Published by:
Harvard Business Publishing
Length: 7 pages
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Abstract
Global strategic partnerships (GSPs) are a new way of doing business. These partnerships exploit world markets and technical expertise simultaneously. U.S. antitrust attitudes as well as traditional American business strategy can be obstacles to GSPs. A successful GSP has: a dual sense of mission, a cooperative strategy, egalitarian governance, a common culture, and a single organizational structure. Because GSPs are the way of the future, U.S. executives need to make fundamental changes in the ways they think about business.
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Abstract
Global strategic partnerships (GSPs) are a new way of doing business. These partnerships exploit world markets and technical expertise simultaneously. U.S. antitrust attitudes as well as traditional American business strategy can be obstacles to GSPs. A successful GSP has: a dual sense of mission, a cooperative strategy, egalitarian governance, a common culture, and a single organizational structure. Because GSPs are the way of the future, U.S. executives need to make fundamental changes in the ways they think about business.