Article
|
5
 minutes
Hit the Ground Running in Tech Partnerships (Plus: a 30-60-90 Template For New Hires)
Article
|
2
 minutes
Nearbound Daily #091: Try this partnerships hack
Article
|
1
 minutes
Nearbound Weekend 06/24: The early mover advantage
Video
|
31
 minutes
Nearbound Marketing #20: 3 Ways to Market with Creators in Your Niche
Article
|
180
 minutes
Nearbound Daily #090: A path to the promised land
Video
|
26
 minutes
Howdy Partners #40: Strengthening The Foundation
Article
|
4
 minutes
Prerequisites for Monetizing B2B SaaS Tech Partnerships
Article
|
3
 minutes
Nearbound Daily #088: Make partnerships stupid simple
Article
|
6
 minutes
How to Communicate Effectively With Your Sales Team About Partnerships
Video
|
43
 minutes
Nearbound Marketing #19: The Relationship Focus Most Marketers Are Missing
Video
|
52
 minutes
Friends With Benefits #03:Think Different
Article
|
27
 minutes
Howdy Partners #4: Partner Recruitment
Article
|
3
 minutes
Nearbound Daily #083: A bigger magnet won't cut it
Video
|
45
 minutes
Nearbound Podcast #115: From Go-To-Market To Go-To-Network
Article
|
2
 minutes
Nearbound Daily #081: The promise of partnership automation
Video
|
44
 minutes
Neabound Marketing #29: The 5 Phases of Nearbound Marketing (& Why You Need to Start Now)
Article
|
2
 minutes
Nearbound Daily #079: Steal this nearbound partner play
Article
|
35
 minutes
Forrester Predicts Ecosystem to Replace Channel and More
Video
|
61
 minutes
Nearbound Podcast #114: Increase Partner Engagement & Grow Partner Pipeline by 26%
Article
|
2
 minutes
Nearbound Daily #077: Buy-in guaranteed
Article
|
6
 minutes
How Gainsight Leverages Partner Ecosystems to Supercharge Customer Success
Article
|
1
 minutes
Nearbound Weekend 06/03: The promise of partnerships
Video
|
44
 minutes
Nearbound Marketing #17: Forget Employee Advocacy (Do This Instead)
Article
|
2
 minutes
Nearbound Daily #075: Trust is the only way
Video
|
11
 minutes
Best Practices for Sourcing Ecosystem Qualified Leads | Connector Summit 2022
Article
|
5
 minutes
The Partner Experience Weekly: Finding Balance as a Creator (Pivot!)
Article
|
4
 minutes
Co-Sell Orchestration: The Ultimate RevOps Solution
Video
|
33
 minutes
Nearbound Sales #17: Beat Your Company's Drum
Video
|
43
 minutes
Nearbound Podcast #113: The Four Lenses of Measuring Partner Impact
Article
|
2
 minutes
Nearbound Daily #072: It's all about trust
Article
|
1
 minutes
Nearbound Weekend 05/27: Make better decisions
Video
|
21
 minutes
Howdy Partners #34: Realistic Priority Setting
Article
|
2
 minutes
Nearbound Daily #069: Partnerships ecosystem > your GTM strategy
Article
|
3
 minutes
The Partner Experience Weekly: How to Select an Account Mapping Solution
Article
|
2
 minutes
Nearbound Daily #068: Don't wait for permission
Video
|
56
 minutes
Nearbound Podcast #112: Unveiling the Secrets to Unbeatable Customer Retention and Win-Back Strategies
Article
|
2
 minutes
Nearbound Daily #066: Put your money on partnerships
Article
|
7
 minutes
How Fullstory Builds Their Tech Partnerships Program with Reveal’s Help to Increase Their Renewal Rate by 14%
Video
|
33
 minutes
Nearbound Marketing #15: New LinkedIn Ad Feature That Changes the Game (for Marketing with Employees)
Article
|
4
 minutes
The what, why, and how of B2B SaaS tech partnerships: Part 1
Article
|
2
 minutes
Nearbound Daily #064: Retention is the new acquisition
Video
|
26
 minutes
Nearbound Sales #15: Get Warm Intros Every Time
Article
|
3
 minutes
The Partner Experience Weekly: Drop the CRM
Video
|
45
 minutes
Nearbound Podcast #111: The Chaos Quotient
Video
|
37
 minutes
Nearbound Marketing #14: The Total Account Checklist (& Why You Need One)
Article
|
3
 minutes
Nearbound Daily #060: Get tribal
Article
|
7
 minutes
How to make agencies and tech partnerships work
Video
|
32
 minutes
Nearbound Sales #14: How To Earn the Right To Their Attention
Article
|
5
 minutes
The Partner Experience Weekly: Getting Started with Partner Experience
Article
|
6
 minutes
Transforming Informal Channel Relationships Into Strategic Alliances
Article
|
7
 minutes
