Alliances are conceived hopefully as part of strategy and capability processes but can sometimes be more opportunistic. Either way, enduring success will depend on building trust, creating value along with finding the means to continuously transform, innovate or exit.
Alliances have and will increasingly be an important way for business and Government to achieve advantage or effect that can’t be achieved in isolation. Typically, an alliance architecture involves some sort of joint goals, ways to share costs, benefits and risks along with decision making responsibilities and management processes.
Alliances by design, are alliances that are built on a trust approach where common interests, joint growth and development are the means to ensure long term alignment with the building of social capital, shared vision and value creation the intrinsic motivators for success and the focus of leadership effort.
Designing and managing high trust, successful alliances is a leadership skill that will grow in demand as we strive to navigate complex change across an eco-system in a manner that integrates.