Strategic-alliance

The Strongest Link provides a proven approach to sustaining SUCCESSFUL strategic alliances. This is a must-read for individuals who want to learn more about corporate alliances and for corporations looking to ensure a successful transition when committing to an alliance. An overall great read.

The Strongest Link, a treatise on the management of corporate alliances by George Slowinski and Matt Sagal, has come towards the end of my career. This is too bad, since it is an excellent and comprehensive book on this topic, building on the twenty years of experience that the authors bring to the topic.

Based on this extensive experience gained from working on dozens of alliances, they have developed an "Alliance Framework" that covers the topic - from deal conception to the termination clauses. This systematic structure, using a six-step process, covers the process from end to end, and the text is full of useful advice on almost every aspect of success and potential failure. Given the extensive experience of the authors, they have seen just about everything that could and does happen, and developed scenarios to both exploit opportunities and counter challenges.

The authors admit that "creating and managing strategic alliances is an art" - but to help the "struggling artist" they have crafted an excellent how-to book. Despite their protestations that their Alliance Framework is "not a step by step check list", any alliance manager could do much worse than follow its advice to the letter.

The book is not an easy read. It is not to be skimmed on a flight to Tokyo. Rather the serious alliance manager will lock themselves in their office with pen and pad, and pour over the book page by page, to get the full benefit of the wealth of experience that the authors bring to the subject.

The book could benefit from more detail on individual deals. While the authors have distilled the essence of their multiple experiences, the readers could better learn from individual and practical examples. Although confidentiality is always as issue, whatever can be done describe real examples beyond the Battelle alliance, would significantly enhance the value of the book.

Most books on alliances give broad advice or a 50,000 foot view of the topic. This book is different. It provides practical tools. My team now uses the Alliance Framework and Alliance Implementation Program to create and manage our deals.

Foundation News and Commentary
July/August 2001
Vol. 42, No. 4

Review by Beth Brown

We all want to partner. We all speak of collaborative spirit. But when the rubber meets the road, what does collaboration really entail, and what's the difference between a deal and an alliance?

James Austin breaks down the notion of collaboration into a must-read users guide for any organizational leader embarking on a collaboration. And although the book is geared toward corporations and their nonprofit partners, many of the lessons are universal and can be applied to any individual or organization considering a joint venture, be it a marriage or cross-sector alliance.

Austin notes the role serendipity and personal relationships plays in introducing partnerships-a conversation in a coffee shop or during a long plane ride-often sparking the "ah-ha" moment leading to the realization that a corporation and a nonprofit have what Austin calls mission mesh. The organizations' leaders can see how their visions' core competencies can make a whole greater than the sum of its parts. Through in-depth and candid examples from partnerships, including those between Starbucks and CARE, Timberland and City Year, and American Eagle Outfitters and Jumpstart, Austin chronicles the necessary, and often awkward, stages businesses and nonprofits pass through in order to become strategic partners.

Austin has a healthy skepticism for the ease of collaboration. He often likens it to dating, and as with a courting pair from different countries, he sees the cultural and values barriers between the sectors as the greatest obstacle to collaboration. The corporate leaders he interviews are open about the fact that their bottom line is to make a profit and a partnership can often assist their public relations efforts.

For the nonprofits, there is greater accountability held when working with corporations, and sometimes the social value nonprofits generate is not easily quantifiable. In addition, each can be associated with the mistakes of the other. However, the payoff is that one can also be associated with the success of the other and be exposed to new audiences-potential customers for the business, future partners for the nonprofit.

One interesting observation Austin makes is the inherent noncollaborative nature of a philanthropic relationship (it is the lowest on the collaborative totem poll). Although he does not single out foundations, he characterizes the giving of money by one organization to another as an exchange of resources for warm fuzzy feelings. Among philanthropic relationships, the venture philanthropy approach seems to offer a model of partnership similar in the level of engagement to the examples mentioned in Austin's book.

The details from the examples and extensive quotes of philanthropic and business leaders, such as Aaron Lieberman of Jumpstart and Jeff Swartz of Timberland, give the reader an insider's view of what went into the partnership. At the same time, the book is filled with simple big-picture truths such as "serious relationships, organizational and interpersonal, should not be rushed." That's a helpful notion to remember with everyone so eager to jump on the partnership bandwagon. Austin reminds us that having and keeping a partnership is not the end all-adding value is the goal and sustainability does not necessarily equal effectiveness.

