Course Description
Introduction:
This program is designed for you to learn how to create and manage a variety of strategic alliances, both domestic and international, including joint ventures, licensing agreements, buyer-supplier partnerships and consortia. Through this course we aim for you to examine the specific conditions under which alliances are preferred to other growth strategies, develop a better sense of the related costs and benefits, and leave with practical tools you can apply immediately.
Course Objectives
By the end of this course, participants will be able to:
· Analyze and determine when to make, buy or ally
· Create and manage value-adding alliances
· Avoid common pitfalls that can lead to alliance failures
· Negotiate before, during and after alliance agreements have been signed
· Anticipate critical legal, financial and operational issues in alliances
· Manage complex, multiple alliance initiatives within your organization
Target Audience
This course is designed for:
· Business Analysts
· Senior Government Personnel
· Legal Advisors
· Financial Advisors
· Directors and Senior Management from Private Infrastructure/ Public Utility Sectors
· Technical and Financial Consultants
Course Outlines
Day 1: Promises and Pitfalls of Alliances
· Evaluate risks and returns
· Avoid alliance failure factors
· Increase the probability of successful alliances
· Address the challenge of cooperation among large numbers of partners
Day 2: Make, Buy or Ally
· Know when to use alliances as a business development vehicle
· Protect your company’s interests strategically and contractually
· Detect when your partner has a win/lose orientation
· Understand the role of alliances in the network economy
Day 3: Alliance Decisions and Capabilities
· Change your status from vendor to partner
· Develop an alliance capability across the organization
· Structure an alliance for organizational learning
· Create alliances within an organization
· Improve alliance management capabilities
Day 4: Economic and Governance Issues
· Deal with cultural differences in alliances, especially in emerging economies
· Map competitors’ alliances
· Implement a framework for stakeholder analysis
Day 5: Analyzing and Designing Joint Ventures
· Discuss strategic and operational considerations
· Anticipate critical legal, accounting and financial issues
· Find value in cooperation
· Anticipate conflict and instability when your company has multiple alliances
