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Partnerships have become an indispensable part of modern business strategy, offering opportunities for growth, innovation, and market expansion. In today’s interconnected world, organizations must develop a clear and effective partnershipstrategy to capitalize on these opportunities.
Heres how to do it: Partnership due diligence. Verify partners’ data-handling practices, promotional strategies, and security measures to align with your business and legal standards. Also, check for conflicts of interest that could disrupt your sales channels or partnerships to avoid misalignment and potential risks.
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