The Role of Alliances in Corporate Strategy [Archive.org URL]

Alliances have become an increasingly important part of corporate strategy. They can be extremely useful in situations of high uncertainty and for growth opportunities that a company either cannot or does not want to pursue on its own. But the advantages of shared risk are often offset by unclear governance and lack of genuine commitment. This report distills lessons about alliance strategy and management drawn from recent client work and research by the Corporate Finance and Strategy practice of The Boston Consulting Group.

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