Joint Venture ( JV ) agreements , if managed well , can deliver undeniable value to stakeholders . They can improve the value of portfolios and , in some cases , joining forces can provide access to reserves and capabilities that only a JV can provide .

As with anything , there is risk . In this instance , the risk lays quite clearly at the fact that it could go wrong and a company could face huge disruption which will result in loss of time and money .

TEN BUSINESS RISKS

35