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Develop new business opportunities through new products and services 6.
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Enhance competitiveness in local, national, or international markets 4. Achieve advantages of scale, scope or speed 2. Copyright Abraham Publishing 2001 Abraham Publishing Group, Inc. Strategic Alliances can be a partnership in which you combine efforts in anything from getting a better price for goods, by buying in bulk together, to seeking business together with each company providing part of the package.Īlliance represent an essential strategy for achieving topline growth, higher profitability and enhanced business franchise. and European companies now come from alliancesĩ0% of corporate executives surveyed felt a Strategic Alliance or Joint Venture with another company was absolutely essential to maintain a competitive edge Copyright Abraham Publishing 2001Ībraham Publishing Group, Inc. More than 20% of the revenue generated from the top 2000 U.S. The number of alliances is growing by 20% a year with 10,000 new alliances being reported in the last 12 months alone Mergers have slightly increased over 5 years while Strategic Alliances have doubled.ġ996 – 1999 companies with $2 billion in revenue or more formed an average of 138 alliances – Forbes. Strategic alliances are nothing more than old fashion partnering with a strategic twist. Mergers and Acquisitions aren’t the only way to go. Only limited to your inventiveness your ability to look inside and out. Means to dramatically expand and enhance your ability generate markets / business / clientscustomers / image / posture / profitability all with minimal spenditure of time effort / expense / manpower / risk. Multiple options and alternative to fill a given needįew trusted advisors Copyright Abraham Publishing 2001 Abraham Publishing Group, Inc. Strategic Alliance Inventory and Opportunity Audit Ĭopyright Abraham Publishing 2001 Abraham Publishing Group, Inc.You’re seeing opportunities and overlooked markets, transactions, and areas of thinking that no one else saw in good times, so they certainly won’t see them in times of financial struggle.PARTNER OR PERISH! Winning in today’s competitive environment The Tom Sawyer School of Business Copyright Abraham Publishing 2001 Abraham Publishing Group, Inc.
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They’re terrified, and you’re making a fortune. You’re looking forward, and everyone else is looking backwards. Everyone else is dropping out of the race, and you’re seeing the checkered flag.
#JAY ABRAHAM PUBLISHING HOW TO#
The main thing is that you can win easily…if you know how to benefit from bad times. In a bad economy, you can walk all over your competition, lap the field, run circles-you pick the metaphor. When you move beyond worry and fear, you’ll discover that areas of growth are actually more plentiful than they are during boom times. Instead, I see the silver lining to an economic slowdown like the one we’re experiencing today. A lot of people and industries are suffering as never before, and there’s nothing positive about that.
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Written by Jay Abraham and republished with permission