Promises Made, Promises Kept: How One VP Enhanced Sendoso's Partner Program
Video
|
45
 minutes
Nearbound Marketing #13: 5 Steps to Webinars that Don't Suck
Article
|
5
 minutes
Partner Teams Need Better Positioning - Introducing Co-Selling Teams
Article
|
7
 minutes
Looking for GoToEco Hidden Gems
Video
|
29
 minutes
Howdy Partners #32: Measure What Matters: How To Create Alignment Internally
Video
|
4
 minutes
Alessandra Andrenacci: Programmatic Partner Distribution - Leveraging Verticalized Partner Programs | Supernode 2023
Video
|
33
 minutes
Nearbound Sales #13: 10 Years of Driving Growth Through Partnerships
Video
|
43
 minutes
Nearbound Marketing #12: The YouTube Strategy that Actually Works in B2B
Article
|
3
 minutes
Partnerships are Transforming the Auto Industry
Article
|
47
 minutes
Leveraging Ecosystem Clusters to Drive Many:Many Reciprocal Co-Sell
Video
|
48
 minutes
Nearbound Podcast #108: How To Get Fired as a Partner Manager with Jared & Isaac
Article
|
2
 minutes
Getting Dedicated Dev Resources for Integrations is Possible. Here’s How.
Article
|
3
 minutes
Nearbound Daily #046: The partner moment has arrived
Video
|
34
 minutes
Nearbound Marketing #11: How Strategic Advisors Help You Live In Market
Video
|
34
 minutes
Howdy Partners #30: Can ChatGPT Replace Us Partnership Folks?
Article
|
3
 minutes
Nearbound Daily #044: Keep your head up
Article
|
4
 minutes
Harness Your Sales Reps as Channel Managers
Video
|
32
 minutes
Nearbound Sales #11: Want To Stand Out From The Crowd Of Sellers?
Article
|
7
 minutes
How to use Reveal for Co-marketing Events
Article
|
2
 minutes
Nearbound Daily #041: Don't Be Normal
Video
|
30
 minutes
Nearbound Marketing #10: 6 Do's & Don'ts of Partner Marketing You Can't Ignore
Article
|
1
 minutes
Did AI Just Kill SEO?
Video
|
3
 minutes
Brian Jambor: Building a Partner Program From Zero | Supernode 2022
Article
|
4
 minutes
Prove the Value of Your Channel Program Using 7 Critical Metrics
Video
|
20
 minutes
Nearbound Sales #10: Close More Deals With The Secret Partner Sauce
Article
|
4
 minutes
Nearbound Daily #038: Measure What Matters
Article
|
2
 minutes
"The End is Near" For 3rd-Party Data Says Scott Brinker
Article
|
1
 minutes
Weak Economy Equals Nearbound Opportunity says Bain Executive
Article
|
4
 minutes
Nearbound Daily #037: Better Than a Cold Email
Article
|
3
 minutes
Nearbound Daily #036: What Stops Referrals from Scaling?
Video
|
32
 minutes
Nearbound Marketing #9: How to Leverage the Weirdos on Your Partnerships Team
Video
|
40
 minutes
Nearbound Podcast #105: Mastering Partnerships Skills Through AI
Article
|
5
 minutes
The Partnering Reference Architecture: Managing Your CRM
Article
|
2
 minutes
Nearbound Daily #034: Give Value First
Article
|
21
 minutes
Howdy Partners #3: Ideal partner profile (IPP)
Article
|
7
 minutes
Building a Partner-First Mindset in Your Organization
Video
|
30
 minutes
Nearbound Sales #9: How to De-Risk Your Investment In Partnerships
Article
|
6
 minutes
The Big Bet: Why 23% of Companies are All In on Co-Selling
Article
|
4
 minutes
Nearbound Daily #033: 12 Rules for Partner Pros
Article
|
3
 minutes
Nearbound Daily #032: Use Partnerships to Turn On Easy Mode
Article
|
2
 minutes
Nearbound Weekend 04/01: AI Changes Things (or does it?)
Video
|
26
 minutes
Nearbound Marketing #8: The 7-State Jeep Tour That was Partner-Powered
Article
|
2
 minutes
Nearbound Daily #030: The keys to unlock your partner program
Article
|
2
 minutes
Nearbound Daily #029: Build a nearbound motion
Video
|
29
 minutes
Nearbound Sales #8: The Best Analogy In Partnerships
Video
|
36
 minutes
Nearbound Podcast #104: When Sales and Partnerships Partner Up
Article
|
3
 minutes
Nearbound Daily #025: The partner motion never stops
Video
|
25
 minutes
Howdy Partners #27: Engaging Internally with Marketing - How to Help Them Do More With Less and Win Together
Article
|
11
 minutes
A Lack of GTM Support for ELG Could Cost You Millions in Revenue
Article
|
4
 minutes
A Partnership Made in Heaven (well, space anyway)
NU - Trends
Mindmatrix: A Deeply Human Approach to an Increasingly Complex World
by
Multiple Contributors
SHARE THIS

