James Bamford

Example of a balanced scorecard that highlights how a multi-owner healthcare JV tracks performace.

Variety of methods successfully used to identify and select a new JV Board Chair.

Example of a dashboard that highlights how a 50/50 oil and gas JV tracks performance.

Like those running any business, executives setting up or operating JVs need to establish performance metrics and targets, cascade them into plans, scorecards, sub-scorecards, and individual incentives – and then vigorously track delivery against these commitments. Just getting all parties aligned is often a demanding exercise.

Tools and examples of how to use subject matter experts to provide needed expertise to a venture.

Basic outline of key regulations impacting joint ventures and involving foreign investors in China.

Descriptions and comparisons of alternative approaches for screening JV CEOs for soft skills.

Guide to setting up a review of a JV’s governance system.

The purpose of this checklist is to provide a starting point for exploration teams working on a potential new JV or alliance.