Way before we get to the legalities of a joint venture, it’s important to start with a mindset of knowing why we want to get into one in the first place. As with romantic relationships, to get into one “because everyone else is,” tends to be a lousy justification which produces lousier results. In his [...]
As reported in the Washington Post last week, BlogHer, the women’s blogging community, has announced a strategic alliance with NBCU-owned iVillage, which will give the iVillage site access to BlogHer content. The BlogHer site boasts Michelle Obama as one of its bloggers, as well as being named the #1 most influential “female” blogger according to [...]
According to a press release issued last week, Intel Corporation and DreamWorks Animation SKG, Inc. announced the formation of a strategic alliance. To meet the increased demands of creating 3-D animated feature films, Intel will provide DreamWorks Animation with the latest high-performance processing technologies. As previously announced, DreamWorks Animation has committed to producing all of [...]
Here’s a helpful post by Chris Flett, author of What Men Don’t Tell Women About Business, outlining four important steps in developing a profitable venture. To summarize: Set expectations Develop a style of management that all can work with Make it easy for contributors, staff, and vendors to work in the model Find a way to marry [...]
From across the globe in Business Daily Africa, comes this plea for awareness of how a joint venture can prevent the African continent from missing yet another technological wave. What was poignant about this post was that this wasn’t about missing a business opportunity to reap big profits. It wasn’t just about reaching into a [...]
When two behemoths collide in a strategic alliance, the Department of Justice starts to sweat. That’s because it’s in change of ensuring that the alliance doesn’t violate the antitrust laws. So when Yahoo and Google announced a formal advertising partnership last month, the DOJ pricked up its ears are started sniffing around. According to a [...]
As reported recently in a hospitality industry source, MGM Mirage and Diaoyutai State Guesthouse have launched their first project in Tianjin, China. An 88-story hotel and condo tower will feature the 350-room MGM Grand Tianjin, 50 Skylofts at MGM Grand, and 60 luxury condo units. The project will also include an office tower. Beijing architecture [...]
According to CNNMoney.com last week, the NFL Network and Walt Disney Co.’s ESPN are in talks about forming a partnership. A deal could end a long standoff between the league and cable carriers, some of whom said the NFL was asking them to pay too much for its programming; the NFL-owned channel has reportedly struggled [...]
Strategic alliances are much more than just a gesture of mutual goodwill – they have become a necessary tool, whether it’s to strengthen social responsibility credentials, pursue complex R&D projects, or simply grow in ways that one company can’t manage alone. Click on the link for a series of articles culled by BNET on the finer [...]
You spend months creating a product, designing a website, and having copy written and tested. You spend countless hours schmoozing joint venture partners. Then your launch day comes, you “push the button” and… The silence from lack of orders is deafening. Welcome to the persnickety world of joint ventures — in this context, more accurately [...]