The typical joint venture only lasts a few years? Why might joint ventures dissolve so quickly?
The typical joint venture only lasts a few years? Why might joint ventures dissolve so quickly?
Homework Answers
Some of the major reasons as to why joint ventures dissolve quickly are:
- Differences in the way of working of two organisations i.e. differences in cultures and beliefs.
- The leadership sometimes is not adequate to handle 2 different entities.
- Many a times the way change management is handled is not appropriate i.e. the integration of 2 different entities fail.
- Conflict of interests is also one major reasons.
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