A strategic network can be characterized as a loose federation of partners revolving around a strategic center firm.

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A strategic network is typically composed of many different firms and organizations that work together in a coordinated and flexible way to achieve shared goals. These partners may include suppliers, customers, distributors, and other third-party organizations that can provide critical resources, expertise, or capabilities. While the network may lack a formal organizational structure, it is often anchored around a central firm that provides leadership, coordination, and strategic direction. Overall, the goal of a strategic network is to create a collaborative and innovative environment where partners can work together to create value and achieve shared success.

A Strategic Network Can Be Characterized as a Loose Federation