With the increasing challenge of climate change and transition towards a circular economy, companies are increasingly looking for substitute business models and innovations. How to best respond? In many cases, companies cannot rely on their own capacity to address the challenge and obtain a competitive advantage. Rather, companies need to look at their ecosystem of strategic partners who can help them along the way.
Leveraging Strategic Partnership is an eight-week digital program by IMD in which participants work with a dedicated personal coach and can develop a current project from their own business. This program enables participants to:
- Search, screen and select strategic partners
- Find the right structure to establish a strategic partnership
- Start up the strategic partnership to maximize trust
- Steer a portfolio of strategic partnerships for best practice sharing
Finch & Beak was among the pilot customers of this cloud based program. It is highly recommended by all participating colleagues for those companies looking to address circular economy challenges within their value chain.
Image source: Alessandra Pezzotta, Flickr