One of the things that Krishna Dushyant Rana observed is that through the involvement of the strategic alliances, there occurred a great business expansion.
2. Krishna Dushyant Rana believed it helped in
expanding to new markets
One of the things that Krishna Dushyant Rana observed is that
through the involvement of the strategic alliances, there occurred a
great business expansion. His family business- Platinum Industries
started getting access to markets at different geographic locations. He
checked if the values and principles of the other alliances matched
those of the Platinum Industries and ensured that the collaborations had
some ground breaking developments.
3. Krishna Dushyant Rana believed it caused technological
advancements
Apart from expanding in the geographic markets, he was also able to
witness the technological advancements that came his way with the
involvement of the strategic alliances. These advancements could not
only support him with a robust research but also help make a smoother
functioning in the market. He gathered a great amount of knowledge
from these alliances that supported him while setting up marketing
strategies.
4. Krishna Dushyant Rana was able to lower the chances of risk
With the entry of the strategic alliances, the risk intake was also reduced
for Krishna Dushyant Rana. The involvement of the supporting
alliances helped him in allocating his resources in the most structured
way possible so that he could maximize on his investments. He was also
able to undertake larger projects that could yield better profits. Further,
these also increased the growth without actually overextending the
financial capabilities of the company.