Strategic Alliances
...alliance as well as the impact that it has on the human resources environment. Several articles related to strategic alliances and the factors behind their successes and their failures have been selected to help analyse their importance in the new business world.
In order to understand the situation within a strategic alliance, I will present a definition, and the advantages and inconveniences that they offer in contrast with other alternatives. Also, I will define the difficulty of directing and managing a strategic alliance, in which one has to control and co-ordinate the resources of several firms, the challenges existing when the alliance is operating on an international scale and the differences between national and corporate cultures.
I will mention the effect of asymmetries in strategic alliances on the realization of the goals and purposes of the alliance; the result of the challenge brought about by global competition and the changing emphasis on research and development (R&D).
Finally, I will suggest that internal tensions account for the instabilities of strategic alliances. Alliance instabilities refer to major changes or dissolutions of alliances that are unplanned from the perspective of one or more partners (Inkpen and Bearmish 1997).
Strategic Alliances
Psychologists Sue Cartwright and Cary Cooper use the metaphor of marriage in describing varying types of organizational combinations. They liken a strategic alliance to two people living together; the partnering individuals or organizations are content to accept each other as they are and all the while determined to maintain their independence. Rather than wishing to impose change or compromise, the partners see the relationship as essentially supportive, with differences and idiosyncrasies tolerated and frequently seen as desirable and beneficial to the long-term continuance of the...
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