verb | TACK | \ˈtak\
To actively choose a direction or change of course
noun | 10 | \ˈten\
Value attributed to the highest level of performance
noun | STRATEGY | \ˈstrat·e·jē\
Plan of action designed to achieve overall objectives
TACK10 is an award-winning professional consultancy focused on leveraging the nine core value drivers of strategic partnership with and for our clients to deliver measurable results against a broad range of business and marketing objectives. The framework for engagement follows our proprietary five pillar methodology and leverages our suite of customized tools, services and training. As a for profit business, TACK10 believes it is our role to have a positive impact in the communities in which we operate. In 2017, TACK10 made the bold decision to become a Certified “B” Corporation. The ethos of this manifests through a commitment to:
People | Purpose | Profit
Annually TACK10 invests 5% of the previous year’s total revenue in providing complimentary services to organizations who themselves are having a positive social, environmental and economic impact in the communities in which they operate.
“The long-term sustainability and success of every organization is becoming increasingly reliant on Strategic Partnerships. Organizations are under increasing pressure to do more with fewer resources and to grow in order to remain competitive. Going it alone is no longer an option in this ultra competitive marketplace. It is only through Strategic Partnerships with shared benefit and shared risk that organizations will have long term, sustainable success.”
James Chalmers, Group President and CEO
What We Do
TACK10 works with and for our clients to leverage the nine core value drivers of strategic partnership. Beyond traditional partnerships, a strategic partnership is an agreement between two or more organizations to create shared benefit and shared risk of equal or similar value within a defined framework which is actively measured and managed to deliver against a minimum of three core value drivers. The purpose of entering into such agreements is that alone, an organization’s potential is limited by its internal constraints. Leveraging the key value drivers of strategic partnerships, organizations dramatically reduce or eliminate these constraints. What we refer to as above the line core value drivers deliver direct financial benefit while below the line core value drivers strengthen the organization which leads to incremental revenue growth from an organization’s core operating activities. Key value drivers of strategic partnerships include:
Advertising / Sponsorship Revenue
Authority / Credibility / Trust
Communication / Narrative
“Strategic Partnerships go beyond advertising, sponsorship and traditional Public – Private Partnerships. This is done within a defined framework which is actively managed and measured to deliver against a minimum of three core value drivers. The purpose of entering into these agreements is that alone, an organization’s potential is limited by its internal constraints. Leveraging the core value drivers of Strategic Partnerships, organizations dramatically reduce or eliminate these constraints.”
Laura Richard, EVP and Partner
Our proprietary methodology builds on our founding partners’ extensive industry experience, with emphasis on their time in the product engineering and professional services sectors. It takes subjective Human Centered Design combined with objective Design Thinking and overlays those ideologies on a process that has proven itself to consistently deliver unparalleled measurable results against our clients’ organizational objectives.
“In today’s cluttered environment, creating meaningful customer relationships requires the delivery of real and tangible value. Strategic partnerships enable organizations to connect with their target audience by solving for a pain point or creating a moment of delight.”
Zana Petric, Manager – Strategy
The Company We Keep
It has been a busy two weeks since TACK10’s EVP & Partner Laura Richard returned from the Canadian Association of Urban Transit Annual Conference in Calgary where strategic partnerships were a dominant subject. As a natural follow up from the piece we wrote about...
With today’s Federal election in Canada, there is talk around dinner tables across the country about Privatization and Public Private Partnerships (#P3s) for the delivery of essential services and infrastructure development. This is of significant interest to our...
A strategic partnership is defined as an agreement between two or more organizations to create shared benefit of equal or similar value. An organization’s potential is limited by its internal constraints. The purpose of entering into such strategic partnership...