Running a joint venture is one of the toughest jobs in business. It combines all the skills required to run a wholly owned business with a deft hand at navigating the political and strategic complexities introduced by shared ownership. We see these JV management challenges manifest most acutely in five areas: strategy, governance, shared services, organization and talent, and finance and planning. Our experience advising hundreds of JVs positions us well to offer concrete steps for JV CEOs to show they have the right stuff to tackle the added challenges of running a JV.
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