Why MBS in Strategic Partnerships?          MBS Introduction (slide show)          Order In-house MBS Training

 

Why MBS in Strategic Partnerships? Meaningful partnerships are the foundation for success. External forces operating outside your vertical position in one way or another have a major impact on your business. Partnerships is what enables many companies to make continuous improvements. Focus your firm's resources on what you do best and what creates sustainable competitive advantage and tap to the resources of others for the rest. To decide why, when and how to partner with others for complementary resources, weight the small amount of cost savings that doing non-core-competence tasks might bring against the distraction and investment that will be required to stay up to date over time. Growing Role of Partnership in the New Economy "Iconoclasm and creativity are now the keys to success", writes Mark Stevens. "For generations companies built moats between themselves and their competitors. Today the most successful companies build bridges. And that's only the beginning". Increasingly corporate leaders must adopt, practice, and orchestrate what appears to be conflicting policies, such as joint-venturing with competitors. "More and more, those who can examine the code, challenge it, and rewrite it for success in their companies, fields, and industries will be the leaders and role models".