(Guidance to Wealth) Successful Alliances - Raj Kapur

Raj Kapur - "Guidance to Wealth" - The Millionaire path

SUCCESSFUL ALLIANCES

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​Show Objectives 
Change your company instantly into an unstoppable overpowering force just by creating a strategic alliance with one or more suppliers who might include a unique piece to your plan, program or end-to-end offerings.

So here are a few things to evaluate:
What are my core competencies?
What are my consumer properties?
How bad is the performance as experienced by my customer/user?
What are the innovative upgrades desired by my customer/user?
How well are my rivals performing in areas where we are weak?
Where do we perform better than our rivals?

Types of Strategic Alliances
Joint Venture
Equity Strategic Alliance
Non Equity Strategic Alliance

The best strategic alliances are ones that offer clear benefits to the audiences of both brands. When a partnership appeals to both audiences, then the two businesses are able to expand their reach and generate more sales. It's a win-win strategy!

Examples of Successful Business Alliances

• Microsoft and IBM
• Starbucks & Barnes & Noble
• Hewlett-Packard and Disney
• Google and Luxottica
• Ford and Eddie Bauer
• Starbucks and Target
• Red Bull and GoPro
• T-Mobile and Taco Bell
• Apple Pay and MasterCard
• Spotify and Uber

BENEFITS OF STRATEGIC ALLIANCES

• Business Growth
• Increased Revenue
• Additional Value for Clients
• New Introductions and Referrals
• Enhance Your Value Proposition
• Offering More Specialized Services
• Skill Sharing

HOW TO CREATE SUCCESSFUL ALLIANCES

• Identify potential partners
• Research Potential partners in detail
•     Strategic Fit
•     Value Creation
•     Join Mission
•     Trust
•     Collaboration 
• Make the Call
• Identify Specific Opportunities - Brainstorm
• Establish budget - Revenue Goals
• Commitment & Implementation
• Analysis of the Alliance as you move forward

ABOUT RAJ
Coach | Mentor | Speaker | Non-Profit Expert | Published Author | Radio Show Host 
As an Executive/Leadership Coach Raj believes in building World Class “Super Leaders,” One Executive at a time.

Raj is the founder and CEO of Options Ahead, Inc. With his program “Guidance to Wealth - The Millionaire Path” he helps Coaches live their dream life by resolving their financial stress without just needing to make more money.

Raj leverages his 30 years of experience & success to help coaches & trainers on how to grow from 5 to 7 figures.

He helps them find their niche, market, clientele, capitalize on their strengths and help empower them to grow their business & monetize it. 

Raj is an Award-winning, C-suite leader and certified executive and leadership coach who has built, developed, and led large, globally competitive teams, provided transformational coaching to maximize productivity, improve staff morale, and inculcate powerful leadership skills — experience in for-profit and non-profit sectors. He leveraged leadership skills to transform struggling companies.

With over 30+ years’ experience and leadership wisdom backed by a toolkit of the world’s best leadership resources and cutting-edge techniques and ideas, Raj has leveraged proven leadership methods to develop super leaders that transformed not only themselves and their teams but also the entire organization at various levels.

Raj has led extensive workshops, seminars, coaching sessions, mastermind sessions, keynote engagements, and group and one-on-one coaching sessions. He has coached thousands of individuals during his career, created powerful instructional programs and courses. He has developed financial leadership programs, introduced leadership training, and Mastermind sessions at various organizations designed, developed, and led workshops on leadership, communication, and productivity across the country.

His corporate experience includes a background in managing budgets exceeding tens of millions of dollars, turning around companies, maximizing profits, and catapulting business success while working with CEO/board of directors.

Raj Kapur is an Executive Director with The John Maxwell Company. He is a Certified Coach, Teacher, Trainer, and Speaker, a certified DISC Trainer, and a published author.

Written by: Raj Kapur
www.RajKapur.com
http://www.millionaire-path.com/  | http://www.nonprofitedge.org/

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