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Measure Alliance Performance

Peter Simoons

I am publishing my ebook “25 tips for successful Partnerships and Alliances” in parts here on my website. Every other week a tip from the book will be shared, in the weeks in between I will publish my regular column. Tip 25: Measure Alliance Performance on Leading Indicators.

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Avoid Hidden Agendas

Peter Simoons

I am publishing my ebook “25 tips for successful Partnerships and Alliances” in parts here on my website. Every other week a tip from the book will be shared, in the weeks in between I will publish my regular column. Hidden agendas are trustbusters – they destroy whatever trust and goodwill you have built with your partner.

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Build and Maintain Trust

Peter Simoons

In the article “Leadership and the structure of trust,” first published in the May-June 2011 issue of The European Business Review , authors Paul Lawrence and Robert Porter Lynch discuss the four innate drives that every individual is influenced by: The drive to acquire. Tip 20: Build and Maintain Trust.

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Measure and Evaluate Alliance Performance

Peter Simoons

Tip 24: Measure and Evaluate Alliance Performance. An airplane is off its course most of the time. Wind, turbulence and air traffic are all factors why an airplane can’t fly in a straight line from Airport A to Airport B. Yet it arrives at its destination thanks to constant corrections along the way. Kaplan, David P.

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Internal Strategic Alliance Definition

Peter Simoons

I am publishing my ebook “25 tips for successful Partnerships and Alliances” in parts here on my website. Part of the art of clear communication is using terms that you and your partner, in theory, both understand and have a clear definition of. Unfortunately, the world is not that simple. The same applies to the in-company use of terms.

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Be Flexible in Transitioning the Partnership

Peter Simoons

Change happens whether we like it or not, and we have to brace ourselves to embrace that change in order to move forward. Partnerships are started with an intention and with a scope based on what you know and based on your organization’s strategy at the time of creation. This flexibility is essential.

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Understand the Cultural Differences

Peter Simoons

I am publishing my ebook “25 tips for successful Partnerships and Alliances” in parts here on my website. Every other week a tip from the book will be shared, in the weeks in between I will publish my regular column. One person may be messy, while the other is fastidious to a fault.