Value Networks

 and the true nature of collaboration


   

Chapter 3: Mapping Examples and Results

Strategic Alliances

 

 

Strategic Alliances


Improving relationships in an expanding global market

A global technology was facing the opportunity and challenge of expanding globally into countries with very different cultures than the parent company. They realized that their current relationships had built up slowly over several decades in a single European region that shared a lot of cultural assumptions.

 

As they began to expand into other markets around the world in Russia, South Africa, Malaysia, China, and India, they realized they needed to build similar alliances very quickly. They used value network mapping to define the key strategic roles for a successful business ecosystem, regardless of what country they were in. The map below was generated to guide relationship building in their new markets.

 

What they found of particular value was the mapping of intangibles. They realized that there was a lot of information sharing and support that they had taken for granted in their existing relationships. By identifying these intangibles they found they could better develop strategies for partnering. The map also helped them clarify these expectations with their new partners and negotiate the best ways to build the relationships and monitor the interactions.

value network map intangible relationships technology company

Value network map showing all transactions including the intangible relationships.

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