Managing strategic partnerships | McKinsey
Mar 21, 2019 · Adhering to four key principles can help companies manage strategic partnerships and increase the odds that their collaborations will create more value over their life cycles.
Harnessing the power of partnerships to thrive in turbulent times
Dec 1, 2022 · A winning partnership strategy looks beyond deal close to the relationship that will follow. How will you resolve issues, manage conflict, and even exit the partnership if it stops making sense? Setting a sound strategy requires partner alignment around the answers to three questions: What should the partnership achieve?
Partners in profit: Creating successful business alliances
Jan 3, 2020 · In this episode we talk to two of our experts about ways to make joint ventures and alliances more successful. The better companies do at managing such increasingly complex partnerships, the more likely they are to emerge as partners of …
Partnering to shape the future–IT’s new imperative | McKinsey
May 11, 2016 · According to the newest McKinsey Global Survey on business technology, IT organizations that play a partner role—that is, actively collaborating with the rest of the business to shape an overall business strategy that effectively leverages technology—tend to perform better on a number of dimensions, including the delivery of core services ...
Will strategic partnerships in private equity become more common ...
Apr 25, 2018 · The use of strategic partnerships in private equity remains relatively limited. But as private markets continue to rise, that may be changing. In this video, McKinsey partners Bryce Klempner and Matt Portner discuss what such partnerships entail, the benefits for external managers and limited partners, and the effect they could have on fundraising.
Healthcare transformation: The value of partnerships | McKinsey
Aug 11, 2022 · In this article, we explore how the healthcare industry can achieve real transformation in the face of new challenges by adopting unique partnership models.
A winning partnership: Financial institutions and strategic suppliers ...
Nov 3, 2016 · These moves raised new strategic and operational dangers, which both the institutions themselves and their regulators increasingly recognized required robust management. Consequently, the procurement function at many financial institutions focuses on balancing the twin priorities of value and risk.
Building strategic alliances with gen AI providers | McKinsey
May 22, 2024 · Conduct a strategic gen-AI-alliance audit to assess current strategic alliances and identify gaps, redundancies, or misalignments with the gen AI strategy. Determine which strategic alliances to maintain, expand, or phase out based on their potential to spur business value.
Higher ed M&A: Strategic alliances in a shifting landscape
Jul 20, 2023 · In this article, we outline the rising pressures facing higher ed, explore the broad types of partnerships and alliances in the sector, offer important considerations for leaders who are weighing M&A activity, and share insights gleaned from colleges and universities that have engaged in successful alliances.
Taking supplier collaboration to the next level | McKinsey
Jul 7, 2020 · The buyer and supplier align on short- and long-term business objectives, set out mutual targets, and jointly develop plans to achieve objectives. Areas of opportunity for collaboration include growth, innovation, productivity, quality, and margins (see sidebar, “Joint business planning”).