Strategic Partnership Management

Strategic Partnership Management

Strategic partner management is about identifying problems to be solved collaboratively with partners, scouting for matching partners, and building long-lasting relationships with them. The top reasons for engaging in partnerships are not for financing, but rather for access to a larger partner’s market. Strategic partnerships offer many benefits, including collaborative problem solving, partner support, and expanded networks. To develop successful partnerships, businesses should scout for partners online, assess and select partners carefully, and document interactions with potential partners. By investing in strategic partner management, businesses can explore and attract new opportunities, gain new partnerships quickly, and receive additional guidance on gaining new partnerships. Strategic partner management is not just a passing trend, but a valuable long-term strategy for innovation and growth.

View

More Innovation Resources:

An image of seaweed fronds, fish, and abstract water patterns interconnected by lines.

Underwater gardening - taking farming to a new level

3D ocean farming, a zero-impact food production process, is an innovative solution to dwindling fishing populations and climate change that also boosts the economy and creates jobs.

View
Do you have an innovation strategy?

Do you have an innovation strategy?

Financial performance and innovation spending do not have a significant relationship. The primary elements for innovative companies are a focused innovation strategy and a corporate culture that is wired for innovation.

View
Creative Thinking Skills - Comparing Apples and Oranges 7 Ways

Creative Thinking Skills - Comparing Apples and Oranges 7 Ways

Comparing apples and oranges can help boost creative thinking skills. The article suggests seven ways to find strategic and creative comparisons between the two fruits.

View