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Essay / Research Paper Abstract
This 4 page paper looks a the way in which strategic alliances and closer working partnerships is business may be in fashion, but can also be vulnerable to the problems of deterioration, with those that appear to be the most compatible being the most vulnerable. The paper looks at how and why this can occur and how the risk may be managed. The bibliography cites 1 source.
Page Count:
4 pages (~225 words per page)
File: TS14_TEstradark.rtf
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Unformatted sample text from the term paper:
were seen as a major source of potential advantages, with companies able to help each other, to create competitive advantages and allow for growth. This is evidenced by the fact
that between 1996 and 211 there were more than 57,000 partnerships signed into existence (Anderson and Jap, 2005). In addition to this there will be many informal agreements were an
alliances was not back up with a signed agreement. The popular phenomenon, which was touted by many business writers as strategy which, as long as there was a
good fit, would be productive. However there is also a dark side, these relationships may be those that are the most prone to failure. Research shows that between 30% -
50% of all joint ventures or alliances will fail (Anderson and Jap, 2005). It also appears that those most likely to have the highest failure rate, or be the most
likely to go bad are the relationships that start out with the greatest level of harmony (Anderson and Jap, 2005). It may be argued as surprising that with the high
levels of investment and the attraction of alliances, that this strategy has not been examined before, but with the assumptions and apparent theoretical backing, it was not a popular view.
Anderson and Jap, (2005) offer an insight into how and why this happens and how it may be prevented with further strategic thinking and planning. The research that has
been carried out indicates that it is at the time when a relationship appears to be strong and doing well that it may be at its most vulnerable. If
we consider where there is a difficult relationship, which is taking work and effort, there is a continual reviewing and attention paid to that relationship, keeping it on track and
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