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Partnering for Success |
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Partner Relations
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Win-win partner relationsWe understand that a successful partnership is fostered only when both partners understand the common strategic vision and plan and work together in managing the relationship. So, we thought that we'd put down a few ideas here about what we feel is core to the essence of a successful partnership. Relationship managementWhat kind of partner relationships are we talking about here? The motive behind partnering is the key to understanding how the relationship will work. Starting from a simple leveraging of resources and technology to focusing on asset pooling and co-creating future value through breakthrough business opportunities, the reasons for partnerships are usually many and varied. Once the reasons are made clear and the partners selected, the partner agreement is signed upon. This is a mutually agreed upon agreement. Whether medium or long-term, it is imperative that all negotiations are kept open-ended and transparent. The pricing framework we work out with our partners is win-win and of the shared risk/reward kind. The partnership agreement is strategically planned in such a way that high levels of integration are achieved. We see each partner arrangement as part of a portfolio of relationships that contribute to the development of the 'extended enterprise'. Each relationship is a step to building a collection of collaborative relationships. Architecture for a successful partnershipCharacteristics of a well-structured partner alliance Strategic synergy: Where the two partners achieve a high level of benefits Growth opportunity: Where the relationship and it's benefits are in a state of continuous expansion. Low Risk: Where the relationship reduces risk levels Excellent chemistry: Where the relationship is a good fit Clarity of purpose: Where the goals and the benefits are explicit and clear Win-win: Where each party benefits fairly from the relationship Now, that we've defined the parameters in which we envisage the relationship to grow, let's make a quick start and see where we can help each other. Contact us here with your name and email address and tell us a little about yourself. Our partner selection and management committee will get back to you shortly. To read more about how we work, the kind of projects we work on and what our customers say about us, check out the "About Stylus" in our main website, www.stylusinc.com. |
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