Pressure Testing Your Company’s Major JVs
Questions used by the CFO of a major industrial conglomerate to evaluate the Companys JVs against dimensions critical to success.
James Bamford is a Senior Advisor at Ankura based in Washington, DC. He joined Ankura with the firm’s 2020 acquisition of Water Street Partners, which he co-founded in 2008. Water Street Partners has been independently ranked as the number one global advisor on joint ventures since 2017. Prior to Water Street, he was global co-lead of the Joint Venture & Alliance Practice at McKinsey & Company.
View Full ProfileQuestions used by the CFO of a major industrial conglomerate to evaluate the Companys JVs against dimensions critical to success.
Template for creating a charter for an asset project Steering Committee.
Potential process and criteria to help parent companies select an effective JV Director.
Guidance and examples for creating shared services Guiding Principles.
Detailed questions for dealmakers to consider, and summary of select practices that JV management teams can employ to maximize the value of a JVs shared-asset agreements with a parent company.
How to decide if a JV needs an independent Director, and, if so, key considerations in adopting.
Description of the role of the head of the internal audit function, and the function itself.
Outline of a model governance structure and roles, with descriptions of common elements of each role.
Checklist for dealmakers structuring JV contract terms related to JV information reporting and audit rights.