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? A business partnership can be fragile, and it needs conscious cultivating.

article thumbnail

Four Roadblocks Partnerships Hit Within the First Year

PartnerTap

If channel conflict arises, Alliance Managers should act swiftly to resolve it. Partnerships can become convoluted, so clear communication and transparency mitigates these issues. It is the partner manager’s job to make sure all operations are running smoothly.

article thumbnail

Top tips to create a successful partnership strategy

Mindmatrix

This comprehensive guide explores the key elements of creating a successful partnership strategy, including key statistics, actionable business development plans, challenges, opportunities, and real-life examples. However, the journey to successful strategic partnerships for businesses is not without its challenges.