Understanding and managing “relationships” are fundamental to supporting a successful business in Asia. Relationship Mapping is a method of visualizing, describing and analyzing all the relationships of an existing or prospective business partner by establishing a dynamic “map”.
Our Process:
- Identify the key players related to the target (both internal and external);
- Perform “deep dives” into the relationship web to determine the nature and level of influence;
- Evaluate the quality and stability of the relationships;
- Identify relationship “gaps” and implications;
- Workshop the results with the client to create a relationship strategy.
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The Result:
- Getting the “real story” behind the scenes to better measure the off-balance sheet risks and benefits of a business arrangement;
- Understanding where the holders of power reside, the nature of relationships among them, and the real objectives of all players on the map;
- Uncovering structural problems or hidden liabilities before they come out as a surprise;
- Providing strategic insight to construct a mutually beneficial alliance for our client.
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A sample Relationship Map for a client’s China acquisition strategy: