Strategic Alliance

A Strategic Alliance is a formal relationship formed between two or more parties to pursue a set of agreed upon goals or to meet a critical business need while remaining independent organizations.

Partners may provide the strategic alliance with resources such as products, distribution channels, manufacturing capability, project funding, capital equipment, knowledge, expertise, or intellectual property. The alliance is a cooperation or collaboration which aims for a synergy where each partner hopes that the benefits from the alliance will be greater than those from individual efforts. The alliance often involves technology transfer (access to knowledge and expertise), economic specialization ^[1], shared expenses and shared risk.

Stages of Alliance Formation

A typical strategic alliance formation process involves these steps:

• Strategy Development: 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.
• Partner Assessment: 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.
• Contract Negotiation: 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.
• Alliance Operation: 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.
• Alliance Termination: 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.

The advantages of strategic alliance includes 1) allowing each partner to concentrate on activities that best match their capabilities, 2) learning from partners & developing competences that may be more widely exploited elsewhere, 3) adequency a suitability of the resources & competencies of an organization for it to survive.

External links

• Association of Strategic Alliance Professionals, Inc. Professional organization that serves those who manage strategic alliances and corporate partnerships.

What is a Joint Venture?

Simply put, a JV (Strategic Alliance) is a business agreement or partnership, wherein two or more people share their resources to accomplish a common goal. JV Brokers link supply and demand and get paid for all ongoing business. Like a tollbooth on a bridge – every time a transaction takes place, you get paid. You can do this in any industry or business, anywhere. You don’t need money, business experience, or connection or a database to broker Joint Ventures.

Everything you need is already available through other people and our Broker Network:

• Time
• Money
• Credit
• Employees
• Equipment
• Databases
• Skills
• Reputation
• Education
• A Sales Force
• Credibility

You name it – you simply use / borrow / share existing resources.

Joint Ventures is nothing new – businesses have been doing JV’s for hundreds of years, and all the large companies use JV’s all the time, yet only 1% of small and medium sized business use and understand JV’s.

We Have Everything You Need to Succeed:

• You need the right contact and connections, access to like-minded people with common goals and an understanding of Joint Ventures.
• You need the correct training.
• You need support, coaching, regular communication and ongoing JV education.
• You need to take action.

We provide the first three – all you have to do is to USE the tools that Joint Venture Freedom provides for you. We even provide you with ready-made Joint Ventures! Hundreds of Members are waiting to work with you and you can JV directly with Joint Venture Freedom.

That’s right. We educate our Members and help them to become financially independent. We give our Members access to new deals and opportunities and support them.

Membership includes your full profile on our website, access to all other Members with their profiles and contact information internationally, bi-weekly Members Only Conference Calls, Training, use of our Member Resources (logos, business cards, brochures, and more), JV Opportunities, an excellent and generous commission structure, access to your own website, coaching and the best JV Training available, local meetings, conventions, and much more.

As a Member, you agree to subscribe to the following code of ethics at all times:

• I will conduct my business as a professional at all times.
• I subscribe to absolute honesty and integrity.
• I return calls and emails promptly.
• I don't take on tasks I know I cannot perform.
• I don't pressurize other Members, hard sell them or harass them.
• I respect the time of other Members.
• I understand that every JV must be a win/win scenario.
• Solid relationships is the basis for successful JV business.
• I do what we say, when I say I will do it, in the manner that I promise.
• I treat other members with respect and courtesy at all times.
• I seek to contribute, to build and to encourage other Members.
• I will not SPAM any members.
• I create value and remain positive, optimistic and friendly at all times.

How much money can you make? And how long will it take?

Because you can run multiple JV’s at the same time, with no cost or risk and little time (many lucrative JV’s can be created with just one phone call once you are trained), you can do well fast, as long as you are prepared to be trained and commit to putting in the time and the work at the beginning to learn and practice, as with any new skill. There is no limit to the amount of money you can make and how soon you can make it. There are no barriers as you can work with anyone, anywhere, in any industry, with any product or service.

Remember, whether you have a business or not, Joint Ventures can create the security, wealth, and freedom that you deserve. Business owners will learn that JV’s help you to:

• Create a flood of new customers and clients
• Penetrate new markets easily and rapidly
• Increase your sales and profits – often within a few days or weeks...
• Give far greater value to your existing customers and clients – creating substantial customer loyalty
• Re-activate customers who haven't done business with you recently
• Slash the number of customers and clients you lose to attrition

One of Joint Ventures took one of his profit centers from $4,000 to $20,000 per month in just 4 Days! You can use these same tried, tested and proven systems.

Join us today and you will never have to worry about money again.

BUT THIS IS NOT ALL!

Go here and learn how to turn JVP in Corporation and build huge business with only 20 people.