Austin's greatest contributions to fostering collaboration are the tools the book includes: questions, checklists, continuums-cheat sheets for collaboration-that would be an asset to any leader considering partnership. In addressing the questions he poses, Austin leads potential collaborators through the development of a partnership purpose.

The final chapter of the book contains a complete conceptual framework for collaboration that seems universally applicable to any partnership. These "Seven C's of Collaboration" include Connection with Purpose and People, Clarity of Purpose, Congruency of Mission, Creation of Value, Communication Between Partners, Continual Learning, and Commitment to the Partnership.

So let's all take a cross-sector breath before claiming our next partner and take the messages of James Austin's book to heart and practice.

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Beth Brown is the director of Public Policy and Emerging Issues at the Council on Foundations.

At the Independent Sector's annual meeting in Atlanta on November 6, Professor James Austin of the Harvard Business School's Initiative on Social Enterprise was awarded one of The Virginia A. Hodgkinson Research Prizes for 2001for his book The Collaboration Challenge: How Nonprofits and Businesses Succeed Through Strategic Alliances. The two Prizes recognize outstanding published research that furthers understanding of philanthropy, voluntary action, nonprofits, and civil society in the United States and abroad. The Prize Selection Committee is comprised of five senior academic researchers and practitioners and is chaired by Professor Howard Tuckman, Dean of the Business School at Rutgers University. The prize is named in honor of Virginia Ann Hodgkinson, who is renowned worldwide as a driving force behind the development of research on the nonprofit sector and voluntary action.

This is timely management book should be read by all those interested in leading, or advocating, a strategic alliance between a business and a non-profit, or by those who are already involved in such an alliance.

The issues covered by the book are very topical. Strategic alliances have become increasingly important to organizational survival. In addition, some organizations, including businesses, recognize that, for the long haul, they need to be in closer harmony with deeper aspirations of their customers, employees and shareholders. Others oppose such approaches as a dangerous temptation to fuzzy thinking and conflicted agendas. Yet others view the non-economic motives of their constituents as only relevant to marketing campaigns or high-minded mission statements.

This practical book addresses these opportunities and challenges systematically and with insight. It doesn't push quick fixes or high-risk strategies, but rather presents processes and analytical frameworks that support sequential acts of collaboration.

The author is a good teacher and effectively uses case studies to support his recommendations. His approach is practical and recognizes the reality that every relationship involves an exchange of value. His emphasis is on having clear agendas and then searching together for common outcomes built around relative strengths.

Due Diligence for Global Deal Making is one of the most enlightening and comprehensive books of its kind. Editor and contributor Arthur Rosenbloom has identified a group of thoughtful, experienced due diligence practitioners who describe the process from seven different points of view. The process is covered both from an in-bound and an out-bound standpoint. Despite the diversity of perspectives, the book maintains a consistent style and voice and refrains from undue repetition.

Each of the seven substantive chapters looks at a business using a slightly different lens: strategic, operational, financial and accounting, legal, tax, organizational and, oddly but perhaps most interestingly, the Internet. Scattered through the chapter are cautionary tales of what can go wrong in the real world if the practitioner or the client cuts corners. At the end of each chapter is a series of charts and lists which sets forth the subjects of investigation, often with indications of where to find the information or how it is important to the evaluation of the target.

For anyone who has to conduct, supervise or coordinate due diligence, this overview is remarkably helpful. For the young attorney, accountant or business strategist, Due Diligence provides a veritable Bible for his or her own due diligence. But more importantly, the book informs the reader how the information gleaned fits into the overall process.

Rosenbloom's brief but enlightening look at the due diligence world post 9/11 is among the most compelling parts of the book. This section alone can be worth the price of the book. The possible effects of terrorism or war on a business, in concrete terms, or on the material adverse change or force majeure clauses of a contract are sobering and helpful.

Describing due diligence from seven points of view and then domestic and foreign aspects on top of that is a tall order. This informative book is a remarkable, and even entertaining accomplishment...

As with marriage, the success rate for global deal-making should give the wise investor pause. Most such mergers and acquisitions do not increase shareholder value. Even with the fallout from the burst bubble still landing all over the place, the juggernaut of globalization is such that international deals still manage to engender a lot of passion; it seems the grass is always greener on the other side of the border. Business leaders know that sometimes the riskiest move is the one they decide not to make, since a good strategic acquisition can ensure your company's survival. For these reasons, interest in cross-border transactions will probably remain strong, as industries consolidate and as global economic barriers collapse. However, deals that involve foreign accounting and legal practices can be absolutely perilous without expert professional guidance. This clearly written, thorough compilation can help you avoid making a bad decision and improve your odds of success. We from getAbstract strongly recommend it to anyone involved in (or considering getting involved in) global deal making.

