Collaborating to grow: KPMG study foresees increase in strategic alliances and joint ventures.(ALLIANCES)

Industry Week, August, 2005 by McClenahen, John S.; Purdum, Traci

ALTHOUGH THEY SOMETIMES bitterly disappoint both executives land investors, joint ventures and strategic alliances are apparently increasing in popularity among U.S. companies.

Sixty-four percent of U.S. executives responding to a March 2005 survey by KPMG LLP reported they plan to increase the use of strategic alliances during the next two years, and 52% said they plan to enter into more joint ventures during the same period. The survey was of U.S. executives who had been involved in alliances or joint ventures during the previous 12 months in publicly traded or privately held U.S. companies with at least $500 million in annual revenue. Nearly 70% of the executives responding said that strategic alliances and joint ventures help companies reach growth...

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