|
Do You Need an Alliance Partner?
Article Word Count: 269 [View Summary] Comments (0) |
|
To succeed in today's business environment sometimes takes human, technical or financial resources beyond the scope of your reach.
- You may be trying to access new technology.
- You may be trying to leverage your own technology or know-how.
- You may be trying to enter a new market or possibly considering going global.
- You already may be in the early stages of forming an alliance or you may have been in an alliance for years.
During the last twenty years of my career, I successfully brought to fruition a variety of licensing arrangements and joint ventures around the world. More specifically, 55 alliances in more than a dozen countries, and the one thing I've taken away from each of them is that there is one constant: change!
No matter what the parties envision from the outset, things have a way of changing throughout the relationship. Some of the key variables include: the people, the parties' positioning relative to one another, the financial structure, each party's vision of success, government regulations and the overall economy.
The better prepared you are to deal with these changes, the better your chances for success. It doesn't matter what stage you are in now! If you are going to be successful in forging, structuring and managing alliance relationships, you better understand the dynamics affecting your business and your business relationships.
To do so will necessitate that you go through the steps of developing a detailed business plan focusing on both the internal and external challenges (i.e. the changes) that you expect will impact your business during the upcoming plan period.
|
Mr. Newman has roughly 40 years of industry experience - 28 years as part of the Ford Motor Company management team, and more recently, as President and COO of the Strategic Alliances Consulting Group, Inc. His business background encompasses a broad spectrum of experience in various disciplines including purchasing, finance, product planning, export planning, business planning and international business development. During his last 10 years at Ford Motor Company, Mr. Newman successfully negotiated 46 licensing agreements in 12 countries, 9 joint ventures in 4 countries, 6 acquisitions and 2 divestitures. In his capacity as President and COO of Strategic Alliances, in addition to continuing to assist clients with their acquisition and divestiture efforts, Mr. Newman developed a strategic and business planning process which was implemented successfully at many automotive supplier operations in North America and in Europe. This process also was successfully implemented at a charitable organization and several small entrepreneurial business enterprises. To read more about Mr. Newman's business insights on business alliances, negotiation and other must have business tips, read his Book, Beyond the Chicken Dance (http://www.beyondthechickendance.com) Article Source: http://EzineArticles.com/?expert=Charles_H._Newman |
|
This article has been viewed 31 time(s).
Article Submitted On: July 02, 2009
-
MLA Style Citation:
Newman, Charles H. "Do You Need an Alliance Partner?." Do You Need an Alliance Partner?. 2 Jul. 2009 EzineArticles.com. 30 Dec. 2009 <http://ezinearticles.com/?Do-You-Need-an-Alliance-Partner%3F&id=2557298&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BusinessEntrepreneurialismArticles+%28Business%3A+Entrepreneurialism+Articles%29>.
-
APA Style Citation:
Newman, C. H. (2009, July 2). Do You Need an Alliance Partner?. Retrieved December 30, 2009, from http://ezinearticles.com/?Do-You-Need-an-Alliance-Partner%3F&id=2557298&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BusinessEntrepreneurialismArticles+%28Business%3A+Entrepreneurialism+Articles%29
-
Chicago Style Citation:
Newman, Charles H. "Do You Need an Alliance Partner?." Do You Need an Alliance Partner? EzineArticles.com. http://ezinearticles.com/?Do-You-Need-an-Alliance-Partner%3F&id=2557298&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BusinessEntrepreneurialismArticles+%28Business%3A+Entrepreneurialism+Articles%29