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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.

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Trust Arrives on Foot, but Leaves on Horseback

Peter Simoons

Trust is a vital component of any relationship, although it holds greater significance in strategic alliances compared to transactional relationships. Without mutual trust, it is very difficult to foster a successful strategic alliance. How Can You Build Trust?

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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.

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Building Trust: The Building Block of Partnerships (Part 1)

PartnerTap

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.

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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?

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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.

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Partnerships Model: Fostering Success through a Unified Approach

Mindmatrix

There are different types of partnership models that companies can adopt, such as strategic alliances, joint ventures, co-development partnerships, technical integration partners, distribution partnerships, or channel partnerships.