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Growth Through Partnerships
26

LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

Jan 27, 2017

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Sam Martin
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Page 1: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

Growth Through Partnerships

Page 2: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

Biased Inconsistent Ineffective

Smart Fast Straightforward

Trussle- the very short version

Page 3: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

What Are Strategic Partnership’s Exactly?

Page 4: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

The collaboration continuum

Transactional Agreement

Strategic Partnership

Joint Venture

M&A

Page 5: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

What are their primary characteristics

● Long term commitment

Page 6: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

What are their primary characteristics

● Long term commitment

● Reciprocal

Page 7: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

What are their primary characteristics

● Long term commitment

● Reciprocal

● Shared Strategy

Page 8: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

What are they supposed to accomplish

“Created shared value through combined risk, funding and

resource”

Page 9: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

Why Bother?

Page 10: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

Moat building

Defensibility

Limited relevant partners

Switching Costs

Builds competency

Page 11: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

Defensibility

Limited relevant partners

Switching Costs

Builds competency

Cash

Predictable

‘Cash-kind’

Efficient

Cash = king

Page 12: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

Defensibility

Limited relevant partners

Switching Costs

Builds competency

Cash

Predictable

‘Cash-kind’

Efficient

Borrow credibility

Credibility

Brand-Building

New Company Jitters

SEO

Page 13: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

Why Partnerships Fail

Page 14: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

As many as 70 percent of strategic alliances fail*

Source: Mastering Alliance Strategy: A Comprehensive Guide to Design, Management, and Organization, 2003

Page 15: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

1. The Need Goes Unchallenged

Page 16: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

1. The Need Goes Unchallenged

2. Partnership Goals Not Laid Bare

Page 17: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

1. The Need Goes Unchallenged

2. Partnership Goals Not Laid Bare

3. Partner Incompatibility

Page 18: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

1. The Need Goes Unchallenged

2. Partnership Goals Not Laid Bare

3. Partner Incompatibility

4. Partnership Boosts Weaknesses or

Underutilises Strengths

Page 19: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

Who To Partner With?

Page 20: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

WHO...Are your customers?

Page 21: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

WHO...Are your customers?

Else are they speaking to?

Page 22: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

WHO...Are your customers?

Else are they speaking to?

Who is offering a complimentary product?

Page 23: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

WHO...Are your customers?

Else are they speaking to?

Who is offering a complimentary product?

Could you offer value to?

Page 24: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

Looking to buy

Articles & blogs

Property portals

Comparison sites

Credit report

Estate agents

New home

Page 25: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

Example- Zoopla

Product Augmentation Ultra-relevant timing/audience

Page 26: LAWRENCE BENNETT - GROWTH THROUGH PARTNERSHIPS

Thank You

Please get in touch with any [email protected]+44 7584 626 357