Doing mergers and acquisitons that create value for shareholders is harder than ever. It is even more difficult to do this in a multi-national environment. The compelxities of tax, accounting, securities laws and the regulatory differences add enormous complexities to the already huge challenges of just getting the stragegy right and executing it!!

This handbook, Due Dilignece for Global Deal Making, dramatically increases the odds of doing a deal better. Many experts believe that deals are made or broken in the due diligence phase. That is is where you figure out how much to pay, and the valuation is totally dependent on what you find out and what questions you ask.

This book covers it all from strategic imperative to tax rules. It also has an excellent chapter on my own area of expertise, people and organizational fit. I found the section on beginning to evaluate the fit of the corporate cultures particularly helpful. We think the success of true mergers are highly influenced by the cultural fit.

I would highly recommend this book to anyone practicing in this area, regardless of their area of expertise, as it gives them context for all of the other important, areas.

Enjoy this book. Be gripped by it. Learn from it. I did all three. LEADING AT THE SPEED OF CHANGE is a different kind of business book: it almost reads like a novel. It's a riveting tale of vision, courage, and perseverance, with action guides after each chapter to nail the main points and help you be the hero of your own business story. Authors Capodagli and Jackson cheer Rick Roscitt and his maverick AT&T Solutions team as they Dream, Believe, Dare, and Do their way to phenomenal start-up success. AT&T CEO Mike Armstrong is praised for blessing and nourishing the breakaway unit, and he is also fairly and frankly assessed for re-shaping the corporation into a global communications one-stop shop, and then recently dividing it into four parts. Throughout, Capodagli and Jackson are passionate but clear-eyed observers, and masterful teachers, too. This will be no surprise to readers of their previous books THE DISNEY WAY and THE DISNEY WAY FIELDBOOK which established their business-as-show business approach. In the close, overstuffed warehouse of business books today, Capodagli and Jackson are a welcome and invigorating breath of fresh air.

In Leading at the Speed of Change, Capodagli and Jackson combine artful storytelling with hard hitting facts about AT&T and its prize division, AT&T Solutions. The book begins with a flashback to 1993, where AT&T vet Rick Roscitt had a profound vision. And from this creative burst of business energy he, and a team of 12, pioneered Solutions into a model that can potentially alter the way things are done throughout all of AT&T. In a time where AT&T bashing is the norm, it was refreshing to read this book and find a bright spot. But don't think that Capodagli and Jackson were blind to what was happening just down the road. In fact, they pay considerable attention to the impending break up, and what CEO Michael Armstrong and AT&T could have possibly done to avoid this fiasco. In this chapter, I also found that it served as a wake-up call to any business. A small organization can falter as well (or perhaps more easily) from the same mistakes made by this telecommunications behemoth. Capodagli and Jackson rely on their management consulting background to provide criticism as well as prescriptive advice, breaking things down into eight simple, but essential, categories: Vision, Values, Alliances, Acculturation, Predictable Problems, Failing Forward Fast, Quintessential Teams, and Customer Intimacy. For those of you unhappy with the status quo, from the corporate CEO to the small business owner, Leading at the Speed of Change is a must read.

Read this book. Enjoy it. Be gripped by it. Learn from it. I did all three. LEADING AT THE SPEED OF CHANGE is a different kind of business book: it almost reads like a novel. It's a riveting tale of vision, courage, and perseverence, with action guides after each chapter to nail the main points and help you be the hero of your own business story.

Authors Capodagli and Jackson cheer Rick Roscitt and his maverick AT&T Solutions team as they Dream, Believe, Dare, and Do their way to phenomenal start-up success. AT&T CEO Mike Armstrong is praised for blessing and nourishing the breakaway unit, and he is also fairly and frankly assessed for re-shaping the corporation into a global communications one-stop shop, and then recently dividing it into four parts. Throughout, Capodagli and Jackson are passionate but clear-eyed observers, and masterful teachers, too. This will be no surprise to readers of their previous books THE DISNEY WAY and THE DISNEY WAY FIELDBOOK which established their business-as-show business approach. In the close, overstuffed warehouse of business books today, Capodagli and Jackson are a welcome and invigorating breath of fresh air.

