29
Creating Corporate Relationships That Fit Laura S. Feldman, Children’s Hospital Association Elizabeth Weaver Engel, M.A., CAE, Spark Consulting, LLC #bridgeconf

Creating Corporate Relationships That Fit

Embed Size (px)

DESCRIPTION

Presentation by Elizabeth Engel and Laura Feldman for the 2012 Bridge Conference. Say NO to financial support?! In association fundraising, sometimes saying no to corporate funders is as important as saying yes to new revenue. But knowing how to determine when to say No is difficult when a company is offering your organization money, free stuff or both. Expert association fundraisers from the Children's Hospitals Association will share their guidelines, processes, and criteria for vetting corporate suitors to help you get to the happily ever after of corporate partnerships.

Citation preview

Page 1: Creating Corporate Relationships That Fit

Creating Corporate Relationships That Fit

Laura S. Feldman, Children’s Hospital AssociationElizabeth Weaver Engel, M.A., CAE, Spark Consulting,

LLC

#bridgeconf

Page 2: Creating Corporate Relationships That Fit

Your Therapists

#bridgeconf

CEO & Chief StrategistSpark Consulting, LLC@ewengel

Director, Corporate Alliances, Grants and Development Children’s Hospital Association@feldman1

Page 3: Creating Corporate Relationships That Fit

Setting the Stage

#bridgeconf

The Children’s Hospital Association advances child health through innovations in the quality, cost and delivery of care.

Founded 1968Over 220 member children’s hospitalsOver 20,000 active individual records

Page 4: Creating Corporate Relationships That Fit

Staffing

#bridgeconf

3%

Page 5: Creating Corporate Relationships That Fit

Revenue

#bridgeconf

5.4%

Page 6: Creating Corporate Relationships That Fit

Tailored relationships with national companies

Mission driven and philanthropic

Doing good while doing well

Overview Corporate Alliances

#bridgeconf

Page 7: Creating Corporate Relationships That Fit

Child and family centered

Promote a child’s positive experience

Enhance value for Association members

Overview Corporate Alliances

#bridgeconf

Page 8: Creating Corporate Relationships That Fit

Sponsorship

Meetings

Sales to hospitals

Vendors

Our Structure

Corporate Alliances

Mission oriented

Child centered

Play and fun

#bridgeconf

Page 9: Creating Corporate Relationships That Fit

Corporation

Access

Brand image

CSR

Benefits and Value Exchange

Association

New resources

Awareness

Brand development

#bridgeconf

Page 10: Creating Corporate Relationships That Fit

Guidelines

Checklist

Potential for growth

Added value to association members

Choosing Alliances

#bridgeconf

Page 11: Creating Corporate Relationships That Fit

In-Kind Product Donation

Cash Grants

Cause Marketing Opportunities

Joint Product Development

Licensing

Types of Corporate Alliances

#bridgeconf

Page 12: Creating Corporate Relationships That Fit

Our Story

#bridgeconf

Page 13: Creating Corporate Relationships That Fit

Company looking to go national with philanthropy

Revived Foundation 2004

Introduction by Mattel Children’s Hospital/ UCLA

Mattel and Association crafted programs together

#bridgeconf

Mattel, Inc.

Page 14: Creating Corporate Relationships That Fit

Mattel – Toy Program – 7 years

Perfect fit with PLAY and JOY

Good metrics

Value to members

Value to Mattel

#bridgeconf

Page 15: Creating Corporate Relationships That Fit

Mattel – Grant Support $ Expand type and

amount of support

Work with funder on matching priorities

Next great idea?

#bridgeconf

Page 16: Creating Corporate Relationships That Fit

Mattel – Lessons Learned

Leverage Relationships

Build Trust

Ensure Good Fit

Measure Impact

#bridgeconf

Page 17: Creating Corporate Relationships That Fit

American Girl Mattel facilitated

Shine on Now Campaign (2010)

Public Relations

$300K + doll donations

#bridgeconf

Page 18: Creating Corporate Relationships That Fit

American Girl

#bridgeconf

Page 19: Creating Corporate Relationships That Fit

American Girl – Lessons Learned

Recognize Good Brand

Creative Stewardship

Grow Relationship

Be Patient

#bridgeconf

Page 20: Creating Corporate Relationships That Fit

Activision - Blizzard Facilitated by Good

360

HR/ Employee Communications

Video game donation

Employee visits in operating locations

#bridgeconf

Page 21: Creating Corporate Relationships That Fit

Activision – Lessons Learned

Manage expectations

Time commitment?

Involve corporate side

Maintain contacts

#bridgeconf

Page 22: Creating Corporate Relationships That Fit

In the beginning, there was

In 2004, we got help from

In 2006, we created guidelines, thanks to

What’s the model?

Corporate Partnerships

#bridgeconf

Page 23: Creating Corporate Relationships That Fit

Revenue Growth

#bridgeconf

2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011.5 2012$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

Annual Revenue Growth 60%

Page 24: Creating Corporate Relationships That Fit

Partnership

Sponsorship

Exhibiting

Attendance

Advertising

Free options

Lead generation

Ladder of Engagement

#bridgeconf

Page 25: Creating Corporate Relationships That Fit

Q&A

#bridgeconf

Page 26: Creating Corporate Relationships That Fit

Exercise

#bridgeconf

Page 27: Creating Corporate Relationships That Fit

Leverage your relationships Build trust Be patient Manage expectations Treat it like what it is: a relationship (not a

transaction)◦ Ask for a date before you ask them to marry you◦ Has to meet the needs of both partners◦ Communication is key ◦ Don’t be afraid to pick up the phone!

Takeaways

#bridgeconf

Page 28: Creating Corporate Relationships That Fit

Don’t forget to visit the Solutions Showcase!

Many of the ideas discussed today are on display at the Solutions

Showcase!

#bridgeconf

Page 29: Creating Corporate Relationships That Fit

Laura S. FeldmanDirector, Corporate Alliances, Grants & DevelopmentChildren’s Hospital Association

e: [email protected] t: feldman1p: 703.797.6015

Keep in touch!

#bridgeconf

Elizabeth Weaver Engel, M.A., CAECEO & Chief StrategistSpark Consulting, LLC

e: [email protected] w: getmespark.com t: @ewengelli: www.linkedin.com/in/ewengel p: 202.468.3478