Ensuring the Health of Your Business Partnerships
McKinsey & Company
JANUARY 25, 2021
Regular partnership check-ins are essential to make sure that, like any relationship, both sides are getting what they need.
Business partnerships Related Topics 
Ways to Build Mutually Beneficial Business Partnerships
CenterPoint Group
MAY 15, 2020
It’s probably the last thing on any business’s agenda to forge new business partnerships right now. These are uncertain times.
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Alliance Failure and Alliance Success: The 80% Rule
Peter Simoons
SEPTEMBER 10, 2023
This is what I term, the 80% rule: 80% of ad hoc unstructured business partnerships and strategic alliances fail, while contrariwise, 80% of the companies that follow a structured approach establish prosperous business partnerships and strategic alliances.
How to Plan, Manage, and Measure Strong Channel Business Partnerships
Successful Channels
DECEMBER 31, 2019
The thesis of this article is that there are a set of universal characteristics to build deeper and longer-lasting channel business partnerships that can identified and codified. This blog attempts to take that one step further by defining how to apply these commitment development practices to your channel strategy and program.
Trust Arrives on Foot, but Leaves on Horseback
Peter Simoons
JULY 2, 2023
These three elements are crucial for establishing and maintaining a healthy and dependable level of trust in strategic alliances and business partnerships. If circumstances arise that prevent you from fulfilling a promise, communicate the reasons promptly and effectively.
25 Tips for Successful Partnerships & Alliances
Peter Simoons
DECEMBER 9, 2020
Introduction to Successful Partnerships & Alliances. Many of the innovations that changed the way we live today are the result of successful business partnerships. The partnership of Steve Jobs and Steve Wozniak, for example, gave us the Mac, the iPod and the iPhone. Some work while some don’t.
Qualities of a Powerful Partnership
Powerlinx
JUNE 16, 2021
Business collaborations entail a merging of and collaboration between disparate teams from the partners, a process that demands a high level of confidence in personnel. Given the complex nature of partnerships, trust is an integral factor in the initiation and continuation of all great business partnerships. Transparency.
Prepare Your Partnership by Following a Structured Alliance Process
Peter Simoons
JULY 12, 2021
Remember how we mentioned earlier, that you need to be in the winning side of the 80% rule if you want your partnership to succeed? The fact is 80% of ad hoc unstructured business partnerships fail, while 80% of the companies that follow a structured alliance process towards creating partnerships emerge successful.
David and Goliath Relationships
Peter Simoons
NOVEMBER 21, 2021
Respect, negotiating from a “we” perspective and looking for mutual benefits are essential building blocks in making partnerships successful. Is your company enabling you to build and maintain truly collaborative business partnerships? How about you, what is your experience? Check out this link for more information.
How Johnson & Johnson transformed its corporate business-technology operating model
McKinsey & Company
JULY 19, 2021
Johnson & Johnson remodeled its technology–business partnership to elevate the employee experience.
How to Effectively Manage Strategic Partnerships
Aepiphanni
NOVEMBER 24, 2020
There can be strength in numbers, and successful business partnerships and strategic alliances are a testament to this. The same study reveals that alliances account for nearly a third of a business’ revenue and value.
Understand the Cultural Differences
Peter Simoons
APRIL 19, 2021
The same is true with building business partnerships. When establishing a partnership with another company, you are bringing two different cultures together. These are the kind of cultures that are not primarily driven by geography, but simply by “the way we do things around here.”
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Building Trust: The Building Block of Partnerships (Part 1)
PartnerTap
NOVEMBER 2, 2020
Remember business partnerships that have taken years to build can fall apart with one action that breaks trust. Follow us on LinkedIn to get new insights into strategic alliances, partnerships, and ecosystem success. Without it, you will lose your footing and your reputation.
Get intimate this Valentine’s Day with our top travel couple influencers
Impact
FEBRUARY 9, 2021
Take notes from these enduring couples and apply them to your business partnerships. Whether you’re single, coupled, or “thrupled,” there’s always an opportunity to strengthen your business partnerships. Sandy and Vyjay: India based couple, travel, culture, luxury.
How to Partner With Other Companies to Grow Your Business
B Plans
JUNE 21, 2021
How do you get a business partnership? Check out some of the conventional and innovative partnership options that have worked for other businesses. Secondly, you can save money on advertising by sharing online and offline marketing costs for tandem projects. Of course, being open to partnering is one thing.
