Create Opportunities and Efficiencies Through Collaboration 

Collaborations and strategic alliances offer ways to lower costs and create efficiencies. Alliances can range from informal partnerships (such as endorsements of another organization’s programs) to formal coalitions (such as joint ventures, mergers or consolidations).  

In today’s economic climate, many organizations are taking a fresh look at collaboration. With fewer resources and the need to increase efficiencies, Strategy Solutions can help you assess the benefits and risks of various forms of collaboration. Motives to enter an alliance include:

  • Market seeking
  • Acquiring means of distribution
  • Gaining access to new technologies
  • Learning new organizational skills
  • Obtaining economies of scale
  • Achieving vertical integration and/or access to supply chains
  • Diversifying into new businesses
  • Restructuring
  • Improving performance
  • Cost sharing, pooling of resources, 
  • Risk reduction and diversification
  • Achieving competitive advantage
  • Complementary of goods and services to markets
  • Co-specialization and following industry trends

Before deciding if an alliance is in your future, the organization must first have its own house in order. There must be a clear vision for the future and a clear understanding of the role a partnership or alliance plays in accomplishing the vision. It is important to explore relationships with potential partners to ensure that appropriate attention is paid to the critical success factors of effective alliances and partnerships:

  • Membership and defining relationships
  • Purpose and objectives
  • Structure
  • Process
  • Communications
  • Resources

Strategy Solutions has extensive experience facilitating strategic planning and program development for alliances using OptionFinder  (an audience response polling system) to achieve consensus, commitment and results.  

OptionFinderCall Toll-Free 1-866-480-8003

Contact us at 866-480-8003 or info@getstrategy.com for more information.