Great book! Partnering is the way to do business now and in the future. The book is a fine collection of tools and strategies in leadership and management. It's educational, inspiring and engaging at the same time. A must read for anybody who manages fast pace, competitive businesses

This is a book for people who are concerned for building a better future. As someone who has spent a great deal of time studying leadership, I find the focus on doing it better that is found in this book to be quite refreshing. Here we move beyond evolutionary changes to ideas that are quite revolutionary. This is not a book about maintaining the status quo power structures. This is a book about creating new leadership styles where partnership with knowledgeable workers will be needed to ensure organizational success.

The command and control style of leadership is coming to an end. For a leader to succeed in the future they will have to rely on their ability to pull together the talents of many individuals. This will be a leader who respects others, who helps coach and develop real talent, who shares success, and who continuously reinvents her/himself. The book gives us hope for a future where we can be productive without sacrificing our humanity.

The books 30 essays by 42 thought leaders are works derived from a passion for helping others. The inspiration for this book comes from an awareness for new leadership made more apparent by the events of 9/11. All of the royalties from this book will go to help the victims of that tragic day.

This book is great "airplane" reading. Each chapter is self contained --- usually about 10 to 15 pages, and written by world renowned experts in their field. Partnering is the common theme, but the authors cover a lot of territory.

This book is timely and relevant to today's environmnet. I especially like the idea that all the authors (as if these people need the money) are donating the royalities from sales to the victims of September 11, 2001.

Brilliantly written, "Trusted Partners: How Companies Build Mutual Trust and Win Together" contains all the essential directives for building, sustaining, and harnessing the succulent fruits of a harmonic coalition.
This 319-paged book is an exhaustive compilation of both ideas and pieces of advice. Its logical arrangement ensured that all those crucial information remain dynamic. This is an important text for anyone who is into (or tends to go into) any form of corporate alliance or similar association.
Every important ingredient required for building, improving, and nourishing partnerships is in this book. Most of them were illustrated with examples.
This is a sound Management book. It is all about winning. Almost perfect! But I did wish that it provided clues on how to constructively repair a partnership that has been damaged by egoistic tendencies.

Lewis has ventured into governance territory where few have trod--for example, asking how to structure boards of various types of alliances. To my knowledge, no other book has this type of material, which makes this book an excellent choice for corporate directors. (I am familiar with this audience, because I am the Editor-in-Chief of Director's Monthly, the official newsletter of the National Association of Corporate Directors, Washington, DC).

The basic premise is obvious: There can be no solid"partnerships" without trust. As the subtitle indicates, Lewisexplains "how companies build mutual trust and win together." It is imperative that individuals be worthy of trust. They must earn it and then sustain it with behavior based on core values. We all know that values derive from character (or the lack thereof), that values determine attitudes (both negative and positive), and that such attitudes are revealed by behavior.

My guess is that those in greatest need of this book will encounter the greatest difficulty when attempting to follow Lewis' suggestions. "Trust is at the heart of the knowledge economy....Rather than being a matter of blind faith, trust must be cone step at a time. Further, building trust between organizations is all-encompassing. It involves their people, politics, priorities, cultures, and structures." Organizations become untrustworthy when those within those organizations are untrustworthy. Over the years, all of us have been victimized by fraudulent claims, intentional misrepresentations, corrupt "politics", "a hidden agenda", broken promises, etc. If trust is to be built between organizations, there must be interpersonal as well as intrapersonal relationships based on trustworthiness.

Lewis's book is divided into three parts: Trust Leads to High Performance, Alliances with Key Partner, and Tools for Trust: A Guide for Practitioners. He follows a step-by-step process within each part, providing an abundance of observations, suggestions, and caveats. Who will derive the greatest value from this book? Here are my nominees:

1. Decision-makers who have the authority (not simply the responsibility) for their organization's cultural transformation.

2. Owners/CEOs of start-ups who are committed to building trust as well as sales and profits.

3. Those involved in M&A initiatives whose due diligence includes evaluation of cultural capital as well as material assets.

One of the book's most valuable sections (Chapter VII in the Third Part) summarizes "actions that establish trust-building habits." Note the use of the word "habit." Lewis is quite correct when insisting that time and effort are required to build and then sustain trust. Conversely, trust can be quickly compromised by a single act betrayal.

In this final section, the "trust-building habits" are classified as follows: Trust Conditions; Recruiting, Training, and Rewards; Management Behavior; and Other Activities. Once you have read the book, selected what is most appropriate to your own organization, and then begun the difficult task of implementation, it would be a good idea to re-read Chapter VII in the Third Part. The counsel Lewis provide will help you formulate your own tasks and objectives within the framework of the eight trust conditions and related practices.