A drop in the ocean
Stellar Partnerships
JUNE 19, 2022
I know that mentioning my holiday will test the business partnership as Sharon holds the fort in her thermal onesie. It’s 12C and raining in Melbourne and I’m feeling smug about having booked my first holiday to QLD in years. But staring out from the beach has reminded me of Blue Ocean Strategy.
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Why collaboration is critical to the resilience of the channel.
Compare The Cloud
DECEMBER 31, 2020
One positive effect of the current pandemic crises has been a renewed commitment to business partnerships. This will also encourage other teams to be more efficient in their role, again guaranteeing a more resilient channel. Take advantage of the skills an outside source can offer.
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246 How to Effectively Manage Strategic Partnerships
Aepiphanni
NOVEMBER 24, 2020
There can be strength in numbers, and successful business partnerships and strategic alliances are a testament to this. The same study reveals that alliances account for nearly a third of a business’ revenue and value. A business partnership can be fragile, and it needs conscious cultivating.
Know Your Initial Reason for Entering into a Partnership
Peter Simoons
JANUARY 12, 2021
The same principle applies with business partnerships and alliances. You have to figure out what your reason for entering the partnership in the first place before you actually sit down for your first meeting with your potential partner.
Slowing down to speed up your results
Stellar Partnerships
OCTOBER 19, 2020
As a busy partnership manager time is against you. If you know me well, then you’d know that my natural tendency is to just get on with things, aka wing it. Not because I’m lazy, but I’m just trying to squeeze too much into the day. Sound familiar? It’s a constant battle being a doer who just gets on with things.
My Favorite 2014 Trend is Boomer-Millenial Partnerships
B Plans
DECEMBER 18, 2013
And I just read his Top 10 Small Business Trends for 2014 and once again, it’s great food for thought. Boomer/Millennial Business Partnerships : Growing numbers of baby boomers and millennials are teaming up to start and run small businesses. My personal favorite this year is this: 8.
How decreased venture capital raising may impact your business
Powerlinx
AUGUST 15, 2022
The third alternative — ideal for startups that can’t afford to invest a lot of sweat equity or don’t want to spend countless hours pitching to skeptical investors — is to find the right strategic business partnerships.
Discovering The Right Partnerships with Sales Insights
CoSell
DECEMBER 31, 2020
Managing expectations while working with different businesses, charities, and organizations require ongoing agility, flexibility, and communication. Work for a Win-Win A business partnership can provide tremendous benefits to all involved. You can simplify life for your customers, your team, and your partner’s team.
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Impact Acquires Affluent to Power Agency Managed Partnership Programs at Scale
Impact
APRIL 6, 2021
Impact accelerates enterprise growth by automating the full partnership life cycle, including discovery, recruitment, contracting, engagement, fraud protection, optimization, and payment processing for business partnerships of all types.
Here’s Why Your Business Needs to Focus on Building Better Relationships
Dinkel Business Development
JANUARY 26, 2022
Building relationships involves taking the time to gain an understanding of what your contacts' business does, who they want to meet, and their ultimate goals. These deep relationships are critical in business because they lead to referrals, new business, partnerships, and other opportunities you wouldn’t otherwise have access to.
Here’s Why Your Business Needs to Focus on Building Better Relationships
Dinkel Business Development
JANUARY 26, 2022
Building relationships involves taking the time to gain an understanding of what your contacts' business does, who they want to meet, and their ultimate goals. These deep relationships are critical in business because they lead to referrals, new business, partnerships, and other opportunities you wouldn’t otherwise have access to.
NETWORKING BEST PICKS - NOVEMBER EDITION 1.0 - DECEMBER EVENTS
Dinkel Business Development
NOVEMBER 15, 2018
Celebrating their 35th anniversary to support local wishes and enjoy a taste of Maryland Wednesday, December 5 Greater Baltimore Committee Mayor's Business Recognition Awards Luncheon 11:30am - 1:30pm Renaissance Baltimore Harborplace Hotel WHY? This annual event draws a great crowd of distinguished executives and honorees.
Finding Business Partners: A Strategic Investment
Powerlinx
NOVEMBER 21, 2020
Leverage strength and knowledge when finding business partners. Investing in the right business partnership alliance can also enable both parties to benefit from each other’s shared strengths and knowledge.
Are You and Your Business Partner on the Same Page?
B Plans
JUNE 10, 2014
While there are workarounds for some disagreements, differences in how much money each partner wants to get out of the business will more often than not spell the end of the business partnership.
