted to partner - win.
  • You sent the draft partnership agreement - win.

‍

Every one of these moments matters, and every step in the journey is a little win. 

‍

Progress is powerful 

‍

Research by Teresa Amabile and Steven Kramer revealed that the biggest driver of motivation isn’t praise, money or recognition; it is making progress in meaningful work. Sharing and celebrating little wins reinforces your progress, because you write it down or say it out loud and your colleagues respond with encouragement.

‍

Celebrating little wins isn’t lowering your standards or pretending everything is going brilliantly; it’s sharing and recognising progress. High-value corporate partnerships aren’t built overnight. They are the result of hundreds of little wins that most people overlook.

‍

So, why don’t we shout about them? 

‍

Sometimes, celebrating a little win can feel uncomfortable. We find ourselves questioning: 

  • Is it really big enough to share?
  • Will people think I'm showing off?
  • What if the partnership doesn't happen?

‍

We can be so worried about appearing big-headed that we keep our progress to ourselves, but celebrating progress isn't boasting, and it isn't pretending that you've achieved something you haven't. It's simply recognising that something positive has happened and that you're one step closer to where you want to be.

‍

In fact, sometimes celebrating a win should attract attention.

‍

  • If somebody in your team has spent months developing a relationship and finally secures a meeting with a decision-maker, why wouldn't you celebrate that?
  • If a corporate prospect tells you that your proposition has completely changed the way they think about working with your charity, that's worth sharing.

‍

Communities should celebrate progress. Teams should encourage one another. Leaders should recognise the work happening long before the final result arrives.

‍

When we share those moments, something else happens: other people get behind us, and little wins create collective momentum.

‍

Big wins are built from little ones

‍

When we see an incredible corporate partnership announced, we see the result, but we don't see the introduction that happened 18 months earlier:

  • The first coffee.
  • The unanswered email.
  • The follow-up.
  • The conversation that uncovered a shared challenge.

‍

Those are the building blocks. So don't wait for the partnership agreement to be signed before you recognise how far you've come.

‍

Write the little wins down, and share them in your team meetings. Put them in your internal updates and tell your colleagues when something has moved forward. Celebrate other people's progress as enthusiastically as you'd want them to celebrate yours, because remarkable partnerships aren't built overnight. They're built through conversations, relationships, persistence, learning and hundreds of moments of progress that are very easy to overlook.

‍

Celebrate your little wins. They're the building blocks of remarkable partnerships.

‍

Behind every strategic corporate partnership are dozens, sometimes hundreds, of little wins that made it possible and yet we don't celebrate those nearly enough. The question is, why?

Stay Informed. Stay Remarkable.