ISTO Blog Archives

Navigating Tech Alliance Leadership: 6 Trends and Solutions to Consider

In the changing landscape of alliance or consortia management, industry leaders face unique challenges. From shifting member expectations to economic pressures and rapid technological advancements, these groups must adapt to thrive. Let’s explore some strategies that could shape the future of these types of organizations. Rethinking Value Propositions Associations or consortia traditionally define their value based on their mission. However, in [...]

Donna Ceruto2024-09-30T07:25:22+00:00September 30th, 2024|ISTO Blog|

Top 5 Ways a Consortia Can Generate Non-Dues Revenue

For consortia, generating non-dues (i.e., membership fees paid by members of a consortium) revenue can be a helpful resource to supplement growth and sustainability. Relying solely on membership dues can limit a consortium’s potential, but by exploring alternative revenue streams, these collaborative groups can fund new initiatives, enhance member services, and strengthen their overall financial health. Here are the top five [...]

Donna Ceruto2024-08-26T14:07:22+00:00August 26th, 2024|ISTO Blog|

Top 5 Reasons Why Technical Alliances Outsource

When it comes to consortia or association management, outsourcing administration and operations can offer several advantages. In our experience, here are the top five reasons why consortia thrive when they partner with organizations like IEEE-ISTO: Focus on Core Competencies: Outsourcing alliance management allows organizations to concentrate on their core competencies. Managing alliances involves intricate coordination, relationship-building, and strategic planning. By outsourcing [...]

Donna Ceruto2024-07-31T19:08:54+00:00July 25th, 2024|ISTO Blog|

IEEE-ISTO Announces Formation of the Universal Interoperability for Grid-Forming inverters (UNIFI) Consortium

PISCATAWAY, N.J., July 12, 2024 (GLOBE NEWSWIRE) -- The IEEE Industry Standards and Technology Organization (ISTO), an international federation of leading groups and consortia dedicated to the advancement of standardized technologies for the benefit of industry, today announces its newest member program, the UNIFI Consortium. The Universal Interoperability for Grid-Forming Inverters (UNIFI) Consortium is a U. S. Department of Energy (DOE) funded effort to advance grid-forming (GFM) inverter [...]

Donna Ceruto2024-07-31T19:03:17+00:00July 16th, 2024|ISTO Blog, Press Releases|

ISTO Helps to Safeguard Program Members from Risk

In today’s interconnected business landscape, technology consortia play a crucial role in shaping industry standards, fostering collaboration, and driving innovation. However, managing a technology alliance or consortium involves inherent risks. Outsourcing the management and operational support to organizations like ISTO provides several benefits that help protect members and enhance overall success. The top 3 areas are listed below. Legal Expertise and [...]

Donna Ceruto2024-06-18T13:38:12+00:00June 18th, 2024|ISTO Blog|