article thumbnail

Alliance Failure and Alliance Success: The 80% Rule

Peter Simoons

Conversely, companies that approach alliances in an impromptu manner report a mere 20% success rate. Causes of Alliance Failure Alliances falter due to a range of reasons, including: Insufficient communication. Causes of Alliance Failure Alliances falter due to a range of reasons, including: Insufficient communication.

article thumbnail

Prepare Your Partnership by Following a Structured Alliance Process

Peter Simoons

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Effectively Manage Strategic Partnerships

Aepiphanni

There can be strength in numbers, and successful business partnerships and strategic alliances 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? Constant communication and clear expectations.

article thumbnail

Leadership in Accounting: 30 Key thought leaders in the accounting industry

Jake Jorgovan

Jennifer Warawa Business website: QuickFee Social media profiles: LinkedIn , Twitter , Facebook Follow for: Tech and partnering in accounting. Jennifer Warawa is a tech leader who knows a lot about working with partners, selling, marketing products, and making strategic alliances. federal government.

article thumbnail

The Top 22 IT Channel Partners of 2022

Channel Insider

For the best IT channel partners in 2022, organizations with extensive consulting or enterprise IT experience continue to be in the best position to bridge the gap between IT vendors and business clients. Several top picks leverage their existing business partnerships to offer the latest digital solutions to organizations around the world.

article thumbnail

25 Tips for Successful Partnerships & Alliances

Peter Simoons

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. The alliance lifecycle.