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How Do You Build Alliances in Business?

Posted on 12th December 2023

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There are some common challenges and concerns I noticed happening right now in many organisations I work with, and they are:

๐Ÿ”„ ๐—Ÿ๐—ถ๐—บ๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฟ๐—ฒ๐˜€๐—ผ๐˜‚๐—ฟ๐—ฐ๐—ฒ๐˜€
๐Ÿ”„ ๐—ฆ๐˜๐—ฎ๐—ด๐—ป๐—ฎ๐—ป๐˜ ๐—ถ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป
๐Ÿ”„ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐˜€๐—ฎ๐˜๐˜‚๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป
๐Ÿ”„ ๐—ฅ๐—ถ๐˜€๐—ธ ๐—ฒ๐˜…๐—ฝ๐—ผ๐˜€๐˜‚๐—ฟ๐—ฒ

What emerged in a recent team coaching session is that all this can be mitigated by one single action (well... a set of actions) that is a win-win for the company and the individuals.

And that is ๐—ฏ๐˜‚๐—ถ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐—ฎ๐—น๐—น๐—ถ๐—ฎ๐—ป๐—ฐ๐—ฒ๐˜€, in or outside the organisation:

๐—Ÿ๐—ถ๐—บ๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฟ๐—ฒ๐˜€๐—ผ๐˜‚๐—ฟ๐—ฐ๐—ฒ๐˜€ โžก๏ธ alliances pool resources, reducing costs and increasing efficiency.
๐—ฆ๐˜๐—ฎ๐—ด๐—ป๐—ฎ๐—ป๐˜ ๐—ถ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป โžก๏ธ collaboration sparks fresh ideas, pushing the business to innovate faster.
๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐˜€๐—ฎ๐˜๐˜‚๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป โžก๏ธ alliances open new markets, helping the organisation break through saturation points.
๐—ฅ๐—ถ๐˜€๐—ธ ๐—ฒ๐˜…๐—ฝ๐—ผ๐˜€๐˜‚๐—ฟ๐—ฒ โžก๏ธ collective strength mitigates risks, offering a safety net in tough times.

So while the importance of building alliances is obvious, it's a little less obvious ๐—ต๐—ผ๐˜„ ๐—ฌ๐—ข๐—จ ๐—ฐ๐—ผ๐˜‚๐—น๐—ฑ ๐—ฑ๐—ผ ๐˜๐—ต๐—ฎ๐˜, so I summarised some key actions for you and your team to take to navigate challenging times.

Have a look and let me know... have you ever invested time in building alliances at work? What other suggestions could you add on top of mine?

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