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Some Proven Unconventional ways of partnerships

Some Proven Unconventional ways of partnerships

Book Demo
Venkat Panigrahi

Venkat Panigrahi

Sep 15, 2024

4 minutes

Some Proven Unconventional ways of partnerships

The Art of Partnerships: Beyond Business Etiquette and Into Growth

When we hear the word “partnership,” we often think of formal handshakes, boardroom meetings, and strict business protocols. But in reality, partnership is less about formality and more about need, timing, and growth. It comes down to one critical question: How much does one party need the other’s offering, and how can both partners benefit?

Partnerships aren't just about growth in isolation—they're about mutual benefit. Your success can drive your partner’s success, and vice versa. But partnerships are as much an art as they are a strategy. Whether they’re formed between startups or mega-corporations, they happen in diverse and sometimes unexpected places. Let's explore some examples that demonstrate how partnerships transcend formal business settings:

1. Partnerships on the Rails: The G20 Summit

Take the G20 summit in India as a prime example. During this global event, many Saudi Arabian startups partnered with Indian startups, unlocking new opportunities for both sides. These alliances weren’t just about tapping into each other's expertise—they were about entering each other's markets.

This shows how international events can catalyze cross-border partnerships that go beyond a handshake. It’s a strategic exchange of markets, ideas, and technologies that fuels mutual growth.

Some Proven Unconventional ways of partnerships

2. In-Person Partnerships for the PR Game

Big companies often prefer to seal partnerships in person. Why? Because it’s not just about the contract—it’s about the optics. A high-profile partnership announcement, where CEOs stand shoulder to shoulder, makes a bigger impact than a digital signature on a PDF.

These public partnerships are more than business deals—they're PR strategies that showcase commitment, vision, and collaboration to the world. And when done right, the ripple effect of an in-person partnership can boost brand credibility on a global scale.

The Bottom Line: Why Partnerships Matter More Now

Today, the need for partnerships is more critical than ever. Markets are becoming more interconnected, technologies are advancing rapidly, and companies are facing greater competition. In such an environment, partnering with the right company at the right time can be the difference between a business breaking through or burning out.

So, whether you're a startup looking to expand your product through a cross-border partnership or a corporation wanting to enter a new market, the art of partnership is about timing, synergy, and mutual growth.

Partnerships are everywhere, not just in boardrooms or conference halls. They can happen on a train during a global summit, over a casual dinner, or in the glare of media cameras. But no matter where or how they’re formed, one thing remains true:

A great partnership is about more than business—it’s about mutual success.

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