CEO's Guide to Strategic Alliances: A Presentation by Nicola Gelormino | 720

16 Feb 2025 β€’ 36 min β€’ EN
36 min
00:00
36:31
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"A successful alliance is built on trust, shared goals, and complementary strengths. When done right, it accelerates growth beyond what’s possible alone." – Nicola Gelormino On this episode of The Inside BS Show, Nicola Gelormino explains how strategic alliances can be the secret weapon for business growth, expansion, and efficiency. If you're a business owner or CEO looking to scale smarter, create mutually beneficial partnerships, and leverage alliances to enter new markets, increase revenue, and gain a competitive edgeβ€”this episode is a must-listen! πŸ’‘ What You’ll Discover Today βœ… What strategic alliances are and why they are a game-changer for business growth βœ… How to select the right partner for an alliance and avoid costly mistakes βœ… The different types of strategic alliances, including referral partnerships, product bundling, supplier agreements, and marketing collaborations βœ… Real-world examples of successful alliances (Nike & Off-White, Apple & Nike, Red Bull & GoPro, Starbucks & Pepsi) βœ… How to negotiate agreements, define roles, and structure partnerships for long-term success βœ… Key metrics to measure alliance performance and indicators that signal when to adjust or exit a partnership ⏱️ Episode Timestamps 00:00 – Introduction Nicola Gelormino sets the stage for why strategic alliances are a powerful growth strategy. 07:30 – How to Pick the Right Partner The importance of alignment, complementary strengths, and shared values in a successful partnership. 15:45 – Real-World Examples of Strategic Alliances How Apple & Nike, Red Bull & GoPro, and Starbucks & Pepsi leveraged alliances to dominate their industries. 23:10 – The Blueprint for Forming an Effective Alliance Step-by-step guide to defining goals, pitching value, negotiating agreements, and managing partnerships. 32:00 – Measuring Success and When to Exit Key performance indicators and warning signs that indicate when it’s time to pivot or move on from an alliance. πŸ”— Links and Resources πŸ“ Subscribe Via Email: GetInsideBS.com 🎧 Listen on Spotify: Inside BS Show on Spotify 🍏 Listen on Apple Podcasts: Inside BS Show on Apple Podcasts πŸ“ž Call Us: (305) 692-5531 Call to Action: If you enjoyed this episode, don’t forget to leave us a review at RateThisPodcast.com/insidebs

From "Inside BS Show with The Godfather and Nicki G."

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