JV On The Rocks
- Topics:
- Deal Structure
- Tags:
- CFO Publishing Corp.,
- Human Resources,
- Management,
- Performance Management,
- Strategy,
- Venture,
- Workforce Management
- Source:
- CFO Publishing
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Overview: Without plenty of attention and TLC, a joint venture may well run aground. A joint venture really is like a marriage. For both, good communication between partners is essential. Goals should be mutually agreed on and a little passion helps. As for the darker side of the matrimonial comparison, many ventures, too, succumb to real-world temptations. Further, even if they do not end outright in divorce (corporate-style), JVs often drag through years in an unproductive state. This article gives an insight into the perils of JV. It mentions that there is much to be learned, though, from companies that understand the perils of venturing, and govern alliances with discipline and the desire to measure venture performance properly.
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Format: HTML | Date: Jun 2003 | Pages: 3
