Joint ventures and strategic alliances are currently facing unprecedented growth in Australia with exciting potential for the future. Many businesses are looking to join forces with other organisations and leverage off external skills and expertise to promote business growth and generate value. This opportunity can be extremely risky and has the potential to fail because of misalignment of objectives. Tavuni Capital has strong prior experience and a sound understanding of the market and can ensure that your business makes a smooth transition to a joint venture or any strategic alliance.
We follow these steps for clients considering new business ventures in this area:
- We document organisational goals, strategic objectives and expectations of both or all parties involved and confirm consensus;
- To allow both or all parties to gauge the extent of the value being created, we create and implement performance measurement systems for the venture
- We establish and manage relevant governance matters such as board matters and shareholder organisation.