Mindmatrix champions a human-focused approach in the tech world, emphasizing genuine service and understanding in the evolving partner ecosystem.

by
Multiple Contributors
SHARE THIS

In this article

Join the movement

Subscribe to ELG Insider to get the latest content delivered to your inbox weekly.

The warm towel calms your eyes as it’s draped over your face. You breathe deeply, relaxed. A kind voice asks if you’d like another cold drink, a pillow, or some reading material.


Despite arriving at the airport just ten minutes earlier, you parked, got to your gate, walked through with your luggage which was carefully stowed by a helpful employee, and sat down on the plane to await takeoff.


That was fifty years ago. What happened?


Technology has progressed.


Today you’ve got WiFi, online booking, multiple apps for checking your status, Uber for pickup and drop-off, updated airports, more flights, and more options.


You’ve also got less leg room. Hours instead of minutes in line. Arbitrary limits on the size of the shampoo bottle in your toiletries bag. Constant cancellations, lost baggage, and a Kafkaesque labyrinth of robotic phone and internet operators to navigate if you have any kind of problem.


Worse, nobody seems to care.


Is the world falling apart?

It’s not just the airline industry. And it’s not just across decades. It happened in just a few years.


Stop for a second and ask yourself how the world feels today versus 2020.


Things are changing faster than ever. Everything is getting stranger and more complex. Simple problems, simple narratives, simple tools, and simple solutions don’t seem to cut it.


Everything is more complex and everyone seems to care less.


Technology is accelerating, but it’s also falling apart. It seems to work less and less predictably.


How often do your apps break? How often do you find a truly helpful person who knows what they’re doing and takes pride in solving problems? 


Not to mention, the amount of time it takes to get help when you need it. Talk to a bot, wait on hold, schedule a meeting next week, and if you truly want help, prepare to fork up even more dough for services just to get the initial value out of the thing you paid for! 


Maddening.


Despite great advances in technology and information, they have to be paired with a desire to make them work for us. They aren’t magic by themselves. They need focused people, intent on turning them into something usable, beautiful, and helpful.


Like a garden or orchard, technology untended by thoughtful human care won’t stop growing, but it will stop being useful.


The interconnected world compounds complexity

Today’s enterprises are faced with an increasingly interconnected web of relationships, technology, and change. Channel programs are facing the compounding effects of this complexity because it’s not only their own business trying to adapt, it’s all of their partners too. 


Partner Relationship Management (PRM) and partner portals have long been the tech foundation for orchestrating channel programs and partners. While powerful, implementations take time and customizations are paid features and services. Unfortunately, by the time a portal launches and hits an ecosystem, it’s already out of date.


And channel programs are left chasing updates on their own or paying, yet again, for more services and waiting longer only to arrive back where they started:

  • A portal that needs to be changed, again
  • More features or customizations that need to be bought, again.
  • Services that need to be paid for, again
  • Partners that need to be updated and trained, again. 


