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There can be strength in numbers, and successful business partnerships and strategicalliances are a testament to this. Studies show that corporate alliances increase by 25% every year, but what makes such a venture attractive in the first place? A business partnership can be fragile, and it needs conscious cultivating.
A manufacturing company utilizes CPQ to manage the pricing of complex products with multiple configurations and options. By analyzing this data, the healthcare company can make more informed decisions about its partnership strategy, identifying areas for improvement and opportunities for growth.
If your company could use more clarity, focus, and alignment in operating its partnership program, invest the time to create an OPP. Risk Mitigation: By sharing risks and responsibilities, partnerships can help organizations mitigate risks and uncertainties associated with new ventures and initiatives.
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