CBP-27: 3 tips for establishing successful alliances

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In today’s episode of the Collaborative Business Podcast I am sharing 3 main tips (and a few more) that are essential in establishing successful alliances.
 
The main tips I am diving into are:

1. Start with why: Be clear on your reason for partnering; many companies just jump in a partnership due to an opportunistic approach or simply because they like each other and feel they need to do something together.


 

2. Communicate, communicate, communicate; George Bernard Shaw once said “The single biggest problem in communication is the illusion that it has taken place”, and he has a point. Having clarity is one thing, but do maintain it. So, communicate and check your communication to ensure that what you meant to communicate, is properly understood.


 

3. Ensure a three way value proposition; this is where it all starts. Without value proposition there will be no room for a healthy partnership. The value proposition needs to deliver value for the three parties involved: your partner, the customer and your own organization.


Tune into episode 27 to hear the full explanation of these tips and the few more I have added.

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Mentioned in this episode:

• Simon Sinek – Start with Why: How Great Leaders Inspire Everyone to Take Action
• 25 tips for successful partnerships & alliances

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Previously on The Collaborative Business Podcast:

• CBP-70: The final episode
• CBP-69: Alliances as a force multiplier – with Suniel Mande
• CBP-68: Alliance Networks with Andrew Shipilov
• CBP-67: Alliance Analytics with Bill Davidson
• CBP-66: Alliances in SAS with Pat Finerty

Click here for a full list of previous episodes.