HP Innovation Journal Issue 09: Spring 2018 | Page 31

Partner Corner In every industry, digital transformation and disruptive innovation are changing the tools, the processes, and even the business models required to succeed. The pace of business is accelerating—and with it, the complex- ity of managing a constantly evolving IT infrastructure. This new reality changes customer needs, and it changes (and elevates) the role HP and channel partners play in meeting those needs. The growth driven by more holis- tic, services-led sales relationships is eclipsing old-school, transactional product sales. We are called upon not just to provide the technological, digital power tools for our customers, but to work side-by-side with them, helping to optimize and maintain the businesses they build. Enterprise devices and apps have become more intu- itive to users, who are more empowered and productive as a result. The familiar phrase, “anywhere, anytime, any app, any device” describes the expectations of the modern workforce. But this flexibility and freedom come at some cost to enterprise IT leaders, who are asked to: • manage a proliferating array of choices and capabilities; • provide seamless access for mobile workers while safe- guarding the business; • invest in the most strategic choices for today and tomorrow (future-proofing); • and, secure their company’s networks, devices, and data across a widely dispersed set of workers and locations. Customers (IT buyers, and increasingly CXO buyers) want to adopt, integrate and implement products and ser- vices that will help them accelerate growth and minimize risk in this rapidly changing world. They are looking not just for the fastest printer or the most secure laptop, but for the combination of products and services that will enhance and secure their business from top to bottom. They will buy from the vendor who earns their business by helping them identify the technology solutions that are optimized for their specific needs. New Skills and Behaviors, Bottom-Line Growth Delivering value in a more consultative sales process requires a significant level of expertise: an understand- ing of the customer’s business, their infrastructure, and the way their industry works. There’s a steeper learning curve for the technology vendor, and a greater imperative to scale it. Some of the most successful HP partners are driving multiyear strategies and subscription service models— cultivating deeper customer relationships and recurring revenues. The growth they have found by embracing new behaviors validates the need to move beyond the box. Still, there’s knowing what you need to do…and then, there’s knowing how to do it. Growing consensus around the “what” and concern around the “how” for our own sales force at HP and for channel partners led us to make not evolutionary, but rev- olutionary enhancements to the way we equip our own sales force and our partners to sell HP solutions. HP Uni- versity, announced at our Reinvent World Partner Forum in Chicago last fall, reflects an unprecedented investment in channel partner training. Every vendor equips partners with product knowledge and training, but until now no vendor has really helped partners tackle how to sell in the new enterprise landscape. This is about transforming the mindset of a salesperson. Selling an annual recurring revenue stream is different than selling a product: you need to understand financ- ing, balance sheets, Capital expenditures (CAPEX) and operating expenses (OPEX) decisions, how to sell services and not just products. This is not an intuitive shift, espe- cially for sales forces that have traditionally been very product-focused. We believe that HP University will have a tremendous impact in helping the channel make the transition to ser- vice-led selling with a contractual and subscription focus. Partners can learn how to address these profound shifts, and see how doing so will increase their bottom line growth. HP University will provide sales skills education, product training, and certifications to help all its partners, regardless of level, to optimize revenue streams, minimize wasted efforts, and future-proof their business. Deep and Wide Curriculum, Choice of Learning Formats HP University will empower and equip thousands of our HP Partner First Program partners around the globe through a range of online training modules as well as instructor-led, face-to-face learning opportunities. Training is not man- datory, but the curriculum and certifications available will yield significant advantages. Our goal is to deliver valuable selling skills to partners and their employees. These new skills are not limited to HP products: developing a more sophisticated sales competency is relevant to sales efforts 31