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25 Truths about Joint Ventures: Insights from the 2018 Joint Ventures Conference

The Conference Board, Inc., 13 pages, June 12, 2018
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Joint venture are complex, but they can work if you don’t rush the deal and take the time to develop trust and understand your partners.

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Companies are entering into more joint ventures than ever before to keep up with the pace of innovation. Such deals are complicated and can have a low probability of success. To help the deal succeed, make sure you choose partners who have a shared mission and vision, spend time during the negotiation stage planning how to handle exit strategies and things that could wrong, and put a lot of care in choosing board members. Also keep in mind that joint ventures are iterative and will change based on changes at parent companies and in the external environment.

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