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The alliance map: A tool for managing fear and greed in alliances

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  • Hwang, Peter

Abstract

For alliances to sustain themselves, the synergies that are generated between partners must be greater than the conflicts that drive them apart. A good starting point to get to the root cause of conflicts in an alliance is to know your partner’s levels of fear and greed. In this article, I first offer a systematic way of evaluating fear and greed and then explain how to classify partners into four types (i.e., easy partner, fearful partner, greedy partner, and risky partner) and position them on a map. This map, the alliance map, highlights key areas of concern for managers dealing with each type of partner. This article offers an integrative perspective on alliance management, incorporating both relationally based and contractually based concerns that help to stabilize, develop, and strengthen the partnership in alliances.

Suggested Citation

  • Hwang, Peter, 2017. "The alliance map: A tool for managing fear and greed in alliances," Business Horizons, Elsevier, vol. 60(5), pages 699-706.
    • Handle: RePEc:eee:bushor:v:60:y:2017:i:5:p:699-706
    DOI: 10.1016/j.bushor.2017.05.013
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    Cited by:

    1. de Man, Ard-Pieter & Luvison, Dave, 2019. "Collaborative business models: Aligning and operationalizing alliances," Business Horizons, Elsevier, vol. 62(4), pages 473-482.

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