If those within your organization are unwilling and/or unable to make a sincere and steadfast commitment to building and then sustaining trust, find another organization. And consider this fact: The companies which dominate their respective industries are the same companies which are rated the best companies to work for. Coincidence? I don't think so...and neither does Lewis.

As a psychologist and organizational consultant, I found Dent's work to be quite comprehensive and in a way that is easy to read, understand, and apply. He appropriately touches on everything from the JoHari Window to group stage development in his effort to educate his reader and to facilitate better partnering. I look foward to using this work as I train and consult with businesses, non-profit organizations, and student groups alike!

I liked Partnering Intelligence for three main reasons: 1.I believe the principles Steve Dent espouses. I think they are true and I know they can work. 2.I appreciate the clear examples used throughout the book to show how the ideas are translated into the workplace. 3.The many tools and assessments that Steve includes are a great model of his own desire to partner with the reader by offering practical ways that the ideas can be put into practice by others.

I know that I will be using the materials in this book to good effect in my consulting work over the next few years. Thanks to Steve for his hard work in putting together this excellent field-guide to building effective partnerships.

Creating and maintaining strong partnerships is critical in today's economy. This book gives solid advice on how to develop successful partnerships. Whether you work for a business, non profit organization or in government, learning how to find and develop potential partners has become essential. This book provides the road map to developing and maintaining successful relationships and has helped me do my job better.

I have been involved in private equity, acquisitions, and joint ventures for the last several years, and bought this book to learn more about other types of deals, such as e-commerce partnerships, etc. Given the multiple five star ratings for this book, I expected quite a read. Unfortunately, although the book is fairly informative, I cannot say that it imparts anything that could not be gained by an attentive reading of the business press--just a chronology of various deals along with their rationale. I would say that this book would probably be quite useful for a novice or someone that doesn't keep up with their business magazine subscriptions.

Excellent framework for business development analysis from market overview to deal implementation. Terms for some sample deals are provided, but wish even more was written on deal structure specifics. The book covers turf not previously explored and advanced my professional thinking. Very useful.

If you 'do' strategy, if you 'do' planning, this is a must read for you. Time is, without a doubt, the most perishable asset on the planet. Where and with whom we spend our times now defines our social and workplace identities. The efficacy associated with our use of time charts our career trajectory. Spending time 'strategically' on 'strategic issues' is what executives are supposed to do. In almost two decades serving as trusted advisor to executives, I have never heard an executive say, 'We have no time for strategy." Having huddled around my fair share of top-of-the-house campfires, I find that as the libations taken at CXO watering holes loosen tongues and the executive elders start to tell stories, the most memorable narrative emerging revolves around a review of past decisions. I have heard, stated quietly and in confidence, "We focused on the wrong things. We made the wrong decision." The payback on time spent strategically was, in many instances, negative.

Is time spent strategically a bad thing? Is strategy dead? Was time spent on strategy wasted? Does strategic planning have no place in our time-crazed, execution-obsessed New Economy? In 1983, the uber-executive of our age- General Electric Chairman Jack Welch dismantled the company's once heralded planning department. We have empirical evidence that those spending the most on traditional forms of resource-centric 'strategy consulting' [the cerebrally challenged SWOT - Strengths, Weaknesses, Opportunities and Threats dance] performed the poorest in the market place. The biggest strategic planner of them all, the Soviet Union appears to have just about finished its pre-Millennial journey from totalitarianism to disintegration. Strategy is not dead, but it had certainly fallen out of favor. Few companies don't have strategic plans. Yet few devote the resources to them they used to. Most disturbing, is that efforts to fix the problem, often had the effect of making things worse - or at least making them bad in a different way. Crusades and reforms intended to reinvent, relaunch and reposition the practice strategy have failed.

Lewis Mumford divided history into epochs characterized by their power sources. Traditional strategy tended to emphasize a focused single line of attack, executed by a single economic enterprise- a clear statement of where, how, and when to compete. Noticeably lacking was the question of 'with whom?' The new power source in the New Economy is the ability to assemble the most resource-rich, market-savvy, technology-gifted, fleet-of-foot, known-and-trusted-by-the-consumer armada of partners. The way you do that is the subject of Digital Deals.

