Clean sticker in the Strategic Alliance Agreement Template

Aug 6th, 2022
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The most outstanding factors affecting alliance success are shown to be a good relationship with the partner, mutual trust, a minimum commitment between the parties, and clear objectives and strategy.
With a joint venture, two or more companies create a single legal entity in which each owns a share. By contrast, with a strategic alliance, each company works together but no new legal entity is created.
Strategic alliances are agreements between two or more independent companies to cooperate in the manufacturing, development, or sale of products and services, or other business objectives.
Some good examples of strategic partnership agreements between brands that you may have heard of include Starbucks in-store coffee shops at Barnes Nobles bookstores, HP and Disneys ultra hi-tech Mission: SPACE attraction, and Nokia and Microsofts joint partnership agreement to build Windows Phones.
Non-Equity Strategic Alliance Companies share core competencies/resources to gain a competitive edge. There is no equity participation in this type of partnership. This happens to be the most common type of strategic alliance.
The deal between Starbucks and Barnes Noble is a classic example of a strategic alliance. Starbucks brews the coffee. Barnes Noble stocks the books. Both companies do what they do best while sharing the costs of space to the benefit of both companies.
Strategic alliances are voluntary collaborations between organizations that involve product exchange, sharing or co-development, technology development or the provision of services that pursue a common set of goals (Gulati 1998).

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