Business Partnerships Strategic Alliances Business Architect   Joint Ventures (JVs) Sharing Capital, Technology, Human Resources, Risks and Rewards Vadim Kotelnikov L-Creator           In a joint venture (JV), two or more "parent" companies agree to share and synergize capital, technology, human resources, risks and rewards in a formation of a new entity under shared control.     Successful Joint Venture Benefits Difficulties Checklist International JV Business Partnerships 4 Ps Trusted Partners Structuring Agreement     Why Joint Ventures? Joint ventures are becoming an increasingly common way for companies to form strategic alliances because there are good business reasons to create a JV with a company that has complementary capabilities and  resources, such as distribution channels, technology, or finance.   International JV Operating a joint venture with a foreign partner requires time, resources, and cross-cultural skills. Cultural intelligence and strategic thinking can be the prescription to avoiding errors in cross-cultural projects... More   Cultural Differences East vs. West Leverage Diversity     Coaching by Example   INNOMPIC GAMES United Nationals − our global joint venture       3 Partnership Secrets  ▪ 10 Key Features of Effective Partnerships     Prepare a Business Plan To maximize the chances of success, the prospective joint venture partners should first jointly prepare and agree on a business plan ─ even before signing the joint venture agreement. It will enable each party to judge the other's expectations, level of interest, management style and experience... More Startup Business Plan   Common Reasons for Joint Venture Difficulties The joint venture partners possess disparate, different and often conflicting, → corporate cultures and operational styles... More   Why Cultural Intelligence  ▪ 10 Main Patterns of Cultural Differences      Preparing a Joint Venture Agreement "Good fences make good neighbors." ~ Robert Frost A good agreement is critical to success of your venture. Once the business plan is finalized, preparing the joint venture agreement becomes much easier. Using a joint venture check-list will also help you prepare a sound joint venture agreement. A preliminary MoU Between Joint Venture Partners            Venture Management Governing Structure Reasons / Causes of Failure Performance Management Building Synergies Cross-cultural Management Getting People Issues Right HR Strategies & Actions Leverage Diversity        Love breeds love. Love users of the product you create, and they will love you back. Vadim Kotelnikov       THANK-YOU messages from users of e-Coach Your business site is overwhelming! I reside in Philadelphia, USA. I am a project management specialist working to build a consulting career in managing joint ventures in Africa. Robinson Akiri USA This site is a university on management in the net. Sharan Saravanan India E-Coach! Don’t ask me what’s here because the answer is, Everything. And lots of fascinating original stuff too. I was particularly attracted to models called “The Jazz of Innovation” and “The Tao of Business Success”. In fact, there’s so much that it’s the sort of site that is sure to brighten up your day. Brilliant! Eric Garner UK