Try our "Help Me AI"
Results 1 to 2 of 2

Thread: What partnerships do you need to create in order to achieve your strategy?

  1. #1
    Status
    Offline
    Bhavya's Avatar
    Administrator
    Join Date
    Apr 2018
    Location
    Vavuniya, Srilanka
    Posts
    7,687
    Blog Entries
    50
       Rep Power
    60

    What partnerships do you need to create in order to achieve your strategy?

    Hello Friends,

    A strategic partnership is a relationship between two commercial enterprises.
    Typically formalized by one or more businesses.


    What kind of strategic partnerships is best to achieve your strategy?
    You're not going to master the rest of your life in one day. Don't stress. Master the day. Make this a daily reminder.

  2. #2
    Status
    Offline
    Moana's Avatar
    Reputed Member
    Join Date
    May 2018
    Location
    Vavuniya Srilanka
    Posts
    1,569
    Blog Entries
    5
       Rep Power
    18
    Quote Originally Posted by Bhavya View Post
    Hello Friends,

    A strategic partnership is a relationship between two commercial enterprises.
    Typically formalized by one or more businesses.


    What kind of strategic partnerships is best to achieve your strategy?
    1.Finding the right strategic partner is exactly the same as finding your co-founder or key hires. You'll be working closely together, so it's important to have a good connection. Don't be afraid to trust your gut. If your instincts tell you that something isn't right, even when everything looks good, it's smart to be cautious.

    2. Establish clear objectives. Making sure all parties are on the same page greatly improves your chances of a good outcome. It also gives you benchmarks for measuring a project's success. Understand what you want to get out of a partnership, and have a rock-solid grasp of your partner's goals. This will make sure that everyone is aligned and has the same or complementary visions.
    3. Be honest about your own weaknesses and gaps. Trying to do too much at once is something we all experience, and it can be hard to let go. This is especially true when you're passionate about your idea or product. But seeking partners who are experts in a particular area will free you up to focus on your core competencies. You'll be able to focus on the critical activities that keep your business functioning.
    4. Understand what makes your business unique. Having a clear grasp of your own intellectual property and the value you bring to a partnership will help you negotiate the terms of any agreement. It also helps to determine when you should work with a partner or do the work in house.
    Your Last Mistake Is Your Best Teacher

Similar Threads

  1. Replies: 0
    Last Post: 11-20-2019, 10:33 AM
  2. Replies: 1
    Last Post: 11-07-2019, 01:27 PM
  3. How to create a winning social media Strategy ?
    By Bhavya in forum Social Media Marketing
    Replies: 3
    Last Post: 09-06-2018, 03:43 PM
  4. Pre Order Battlefield V now!!!
    By Assassin in forum The Game Zone
    Replies: 0
    Last Post: 06-10-2018, 12:28 AM
  5. Privacy issues during partnerships
    By Shamee in forum Ask Me Anything (AMA)
    Replies: 1
    Last Post: 05-12-2018, 11:36 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Who We Are

The Hub Sri Lanka is an online community portal for all the Sri Lankan digital Citizen's to enthusiastically learn and connect with the society by enormously increasing their knowledge and careers through an extensive collaborative marketplace.

Join us
RSS RSS 2.0 XML MAP HTML