Synergistic Partnerships:

Join Ventures

Forming a Successful Joint Venture

Important Factors to be Considered Before a Joint Venture is Formed

 

Synergized from various sources and adapted.

 

Joint Ventures Due Diligence Business Plan Business Valuation Negotiation Tips Market Research Developing Joint Ventures

Most Common Causes of JV Failure

According to a recent survey, only 44% of CEOs of JVs characterized their venture as "very successful".

9 Signs of a Losing Organization

The most common causes of failure cited by CEOs are:

10 Guidelines for Multicultural Collaboration

10 Key Features of Effective Partnerships

  • Common interest

  • and mutual dependency ... More

 

Master of Business Synergy (MBS)

Unleash the Power of Integrated Opposites

 

Factors To Be Considered

Sustainable Competitive Advantage

  • joint development of a detailed business plan and shortlisting a set of prospective partners based on their contribution to developing a business plan

  • due diligence ‒ checking the credentials of the other party ("trust and verify" - trust the information you receive from from the prospective partner, but it's good business practice to verify the facts through interviews with third parties)

  • development of an exit strategy and terms of dissolution of  the joint venture

  • most appropriate structure (e.g. most joint ventures involving fast growing companies are structured as strategic and synergistic corporate partnerships)

  • availability of appreciated or depreciated property being contributed to the joint venture; by misunderstanding the significance of appreciated property, companies can fundamentally weaken the economics of the deal for themselves and their partners.

  • special allocations of income, profit, loss or deduction to be made among the partners

  • compensation to the members that provide services

Wise Agreement

Choosing a JV Governing Structure

There are three possible JV governance arrangement: full equality; policy equality, and lead parent arrangement... More

Preparing for a Successful JV: HR Action Steps

As  Konosuke Matsushita the legendary founder of Panasonic, put it, "Business is people. Business success is achieved by getting each and every person in the organization to be more successful in the job they do... More

The Role of the Business Architect

Business Architect is a person that initiates new business ventures or leads business innovation, designs a winning business model, and builds a sustainable balanced business system for a lasting success.

Business Model

The Tree of Business Success

Business architects can be found in a multitude of business settings: corporate change leaders, initiators of joint ventures, managers of radical innovation projects, in-company ventures, spin-outs, or new start-up ventures.

Entrepreneurial Leader: 4 Attributes

Leadership-Management Synergy

Although the settings in which business architects act are different, they all design and run a new venture to achieve its sustainable growth.

 

References:

  1. Joint Ventures / Partnerships, Hewitt

  2. Joint Ventures: Minimizing Risk and Maximizing Success, Hewitt

  3. Close Connections, Ranjit Shastri

  4. Trusted Partners, Jordan D. Lewis

  5. Joint Ventures Revealed, PlugInForProfit

  6. Mastering Alliance Strategy: A Comprehensive Guide to Design, Management, and Organization, James D. Bamford, Benjamin Gomes-Casseres, Michael S. Robinson

  7. Strategic Alliances: Three Ways to Make Them Work (Memo to the Ceo), Steve Steinhilber

  8. Happy About Joint-Venturing: The 8 Key Critical Factors of Success, Valerie Orsoni-Vauthey