Strategic alliances– partnerships in between separate companies to share resources collaboratively towards equally useful goals– are an important management instrument, however one that is challenging for firms to handle. Among many preferable results, alliances can decrease costs, provide access to new technology, and improve research and advancement endeavours, though collective arrangements featured dangers, peril, and misfortunes. This renewed and re-worked text links theory to practice to help understand this crucial service practice. Strategic Alliance Management presents an academically grounded alliance advancement structure, detailing eight phases of alliance advancement with factor to consider for specific management challenges. For each stage, readers are presented with modern theoretical insights, evidence-based managerial standards and an organization case illustration. Extra chapters information on modern alliance management obstacles, including co-opetition and business eco-systems. Other chapters highlight the role of alliance professionals, alliance abilities and paradoxical difficulties in alliance relationships. This second edition maintains a mix of scholastic knowledge and practical examples, while upgrading case examples and adding 5 brand-new chapters on emerging alliance topics. This book remains crucial reading for business trainees and experts interested in strategic management.
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