Building partnerships and alliances for growth from "summary" of The Innovator's Solution by Clayton Christensen,Michael Raynor
Innovative companies looking to accelerate their growth often turn to partnerships and alliances as a key strategy. By collaborating with other organizations, they can leverage each other's strengths and resources to achieve mutual goals. These partnerships can take various forms, from joint ventures to strategic alliances to licensing agreements.
Partnerships and alliances can provide a way for companies to access new markets, technologies, and capabilities that they may not have on their own. By working together with complementary firms, they can create value that neither could have achieved independently. This can lead to faster innovation, increased market share, and greater profitability.
However, building successful partnerships and alliances is not without its challenges. It requires careful planning, clear c...
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