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Post by account_disabled on Nov 23, 2023 11:01:02 GMT
For example, access to new technological, financial or knowledge resources, entering new markets, reducing costs, improving overall profitability. It is a manifestation of coopetition , which we have already mentioned. How to establish a strategic alliance First, consider whether a strategic partnership is really necessary to meet the customer's needs Are there any entities in your environment with whom you could establish this type of cooperation If so, you can start the process of creating a strategic alliance. Stages of creating a strategic alliance The procedure for establishing this type of alliance can be presented in the following steps: Developing a strategy First of all, you should precisely define what you want to achieve by concluding an alliance and what types of problems it is supposed to solve It is extremely important photo editing servies that the intentions of future partners are consistent with each other and with their individual missions. The wrong tactic is to look for an ally that suits us first, without analyzing his values or business goals. Starting a project must be initiated by the management and all decision-makers in the company. Selection of partners The search for partners should be based on a previously developed strategy. What does it mean It is worth establishing certain requirements that must be met by potential partners. Companies should share common values and have identical organizational cultures. Any "common points" increase the chance of achieving success, while strategic gaps should be eliminated. Additionally, cycle the selected entity is in - organizations that are similar.
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