This short, reader-friendly book is about best practice in joint ventures: the factors and processes which lead to success. Every year, corporations establish thousands of joint ventures (JVs), investing hundreds of billions of dollars. In fact, between 25% and 40% of all foreign investments take place via equity JVs. The use of JVs and strategic alliances has been rapidly growing. I've worked as a joint venture facilitator for Fortune 500 and other corporations for many years. The senior executives in these organizations often noted that the decision-making format I used with them would make a great book. This is it. The key purpose of the book is to demonstrate that joint ventures can work. They require however an open mind, and the willingness to work through a series of questions I provide. These relate to: testing the strategic logic; partnership and fit; shape and design; and operating the JV. Contrary to the perceptions of some, JVs can be just as profitable and survive just as...