IndexStrengths of the pooled services allianceStrengths of the joint venture allianceStrengths of the Network Source AllianceExample of pooled services organizationStrategic alliances are defined as “A mutually beneficial, long-term, formal relationship formed between two or more parties to pursue a set of common objectives or to meet a critical business need while remaining independent organizations. The strategic alliance is called a quasi-enterprise agreement or hybrid”. There are three types of strategic alliances: (1) Pooled Service Alliance (2) Joint Venture Alliance and (3) Network Source Alliance. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned "? Get an original essay Strengths of Joint Services Alliance1. Greater purchasing power: Joint services alliances are formed by a large number of members. Therefore they have more financial resources and can purchase a greater quantity of services or resources.2. More Services to Offer: Alliances contract with member organizations to provide more services. In this way the organizations that are part of it benefit.3. Reduce labor and costs: Pooled service alliances purchase more resources from suppliers, and member organizations' purchasing volume is used to reduce costs from suppliers. Weaknesses of Pooled Services Alliance1. Membership Agreement: All shared service alliances are not free; some have membership fees payable once a year. There are several contractual policies that each member must adhere to.2. Minimum Orders: The supplier may only bid if they have to provide a certain minimum amount of resources, so when organizations only need a small amount of resources, the supplier may not bid. Strengths of Joint Venture Alliance1. New Opportunities: Agencies may have the opportunity to obtain new skills available from the joint venture.2. Ability to expand: Agencies can enter new business or gain access to distant geographic areas.3. Ownership and Authority: Since there are few members, they may have direct ownership and greater authority. Other strengths of joint venture alliances include sharing risk with the partner, contacting more resources and new technologies, starting activities other than the core of the organization. business. Building a relationship with your partner organization may be difficult. If the partner organizations had different mission and vision, it would be difficult. There may not be a good balance between skills and investments brought by partners in joint venture alliances. If the objectives are not clear to everyone in the partner organizations, this could lead to failure. Strengths of the Network Source Alliance1. Outsourcing of functions by core organizations benefits the contractual organization. Contracting organizations can obtain capital, licenses and some required opportunities without much effort.2. The lead organization can get credit for the contract, for example, if a pharmaceutical company contracts for clinical trials, the pharmaceutical company can get credit for research performed for clinical trials, and the agency performing clinical trials can get capital , time and resources to conduct experiments. There may be disagreement between the lead organization and the contracting organization. The contracting organization will have no authority. The contracting organization should follow the rules of the central organization. This may not go well with 2015..