Development of business cases is a time consuming process. So as evaluating them. An effective way organizations can employ to optimize the whole process is by following a two stage process. Here, the business cases are first described in a brief manner and send through an initial evaluation phase. Those that pass the initial evaluation can then be fully dressed, made more accurate and sent through a detailed evaluation.
A strategic alliance is a purposive relationship between two or more independent firms that involves the exchange, sharing, or co-development of resources or capabilities to achieve mutually relevant benefits.
It is important that such relationships are well governed to make sure that the operational or strategic benefits the relationships purport to provide are actually realized.