23 August 2006

Partnering for success

No matter what industry you are in these days, to move ahead, one of the key concepts is finding the correct partner.
Just take a look at Ford. They are now in the process of looking at potential partners.
Ford’s Chief Executive, William Clay Ford Jr. met with Carlos Ghosn, the chief executive of Nissan in Japan and Renault of France. Don’t forget Ghosn met with GM a few weeks back. The automakers already know working with any form of a partner is a sure way to move forward.
Let’s face it, when it comes to business today partnering is the new model. Working alone is almost impossible. Even the mighty General Electric has partnered with a few companies to keep moving forward.
I will say though, it takes a strong leader to forge a partnership. That head of the company in many cases will most likely have to deal with a board mired in the past that thinks the old way of doing things is the way to go.
How do you go about changing minds and old style thinking?
Talk to me.

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