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| © 2007 GVP ONLINE. |
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Strategy development
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Strategy development involves studying
the alliance’s feasibility, objectives
and rationale, focusing on the major
issues and challenges and development
of resource strategies for production,
technology, and people. It requires
aligning alliance objectives with
the overall corporate strategy..
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Partner Assessment
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Partner assessment involves analyzing
a potential partner’s strengths
and weaknesses, creating strategies
for accommodating all partners’
management styles, preparing appropriate
partner selection criteria, understanding
a partner’s motives for joining
the alliance and addressing resource
capability gaps that may exist for
a partner.
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Contract Negotiation
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Contract negotiations involves determining
whether all parties have realistic
objectives, forming high calibre
negotiating teams, defining each
partner’s contributions and rewards
as well as protect any proprietary
information, addressing termination
clauses, penalties for poor performance,
and highlighting the degree to which
arbitration procedures are clearly
stated and understood.
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Alliance Operation
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Alliance operations involves addressing
senior management’s commitment,
finding the calibre of resources
devoted to the alliance, linking
of budgets and resources with strategic
priorities, measuring and rewarding
alliance performance, and assessing
the performance and results of the
alliance.
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Alliance Termination
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Alliance termination involves winding
down the alliance, for instance
when its objectives have been met
or cannot be met, or when a partner
adjusts priorities or re-allocated
resources elsewhere.
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CLICK ON FROM THE LIST OF SERVICES
PRESENTED ABOVE TO KNOW MORE DETAILS...
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