Strategic alliances consist of two or more organizations that contractually pool resources to achieve a long-term strategic purpose that is not possible for a single organization.'(Appleby 94) This definition excludes mergers and acquisitions and trade associations, but includes a wide variety of other interorganizational partnerships, ranging from relatively formal joint-venture agreements where equity is shared to relatively informal cooperative agreements where equity is not shared.
Research question
What is Strategic Alliances and how can it be related to Shared Leadership Challenge? (Lumsdon 26)
How much Strategic Alliances the U.S. Healthcare Industry has evolved? (Lumsdon 27)
Unique Organizational Challenges of Strategic Alliances What are ...