Your alliances are too stable.

@article{Ernst2005YourAA,
  title={Your alliances are too stable.},
  author={David M J Ernst and James Bamford},
  journal={Harvard business review},
  year={2005},
  volume={83 6},
  pages={133-41, 150}
}
A 2004 McKinsey survey of more than 30 companies reveals that at least 70% of them have major alliances that are underperforming and in need of restructuring. Moreover, JVs that broaden or otherwise adjust their scope have a 79% success rate, versus 33% for ventures that remain essentially unchanged. Yet most firms don't routinely evaluate the need to overhaul their alliances or intervene to correct performance problems. That means corporations are missing huge opportunities: By revamping just… CONTINUE READING

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