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Offshore
Joint Ventures between offshore vendors and US companies
are a popular channel today for both managements to achieve their objectives.
Offshore Joint Ventures offer an opportunity for each partner to benefit significantly from the comparative advantages of the other. Local partners bring knowledge of the domestic market while foreign partners can offer processes, management know-how, and access to
overseas clients.
For either side, the possibility of joining with another company in the new venture lowers capital requirements relative to
doing it alone. As attractive as offshore joint ventures might seem, however, they frequently perform unsatisfactorily unless carefully planned and executed.
The
Interactive World Joint Venture Methodology
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Analyze:
Requires an in-depth requirement analysis to
evaluate if offshore outsourcing is the need of
the hour. |
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Identify:
Identify partners who possess the skill sets
and technological requirements as required by
your function or process. |
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Negotiate:
Joint Venture Agreements involves role
definitions, capital arrangements, tenures,
financial payments and venture deliverables
after establishing the governing parameters. |
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Clearances:
Statutory Clearances are required for the
joint venture to start off at a firm footing. |
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Transition:
Transition projects, hire and train
resources and keeping a keen eye on the
progress. |
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Measure:
Defining critical reports deliverable on a
periodic basis. Creating a hawk eye mechanism to
ensure joint venture success on a long term
basis. |
At Interactive World, we have the proven financial, operating, strategic and local country skills needed to guide you through the
Offshore Joint Venture planning and execution. We work with you to build your strategy, identify and approach joint venture partners, structure the transaction and help with integration. Our objective is to make the
Offshore Joint Venture a winning strategy for you. With our detailed knowledge of the offshore industry, we take all these considerations into account, identifying offshore vendors that will bring highest value to the
Offshore Joint Venture.
With detailed requirements analysis, thorough due diligence, best-in-class benchmarking, extensive local country expertise and professional onshore and offshore project managers,
Interactive World ensures the success of your Offshore
Joint Venture
from beginning to end.
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