Joint ventures give companies access to resources, avenues to growth, and a way to share risk—when they succeed. As one of the most visible signs of a company’s strategy, JVs are a major trigger of shareholder activism—not to mention the source of trillions in capital deployment. Whatever their size or their makeup, these strategic alliances require common elements for success: strong foundations, trusting relationships, built-in metrics, and the flexibility to react to evolving business conditions.
When 72 practitioners and experts met to talk about joint ventures and strategic alliances, we took notes. Here are the highlights.
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