How to Use Strategic Alliances and Partnerships

Strategic Alliances Three Ways to Make Them Work

In Strategic Alliances, Steve Steinhilber proves that, despite the odds, alliances are critical to the business strategy for companies competing globally: customers want integrated solutions to their problems, and that’s pushing companies to work together to create differentiated offerings. Equally crucial, well-managed alliances generate important forms of business value, including new products and accelerated growth.

Source Amazon

Strategic Alliance Framework

Strategic Alliance Framework
  1. The right framework–by articulating how an alliance will help you achieve your company’s strategic business goals and identifying potential partners
  2. The right organization–by staffing your alliance organization with the right people and constantly honing their skills
  3. The right relationships–by cultivating trust among the many key internal contacts in your organization and your alliance partners

Seven Areas – Building Strategic Alliances

  1. Products
  2. Access
  3. Operations
  4. Technology
  5. Strategic Growth
  6. Organization
  7. Finance

What is your alliance and partnership strategy? What areas can you enhance and improve?

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