Based on only week 9 lecture content, write a short essay on key motives and factors behind premature alliance termination?

Sure, here is a short essay on the key motives and factors behind premature alliance termination based on week 9 lecture content:

Alliances are strategic partnerships formed between two or more firms to achieve a set of agreed upon goals. However, these alliances may sometimes terminate prematurely due to various reasons.

One of the key motives behind premature alliance termination is the misalignment of strategic objectives. When the strategic objectives of the partners are not aligned, it can lead to conflicts and disagreements, which can ultimately result in the termination of the alliance. For instance, if one partner is focused on short-term gains while the other is focused on long-term growth, it can create a rift between the partners leading to the dissolution of the alliance.

Another factor that can lead to premature alliance termination is the lack of trust between the partners. Trust is a crucial element in any alliance. If the partners do not trust each other, it can lead to suspicion and doubt, which can undermine the alliance. For example, if one partner suspects the other of withholding crucial information or not fulfilling their part of the agreement, it can lead to the termination of the alliance.

Cultural differences can also lead to premature alliance termination. When partners from different cultural backgrounds form an alliance, it can lead to misunderstandings and miscommunications. These cultural differences can create a barrier to effective communication and cooperation, leading to the dissolution of the alliance.

Lastly, changes in the external environment can also lead to premature alliance termination. For example, changes in market conditions, regulatory policies, or competitive dynamics can make the alliance less beneficial or even detrimental to the partners. In such cases, the partners may decide to terminate the alliance.

In conclusion, premature alliance termination can be caused by a variety of factors including misalignment of strategic objectives, lack of trust, cultural differences, and changes in the external environment. Therefore, it is crucial for firms to carefully consider these factors when forming alliances to ensure their longevity and success.