Businesses may form many alliances for a variety of reasons. They often find themselves managing a number of them. Alliances contribute to the value of the firm, but not all alliances are strategic alliances. Companies manage true strategic alliances differently than others. Continue reading
Rapid advancements in technology have changed the way strategic alliances are born, managed, and terminate. This inevitable evolution has led to valuable alliance-based benefits, such as streamlined and time-efficient processes, more opportunities for growth in individual businesses and their joint market, and the ability to increase customer relations. It is also important to understand the history behind these alliances. Oftentimes, an old process can lend invaluable balance to its evolved counterpart. Continue reading
You have a great product or service to offer. You have a strong dedicated team supporting your business. You have clients and customers for whom you create value. As your business grows, Strategic Alliances with carefully selected, like-minded companies and individuals can be the gunpowder that ignites your business – taking it to new heights!
However, what is a strategic alliance, and how is it different from ordinary networking? Continue reading
How do you know who will be perfect business partner? There are many keys to determining whether your next partner is going to help you build an even more successful business, or tear down what you’ve already worked so hard to create!
Determining this for yourself can be difficult, but all good things require time and effort. This is where Alliance Management can help you. Continue reading