Five business collaboration case studies of success [INFOGRAPHIC]

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Five business collaboration case studies of success [INFOGRAPHIC]

Business Collaboration Infographic

The power of a perfect partnership can transform companies, disrupt industries and reinvigorate brands. These five case studies of true business collaboration success demonstrate the importance of strategic partnerships, and the widespread benefits they could bring.

View the infographic to see how alliances have recently been a benefit to both prominent industrial leaders such as Nissan and Apple, as well as emerging niche companies with an intent on expansion.

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Don’t Base Finding Business Partners on Personal Chemistry

finding business partners

Originally published by Ben Gomes-Casseres on Harvard Business Review 

When I hear that two CEOs are striking a deal in part because they get along well personally, I cringe. Of course, good personal rapport can help you see opportunities in working together and can get a complex deal done. And when finding business partners, managing the inevitable unforeseen circumstances is essential. But, don’t rely on chemistry — particularly if that chemistry is between only a few of the principals involved — in deciding and managing a major deal. Even trust is an unreliable foundation when it is held by individuals and not supported by broader organizational interests.

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End of an era: How to say goodbye to long-term business partners

finding business partners

How do you ‘break up’ with business partners that you have worked with for years without souring the connection?

While more than 80 per cent of senior executives feel partnerships are important to business growth, nearly half find it challenging to keep their partnerships mutually rewarding.

Your business may need to move in a different direction, cut costs or you may just not be getting the same value from your suppliers. You could have even found better business partners through leveraging big data and technology tools like the Powerlinx platform. Unfortunately, sometimes the only solution is to say goodbye to old suppliers.

Discover the power of new strategic partnerships by downloading our free ebook, Lessons from the top: Why business collaboration is vital to your business.

Here are five steps to amicably and easily end relationships with long-term business partners.

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What is a joint venture?

finding business partners
If you’re considering a joint venture, take a look at how your company can begin the process of forming a long-term, sustainable relationship.

Entering into a joint venture is a smart way to grow your company’s influence, diversify its products and reach new markets. But without a structured plan, starting your joint venture could be quite difficult and your joint venture aspirations could fall flat. Here’s how to identify the best partner for your business, create clear goals and stay on track with ongoing communication.

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Do’s and Don’ts of your next business partnership [INFOGRAPHIC]

finding business partners

Strategic partnerships are critical for businesses that want to compete on a global scale. But many enterprises lack the appropriate strategy, structure or resources to create and maintain a productive business partnership. So where does it all go wrong, and what can your organization do to ensure a successful alliance?

Our most recent infographic shares common mistakes businesses make when forming a business partnership and tips that your company can use to aid in a successful alliance.

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Making Business Partnerships Work Using “The Remix Strategy”

Making Business Partnerships Work Using
When you look to external partners for acquiring resources and capabilities, your organization needs a practical roadmap to answer some critical questions: What kind of business partnerships and combinations do we need? How will we manage them over time? What profits will we earn, and will they justify our investment?

Ben Gomes-Casseres, international business scholar and Powerlinx adviser, addresses these questions and more in The Remix Strategy: The Three Laws of Business Combination. This excerpt, originally posted by the Harvard Business Review offers a simple, but powerful, framework to help you make those decisions.

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The Old Model of Business Competition is Dead

Partnership expert Prof Ben Gomes-Casseres explains that the age of firms competing against other firms, one on one, is over. In the future groups of businesses will compete against other groups, making it crucial to find the right strategic partners to compete on your team.

Start building your team of strategic partners on Powerlinx and get ahead of your competition – sign up or log in today.