Partners

What partners are critical to helping your business deliver on its value proposition?

Most businesses have partners because they allow companies to reduce risk, improve performance, and access resources. Who are your key partners?  

  • What partners are critical to your company's ability to create the value promised in the value proposition?
  • Key partners can include; distribution partners, suppliers, key hires, investors, producers, and ambassadors.

Four primary types of partnerships can be established with outside businesses: strategic partnerships between non-competitors, strategic partnerships between competitors, joint ventures, and buyer-supplier partnerships. 

There are three main reasons that businesses create partnerships: Cost and production efficiency, minimizing risk, and acquiring resources/activities. 

Write your most important partners in the box provided on the StacDek Business Model Map. 

How could new strategic partners help you? Partners can be a growth accelerator for your business. Make a note on your Business Model Map of any types of long-term partnerships that you believe would help your business grow. 

Up next

Course content

Business Model Map
Business Model Map
Your Value Proposition
Your Value Proposition
Activities
Activities
Resources
Resources
Channels
Channels
Partners
Partners
Cost
Cost
Revenue
Revenue
Navigating your environment
Navigating your environment

Partners

What partners are critical to helping your business deliver on its value proposition?

Most businesses have partners because they allow companies to reduce risk, improve performance, and access resources. Who are your key partners?  

  • What partners are critical to your company's ability to create the value promised in the value proposition?
  • Key partners can include; distribution partners, suppliers, key hires, investors, producers, and ambassadors.

Four primary types of partnerships can be established with outside businesses: strategic partnerships between non-competitors, strategic partnerships between competitors, joint ventures, and buyer-supplier partnerships. 

There are three main reasons that businesses create partnerships: Cost and production efficiency, minimizing risk, and acquiring resources/activities. 

Write your most important partners in the box provided on the StacDek Business Model Map. 

How could new strategic partners help you? Partners can be a growth accelerator for your business. Make a note on your Business Model Map of any types of long-term partnerships that you believe would help your business grow. 

Up next

Course content

Business Model Map
Business Model Map
Your Value Proposition
Your Value Proposition
Activities
Activities
Resources
Resources
Channels
Channels
Partners
Partners
Cost
Cost
Revenue
Revenue
Navigating your environment
Navigating your environment