ForzaDash Highlights Services, Celebrates 10th Anniversary of CWDash
ForzaDash
NOVEMBER 8, 2020
With in-depth knowledge and experience in the industry, it made clear its position as an MSP community that enables business growth. . ForzaDash is an MSP community dedicated to providing a venue where MSPs and IT vendors can connect for business partnerships. About ForzaDash.
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How partnerships fuel revenue growth during economic uncertainty
Impact
MARCH 9, 2023
Strong partnerships are the best way to grow your business. These studies show that it’s not about avoiding economic downturns, but embracing the opportunity to refine your processes, understand your customers, and expand your reach.
How understanding my Unique Ability changed my life
Jake Jorgovan
FEBRUARY 11, 2020
I worked in isolation After having my first business partnership crumble (largely due to my own ego), I entered into a period of life where I worked alone. This was a huge mental barrier that took me time to get over. I had to eventually realize that there were many people better at doing the work than myself. And that is ok.
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Finding Business Partners: A Strategic Investment
Powerlinx
NOVEMBER 23, 2020
Leverage strength and knowledge when finding business partners. Investing in the right business partnership alliance can also enable both parties to benefit from each other’s shared strengths and knowledge.
What to Look For in a Business Partner
B Plans
MAY 15, 2014
The lessons of a business partnership test-run. The problem is that this is harder to do than it sounds. As an entrepreneur raised in the era of analytics, I want to find metrics for everything. But how do you measure (and prove) a gut feeling?
The outbound industry is evolving. and what to do about it
Jake Jorgovan
APRIL 14, 2020
These could turn into business partnerships, revenue shares, commission structures. At Lead Cookie, we are entertaining the idea of partnering with select companies who we believe we can bring tremendous value to and earn more on a performance basis.
Distribution Channels – Strategies, Steps, and Tips for IT Vendors
ForzaDash
APRIL 26, 2021
Your potential channel partner should see and be convinced that this partnership is the best for them. Establish your service and reporting requirements as well as your business goals. Train your MSP partner and make them feel that they are an essential part of the business partnership. Final Thought.
What Is PRM Software and How Can It Help Your Business?
Magnetrix
DECEMBER 28, 2020
This, in turn, can keep your partners satisfied and productive, which can help you grow your business partnerships. They can also start optimizing —or fully automating— essential tasks like education, and lead registration. Therefore, it enables partner managers to achieve more in less time. What does a PRM software do?
How Partnerships Deliver Brand Advocacy in a Way Marketing Can’t
Impact
SEPTEMBER 17, 2021
This kind of strategic business-to-business partnership helps both companies. Brands in pursuit of advocacy may find it advantageous to partner with brands that have accrued a great deal of brand equity and built goodwill and trusted relationships with their customers.
How A Partnering Agreement Boosts Trust Among Channel Partners
ForzaDash
AUGUST 24, 2020
Partner agreement refers to the written agreement citing the regulating terms of the operation initiated before the start of a partnership. Partnering Agreement, Defined.
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An Artisan Milk Company Expands through the Northeast
Powerlinx
JANUARY 6, 2022
OMilk is an artisan milk company based in Brooklyn, New York that needed to find a bottle supplier to help them expand nationally. OMilk founders Greg and Julie Van Ullen found their ideal supplier in an unexpected place. Julie Van Ullen started making cashew milk as a healthy snack before her wedding.
Growing your Business through partnerships
Powerlinx
JANUARY 6, 2022
For many small businesses, their small size is a crucial advantage. But what do you do when your business needs are beyond your size? Outsourcing & focusing on core competencies. Small teams are able to move quickly and responsive to changing market trends.
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5 ways to become a prospect magnet
Remarkable Partnerships
JANUARY 17, 2023
In tough economic times it is vital that we focus on securing new corporate partnerships. You can increase your chances of success by making your charity more attractive to companies, so here are five ways you can become a prospect magnet.
Not just verified, D&B Verified
Powerlinx
AUGUST 15, 2022
We are thrilled to announce that we now have access to business verification via D-U-N-S Number (Data Universal Numbering System) through our partnership with CIAL Dun & Bradstreet and Dun & Bradstreet Israel to continue improving B2B interactions and further position ourselves as the trustworthy platform for companies to engage in business (..)
5 ways to take your pitch to the next level
Remarkable Partnerships
JULY 5, 2022
As Daniel Priestley says – “you get what you pitch for, and you’re always pitching.”. We love this approach. Pitching is a compelling way to inform or persuade others and it is part of our natural conversation. We pitch our ideas and thoughts to other people daily.?
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