Types of Strategic Alliances

There are three types of strategic alliances: Joint Venture, Equity Strategic Alliance, and Non-equity Strategic Alliance. #1 Joint Venture A joint venture is established when the parent companies establish a new child company. For example, Company A and Company B (parent companies) can form a joint venture by creating Company C (child company). In addition, if Company A …

10 Ways To Ensure Successful Strategic Alliances

Businesses often work together on projects. “They realize they can’t do it all themselves,” said Nina Kaufman, an attorney, entrepreneur, host of the Cash Out BIG podcast, and professional speaker. Her company, Business Exponential, advises entrepreneurs about the ways they can get off the hamster wheel and run like a well-oiled machine. Her advice can …

The Five Factors of a Strategic Alliance

“Strategic” may be one of the most over-used words in business today. This observation is especially valid in the world of alliances, where managers must distinguish between those alliances that are merely conventional and those that are truly strategic. This author outlines the five factors that make an alliance “strategic.” As companies gain experience in …

The Ten Stages of Successful Strategic Alliances Paul Sanders (INSEAD MBA ΄06D), Director of Business Innovation, EMEA, Steelcase | February 28, 2019

Corporate partnerships resemble marriages in many respects – including an unfortunately high failure rate. The number of companies establishing strategic partnerships is growing all the time. According to Greve, Rowley and Shipilov, companies around the world formed nearly 42,000 alliances between 2002 and 2011. Steve Steinhilber cites a report claiming that more than 2,000 strategic alliances are launched …

Successful Strategic Alliances: Avoiding legal and accounting pitfalls

Alliances can be great for business, but putting safeguards in place to ensure intellectual property, valuable human resources and other proprietary considerations are secured in the event the relationship goes sour is of paramount importance. Establishing a strong foundation for your strategic alliance means choosing the right alliance partner, implementing an appropriate structure, defining appropriate measures of success and identifying …

Simple Rules for Making Alliances Work

It’s a remarkable paradox: Studies show that the number of corporate alliances increases by some 25% a year and that those alliances account for nearly a third of many companies’ revenue and value—yet the failure rate for alliances hovers between 60% and 70%. And despite an abundance of advice on how to make alliances work, …

The Five Factors of a Strategic Alliance

“Strategic” may be one of the most over-used words in business today. This observation is especially valid in the world of alliances, where managers must distinguish between those alliances that are merely conventional and those that are truly strategic. This author outlines the five factors that make an alliance “strategic.” As companies gain experience in …

Cancer foundation uses new app to navigate the cancer recovery process

Cancer foundation uses a new app to navigate the cancer recovery process By Molly McCarthy, the Contributing writer Cancer Resource Foundation Inc.’s Program Coordinator Christina McCarthy (left) and Chief Executive Officer and Co-Founder Mary Lou Woodford stand next to a poster for the 1SourceApp. (Photo/Molly McCarthy) Marlborough – The Cancer Resource Foundation Inc. (CRF) was …