Strategic Alliances are beneficial

Question

Why and how Strategic Alliances are beneficial?

Answer 1

a. The value of a strategic alliance stalks not from the agreement or contracts itself but rather from the ability of the partners to collaborates effectively over time, resolve organizational frictions, and work their way through the maze of alters that recline in front of them

b. Collaborative partnerships almost always involve an evolving relationship whose profits and competitive value ultimately depend on: cooperation, mutual learning and adaptation to altering industry circumstances.

c. The best alliances are very choosy, focusing on exacting value chain activities and on attaining a particular competitive benefit.

b. Allies can learn much from one another in performing combined research, sharing technological know-how, and collaborating on complementary new products and technologies – sometimes enough to enable them to follow other new opportunities on their individual.