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Strategic Alliances in the REI Market
The target audience for this blog is a mix of investors and non-
Wikipedia defines strategic partnerships as “a formal alliance between two commercial enterprises, usually formalized by one or more business contracts but falls short of forming a legal partnership”, such as a Joint Venture.
“When people talk, listen completely. Most people never listen.” – Ernest Hemingway
The book, “The Art of War”, defines a source of strength as unity. Ernest Hemingway claims that “no man is an island”. A modern day adage illustrates weakness by calling someone a “jack of all trades and master of none”. This phrase has come to mean that a person can know a lot of different things but does not possess excessive skill at any one particular aspect.
Many businesses today can be pretty good at a lot of things but not truly masters of any one thing. In today’s market, no one can afford to fall behind. Therefore, some businesses today have streamlined by letting go of business units that are determined to skew focus. After an internal re-
It’s a whole new world out there!