Alliances can enable an organisation to realise its growth potential and performance quicker than if pursuing an objective alone. Dependencies, risks (known unknowns), and issues (known knowns) between partners must be actively managed to ensure that individual partners can achieve their own organisational strategic objectives through the achievement of the alliance’s collective goals. Alliances are inherently riskier than other activities undertaken by an organisation. Fortunately, most risks can be actively managed if they are identified and understood early in the process and there is a collaborative foundation, framework, and process for doing so. Based on the foundational work contained in When Strategy Execution Marries Risk Management – A Practical Guide to Manage Strategy-to-Execution Risk (Ow, 2013), this ebook provides further practical solutions to manage risks in alliances and to ensure that both the collective goals of an alliance and individual corporate objectives of alliance partners are achieved within acceptable levels of risk and within a win-win business and operating environment. Connect online: patrickow@gmail.com or https://www.linkedin.com/in/patrickow.