Oftentimes in forming an industry collective such as a not-for-profit alliance or consortium, your Founders will comprise your initial governing entity. Governing entities can take the form of a Board of Directors, a Steering Committee, a Steering Group or so forth. And your governing body will schedule meetings, prepare agendas, vote on initiatives and lead your organization. However, did you know [...]
by Michelle Hunt, Director, Alliance Management Operations Step One: The Collaboration Concept Today’s need to deliver continuous innovation in global markets has most high-technology companies understanding the benefits of forming strategic not-for-profit alliances to provide product/technology solutions. Through a membership structure of ecosystem members, industry collectives generate significant benefits for members like: a) Extending product lines and portfolios b) Influencing standardized [...]
by Robby Simpson, PhD, System Architect, GE’s Grid Solutions and IEEE SA Corporate Advisory Group Chair In the world of standards development, there exist a variety of participation methods. Some utilize the individual method, where each participant represents, acts, and votes on behalf of themselves. Others utilize a nation-state method, where each nation is a participant and representation and voting occur [...]
ISTO conducts yearly satisfaction surveys to hear how we are doing, where we can improve, and identify new needs of our member programs. ISTO’s commitment to member satisfaction is realized in our 96% average rating from our member programs over the past 6 years*--well above the overall trade association average of 80%. Here are the top 3 reasons why we strive [...]
by Michelle Hunt, Director, Alliance Management Operations – ISTO As a member organization, understanding the importance of retaining a happy and strong membership base is key. Employing a regular cadence of communications and other tactics to keep your members aware and engaged demonstrates that you are prioritizing informing constituents with ongoing dialogue, be it monthly, weekly or even daily. What’s more, [...]
The technologies include blockchain, Internet of Things, and smart cities For the past 20 years, the IEEE Industry Standards and Technology Organization has taken on the administrative tasks involved with setting up not-for-profit industry trade groups—the sort that consortia, industry alliances, and startups need in order to develop technical standards. ISTO sets up a legal infrastructure within which each group operates. It [...]
by Michelle Hunt, Director, Alliance Management Operations - ISTO While there is a notable increase in the development of open source (OS) technical solutions, there sometimes can also be misunderstanding and/or confusion relating to what OS is and how and why today’s technical consortia and collectives are implementing OS development models. The IEEE SA’s Open Source Committee defines open source as [...]
In January 1999, the IEEE Industry Standards and Technology Organization (ISTO) was formed with a mission to serve as the trusted partner to industry in the development and market adoption of industry standards and technical solutions. Serving the entire global technology community, ISTO offers industry associations, trade groups, and consortia a means to form technical organizations and a vehicle to develop [...]
It’s generally accepted that alliances play a key role in the development and advancement of new and emerging technologies and that there is notable value to be achieved through the formation of an alliance. That said, organizations are sometimes challenged to come up with a start-up strategy, as well as a plan for building and strengthening an alliance after its formation. Drawing upon past and current experiences, here are some key points to consider for creating and promoting the market acceptance of technology solutions through an alliance:
By Michelle Hunt, Director Alliance Management Operations, IEEE Industry Standards and Technology Organization Forming an industry alliance or any technology collective can sometimes seem overwhelming or be viewed as a tough challenge. But while there are several factors to consider when constructing an effective group, the benefits of a fully operational, engaged membership collective, all working to support a valued mission [...]