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How to setup a technology cooperation

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If you want to setup a Technology Cooperation with another company - what do you need to do? In the digital economy how do you secure that it can be evolved? This guide will help you.

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How to setup a technology cooperation

  1. 1. © Wise Hand Consulting 2016 How to Setup a Technology Cooperation 2016-02-03 A Guide to Add a Complimentary Technology to your Story
  2. 2. You and Your Team! You ­ Product Manager System Manager Test Engineer Sourcing Manager © Wise Hand Consulting 2016 Add a Company's Technology to your Story! 2016-02-03
  3. 3. I. Prepare for the Technology Cooperation What is your value add? How do you want to leverage this in your Marketing? How  do you handle the costs? How to handle Innovations? What are the Risks & their Mitigation? © Wise Hand Consulting 2016 NO Go GO How do you secure Trade Compliance? Ready to Go? 2016-02-03 What Sustainbility Profile do you want?
  4. 4. II. Explore Candidates! © Wise Hand Consulting 2016 Find and List potential Companies that match your criteria for the technology cooperation! NO Go GO Contact, Get more info on potential Companies ! Share and Agree a Term Sheet with the Top Companies on your List ! Review internally the Top Companies on your List ! Agree upon the Top Companies on your List to negotiate with! Ready to Go? 2016-02-03
  5. 5. III. Agree and Set-up! © Wise Hand Consulting 2016 NO Go GO Share expections on the cooperation with the Candidates! Build a Common Ground for an Agreement ! Get the Agreement Signed ! Sort out areas where Clarifications are needed! Do you have a Common Ground for the Agreement? Set up cooperation for the first Project ! 2016-02-03
  6. 6. IV. Manage the Relationship! © Wise Hand Consulting 2016 NO Go GO Continue, Change or Close the Cooperation! Manage the Teams on both sides Operationally! Review the Business Cooperation Regulary! Secure Updated Collaterals for the Cooperation, if required! Adjust if needed! 2016-02-03
  7. 7. © Wise Hand Consulting 2016 How to Set up a Technology Cooperation Credits: Canva, Pixabay, iStock, Freepik Comments? Questions? 2016-02-03 Contact @ handsonbusinesscooperation.com

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