In this blog, you’ll find an overview of strategic business partnerships. Here’s what you can expect to learn:
- What is a strategic partnership?
- What makes a good strategic partnership?
- How to create strategic partnerships
- What are the benefits of strategic partnerships?
Let’s begin with the first question and define a strategic partnership.
What Is a Strategic Partnership?
In business, what is a strategic partner? A strategic partnership is an arrangement between two or more companies that agree to support each other in an effort to help both parties succeed. Strategic relationships are normally formed between non-competing businesses, sharing resources and leveraging key assets with the mission to…