In this age of company takeovers and joint ventures, the position of alliance manager has gained a lot of importance. The alliance managers have to look after the alliance. They are responsible for the maintenance of an alliance as it is in the well being of both parties. To know more about this profession, read the alliance manager job description.
Alliance managers, as stated above, have to look at all the alliance their company has formed with another company. Their duties depend on the profit sharing percentage by their company. If their share is more, the managers have more authority. Their duties also depend on what the alliance is for. Is it a service they are providing together, or is it a product they are manufacturing together, this will dictate the responsibilities of the manager. However, there are some common duties regarding the alliance managers' job.
The managers have to coordinate with all the departments that are concerned with the joint venture, even the departments of the other party. The alliance managers have to ensure that the alliance is productive and is creating profits. They have a look after all the planning and implementation. If the alliance is not working, they even have the authority to recommend termination to their superiors. This is an important part of the alliance manager job description.
The alliance managers have to look at each and every aspect of the alliance, including the legality. They have to ensure all the paperwork is in order. The details have to be hashed out by both the sides, and the managers have to be present for these meetings. After the alliance begins, the managers have to give daily updates to both parties through reports.
The alliance managers have to be quite versatile and should know the functioning of multiple departments. They have to work with all these departments. The alliance managers have a tough job. For more detailed information on their profession, read the alliance manager job description given below in detail.
Duties and responsibilities
The alliance managers are well poised for a job in the top brass of management. The position of an alliance manager is covetable; however, a lot hard work is involved as mentioned in the alliance manager job description.