NEW YORK, July 31, 2018 /PRNewswire-PRWeb/ -- Ron Norman, CEO of Team Decades (http://www.teamdecades.com), challenges executives at hiring conference today: What strategic alliances have you formed?
"When I raise the issue of strategic alliances with executives, it is generally assumed that I am referring to the people within the company where an executive is already placed and while that is important, it isn't what I am asking," says Ron Norman. "An executive's strategic alliances should take him or her far and wide in the sector of industry and allow for the crossing of boundaries that can work for the personal benefit of the executive but also for the good a company that extends a contract."
"If one stopped to consider how many times a cooperative effort--even the beginnings of a merger--stems from the personal contacts belonging to a well-placed executive, one will start to understand the importance of such alliances. They are not trivial."
"It would not be a bad idea to create a schematic drawing of the industry--noting carefully the 'movers & shakers'--and seeing how well your connections are in the sector," Norman advises. "Such an exercise would highlight the existing strengths and weaknesses of an executive's strategic alliances and might offer suggestions of how they might be strengthened and improved."
"The business world is not a static scene but a fluid environment in which an executive will need to make course corrections as they needed and not a month after it is too late."
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SOURCE Team Decades
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