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Internal Strategic Alliance Definition

Peter Simoons

Tip 18: Create an Internal Strategic Alliance Definition. For example, do you feel that a “joint venture” is a joint company with a separate legal entity that you and your partner established together and that you both have equity in? This unit was seeking support from the central strategic alliance department.

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Prepare Your Partnership by Following a Structured Alliance Process

Peter Simoons

Many large companies that have entered into successful alliances have documented their processes. The Association of Strategic Alliance Professionals ( ASAP ) captured the best practices of their members into a seven-step strategic alliance process.

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Trust or Control? “My CEO Wants a Joint Venture”

Peter Simoons

There is simply no need for the additional elements and costs of creating a joint venture using a separate legal entity. In your line of business, would you prefer a strategic alliance or a joint venture (and why)? PS: Did you know you can measure trust?

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25 Tips for Successful Partnerships & Alliances

Peter Simoons

I shall be elaborating these 25 elements as we go along, but for now, let’s get a few things about strategic alliances clear. In the first place, what does the phrase “strategic alliance” even mean? As per that definition, a strategic alliance is focused on long-term goals.

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Strengthening Membership Retention and Engagement: Leveraging Alliance Management in Industry Technology Alliances

ISTO / IEEE

Transparent Communication Channels: Establish open lines of communication between leadership and members, providing regular updates on organizational initiatives, strategic priorities, and opportunities for involvement.

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What is Alliance Management?

Peter Simoons

Later on, looking at my own website I learned, to my surprise, that in the 13 years of writing this column I have written about many aspects of Alliance Management, but never about the basic question of, “What is Alliance Management?” It is especially those differences that you’ll need to bridge during the lifecycle of the partnership.

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Partner Prospect: Crafting the Blueprint for Strategic Alliances

Mindmatrix

For instance, if a company identifies a weakness in its distribution network but spots opportunities in new markets, it may set objectives focused on expanding its reach through strategic alliances. The post Partner Prospect: Crafting the Blueprint for Strategic Alliances first appeared on The channel and sales enablement blog.