And the worst part, as enterprises work relentlessly to pull off this complexity, their portal vendors don’t seem willing to help as their partner engagement declines and channel fatigue sets in. 


Every partner is different. Every channel is increasingly complex.


And yet the technology isn’t served that way. 


Making channel and partner ecosystem technology work for each partner feels increasingly like air travel. 


No one seems to be listening to how bad the experience has become. Instead of helping build and navigate the complexity, technology and the service behind it try to “simplify,” the experience. 


Sure, simple is great. But simple isn’t a solution. Today, the simple solutions simply don’t work.


Innovation must be customer-led and human-enabled

Everything in this business comes from how I see the world. It’s not about making money, it’s about making a difference. It’s not what you’ve done with your quarterly earnings report, it’s what you’ve done with your life. It takes a long-term commitment to care and doing things right. – Harbinder Khera


Complexity requires care. Mindmatrix is obsessed with bringing it to the world of partner relationship management.


Mindmatrix has been growing for 25 years. They were building solutions for partner ecosystems long before it was a buzzword.


They serve some of the biggest logos in tech. The reason they have grown and earned the trust of these companies is because they focus relentlessly on the very things most tech companies ignore. Service. Care. Working with the complexity of technology and business problems to ensure innovation and growth go hand in hand.


Mindmatrix, a fully profitable bootstrapped company from day one, is an interesting contrast to the tech scene of the last decade, which is largely venture-backed. Both are innovative, but the difference between the customer-led innovation of Mindmatrix and the venture-led innovation of most tech companies is stark.


Customer-led innovation starts with empathy. Knowing and feeling the customer’s pain, and innovating to address it. Venture-led innovation starts with spreadsheets. Figuring out where to get the quickest return for solving the smallest problem.


Pitchbook estimates that since 2011, over 40,000 venture-backed tech companies have been founded in the U.S. alone. More than three-quarters of them failed to return money to investors - which means they failed to create enough value for customers to justify the cost of doing business.

There have been many huge successes, and the VC model is intentionally high-risk. But it has also warped the perception of founders, executives, and employees. The focus on instant scalability has created a culture of “thin” solutions, trying to handle the narrowest slice of a problem, and offering as little support as they can get away with.


Few tech companies are willing to get into the trenches with customers, solve complex problems on a human level, or build for the long term.

Mindmatrix has zigged while everyone else zagged. They provide unlimited support to all of their customers - one of the most radical, customer-centric things a tech company can do.


But it’s been part of their DNA from the beginning and the secret to their success.


We don’t see service as a revenue stream, but a foundation of the company and product. – Vaughn Mordecai


Complexity requires care

The world of channel sales and marketing is complex – it’s the nature of all ecosystems. Channel, tech partners, affiliates, agencies, aligning indirect sales with direct sales teams, attribution, payments - there are too many moving parts to count.


As data sharing and open APIs have grown, so has the complexity. Partner Relationship Management (PRM) software like Mindmatrix does not solve a simple problem. It coordinates and harmonizes dozens of complex problems into something usable by humans. Scalable, controllable, and valuable.


Too many solutions attempt to oversimplify and ignore big chunks of the problems, or the service required to solve them. It’s not simplicity that’s needed as much as care in navigating the complexity.


It’s a complex world with complex problems. You don’t need simple solutions, you need good solutions — and real service. You can’t strip everything down to the least common denominator and still expect world-class outcomes.


What does it look like to not walk away from the complexity, the data, the connectivity. But to make sense of it?


Restoring the wonder with order from chaos

When the pace of change is accelerating and tech gets messier as it grows, it’s tempting to metaphorically (or literally) retreat into the woods.


But humans aren’t made to stagnate. Tech progress, information expansion, connectivity, and automation are deeply human. The tools we use to manage and work with this world are also deeply human when properly wielded. They are wonderful servants but terrible masters.


The magic isn’t in the tools themselves; it’s in the outcomes.


Mindmatrix brings chaotic tech complexity into order humans can take charge of. The combination of the mind (people) and the matrix (complexity and data) to create value is where the magic happens.


Anything that’s alive is complex. Humans are complex. Relationships and networks are complex. To win, you have to work with them, not against them.


Voicemaker.in.

You’ll also be interested in these

Article
|
10
 minutes
Article
|
10
 minutes
Key takeaways: The 2023 state of partner-led growth report
Article
|
10
 minutes