No book can promise infallibility. No book can guarantee that good decisions will be made. This book will help you spend the time you can allocate to strategic thinking more efficaciously. As such, this is not a coffee-table book. This is not a Great-Title-No-Content book. This is not a Good-article-unbelievable-they-stretched-it-into-a-book-book. This most definitely is not a I'll-buy-it-but-I-won't-read-it book. Digital Deals is the new, new thing in strategic thinking. Using the framework in Digital Deals to analyze the ur-protangonists of our evolving New Economy [Cisco, Intel, Microsoft, AOL, AT&T, Amazon] I experienced something akin to the joy that must have accompanied Galileo's use of the telescope to study the heavens or Robert Hooke's (1635-1703) use of the microscope to study bacteria. The tools contained in these pages will let you see new things. It will simplify what heretofore has been an incoherent jumble of pieces parts. This book has helped me understand the players, the deals and the deal rationales of the market I work in - digital security and privacy. As I read the book, I continued to ask myself whether the two Georges were adding words to the existing vocabulary of strategic planning or creating a new grammar into which the old words might be conjugated. There is no doubt that the process of market modeling described within these pages fundamentally changes the types of conversations we will be having as we try to plan our respective futures.

M&A, the strategy of choice for CEOs in the 1990s, is being relegated to the dustbin of history by partnerships, the flexible, efficient alternative for a global market. As such, executives must learn a new set of skills that focus on creating, strengthening and maintaining relationships. These abilities are the antithesis of the hard-nosed deal-making tactics you learned in business school.
The authors take the concept of partnering farther than many businesspeople will be willing to go when they suggest sharing their business secrets and ideas with everyone from hot start-ups to venerable competitors. But we [...] recommend this short, concise book to high-level executives in need of a partnership primer.

The Power of Two is a must read for any alliances professional!

I gave my only copy away, thus some thoughts from memory! We are preparing the first national awareness and research-fundraising campaign for both Alzheimer's and Parkinson's, the two largest (and closely related) degenerative, neurological diseases. Sadly, after 4,000+ hours of my volunteer labor plus another 5,000+ hours of selfless contributions from 36+ volunteers nationwide, since August 1996, we have not found one organization that even comes close to believing or practicing "The Power of Two". Fortunately, we have found and built lasting relationships with INDIVIDUALS that believe and practice the all-important principles explained eloquently, yet in plain English, by the authors of Power of Two. The Power of Two is now required reading for our leadership and for leadership of any organization hoping to associate with us. This powerful book really should be considered by all CEOs of for-profit and non-for-profit organizations as a litmus test for all prospective alliance or JV partners, as well as suppliers and associates; i.e., if others don't qualify as Power of Two participants (and the authors explain how to easily make this determination), then don't waste any more time in "exploring a relationship" or "furthering business discussions"...cut your losses and move on until you locate a Power of Two organization or individual. We have the authors of this essential book to thank for finally giving us a road-map of how to select partners (of all sorts really) and then how to make the partnership or alliance, etc. WORK. How to maximize results. How to stay accountable with all concerned. And how to know when the Power of Two relationship has served its purpose (or not done so), and thus should end. Our mission is to discover how to prevent and control Alzheimer's and Parkinson's by the year 2011. To do so will almost certainly require hundreds of millions of strategically-placed medical research dollars. But most importantly, any sizable task in today's world, including the awesome challenge our Foundation is dedicated to, must be accomplished on a firm foundation of trusted, reliable, empowering, energizing and synergistic RELATIONSHIPS. The Power of Two shows us the way. To all leaders or would-be leaders, if you only read three books this year, make sure this is one! And finally, I am not related to, nor have I met, The Power of Two authors! And I own no stock in Anderson Consulting or the book's publisher!

Although it is a little dry, this book is clearly one of the few business books that I have found worth reading. Clearly, the author understands how complex organizations can succeed. His perception of the business future is very interesting.

This book was key helping me to structure my ideas to develop an e-commerce business based on strategic alliances.

The author addresses the central issue of how to deal with the emergence of networks of companies acting as a single, powerful, enterprise. One of this book's key deliverables is the detailing of HOW to build a relationship enterprise (alliance formation methodology). Another central point is the shift from episodic alliances to long-term relationships. The author also examines the new role of leadership in an alliance, lacking traditional managerial control, as well as the new role of the CEO and directors. Additionally, Freidheim delves into both pessimistic and optimistic scenarios for a 21st Century of relationship enterprises. An intriguing exploration of strategy and leadership in the emerging networked global economy.