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Testing a model of long-term alliance success
1School of Business, East Carolina University, Greenville, NC, USA.
Summary
Buyer and supplier views align closely in successful business alliances. This research highlights strong partner cohesion, offering insights into alliance success factors for academics and practitioners.
Area of Science:
- Business Strategy
- Supply Chain Management
- Organizational Behavior
Background:
- Business alliances are crucial for growth and market access.
- Understanding partner alignment is key to alliance success.
- Previous research has explored alliance dynamics with varying results.
Purpose of the Study:
- To investigate the congruence of buyer and supplier perspectives in business alliances.
- To identify factors contributing to successful strategic partnerships.
- To provide practical insights for managing inter-organizational relationships.
Main Methods:
- Qualitative research methodology.
- Analysis of buyer and supplier viewpoints.
- Comparative analysis of partner perceptions.
Main Results:
- Remarkable consistency observed between buyer and supplier perspectives.
- Dominant perspective revealed strong cohesion among partners.
- Significant, yet secondary, differences were noted.
Conclusions:
- The findings suggest "best in class" relationships characterized by high partner cohesion.
- These alliances offer valuable lessons for academics and practitioners on success and failure factors.
- Consistent perspectives are a strong indicator of effective alliance management.