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Strategic partnerships can significantly enhance a business strategy by providing access to new markets, increasing resources and capabilities, and fostering innovation. They can help businesses to expand their customer base, improve their products or services, and gain a competitive edge. Additionally, strategic partnerships can also provide opportunities for learning and development, and can help to spread risks and costs.
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Additionally, this slide can be used as a progress tracker to determine how far along a partnership is. For instance, has your organization identified the right points of access to partner groups, and if so, how far along into the research stage are you? Do you understand where and how a partnership can benefit your business? Edit accordingly to present to key stakeholders. (Slide 2)
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How do you select the right partners and pool the best resources? Mutually beneficial relationships with another organization can elevate growth, inno...
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