In an increasingly competitive and dynamic business environment, organizations are recognizing the critical role that strategic partnerships play in driving transformation, growth, and innovation. However, many companies struggle to effectively leverage these alliances, often relying on ad hoc accidental partnerships that ultimately fail to deliver the desired results. The partners in your ecosystem should be chosen for their ability to help your organization realize more innovative products and services, faster time to market, and expanded customer reach.
Based on a primary research survey of 258 senior leaders at large organizations, our recent thought leadership outlines the benefits of shifting to an intentional, outcome-oriented approach to unlock the full potential of partnerships in accelerating progress, enhancing capabilities, and creating sustainable value.
Defining partner and partner ecosystem
A partner is any third party that an organization uses to enable or advance strategic and operational objectives, initiatives, and programs.
A partner ecosystem is a dynamic network of interconnected companies that collaborate for mutual benefit and—if designed and managed well—deliver more value than any one component could alone.