Subject category:
Human Resource Management / Organisational Behaviour
Published by:
Darden Business Publishing
Version: 9 October 2013
Revision date: 3-Dec-2013
Length: 22 pages
Data source: Published sources
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Abstract
INTEVEP, the R&D unit of Venezuela's national petroleum company, entered into a strategic alliance with Honeywell's industrial automation unit. The goal of the alliance was to jointly develop and commercialize new technology. The case describes how both companies executed a plan designed to ensure that the alliance succeeded. This case is used both to explore the basic foundational elements of successful alliances, as well as to look more broadly at the process of partnering.
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Abstract
INTEVEP, the R&D unit of Venezuela's national petroleum company, entered into a strategic alliance with Honeywell's industrial automation unit. The goal of the alliance was to jointly develop and commercialize new technology. The case describes how both companies executed a plan designed to ensure that the alliance succeeded. This case is used both to explore the basic foundational elements of successful alliances, as well as to look more broadly at the process of partnering.
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