ALLIANCE MANAGEMENT Diana Elena Ranf, Universitatea Romano-Germană, Sibiu Elida Todăriţa, Universitatea Romano-Germană, Sibiu ABSTRACT: This article wants to respond to a number of critical questions about alliances. First of all ‘Why alliances’, than ‘What is alliance management and how should it operate’; ‘which is the role played by an alliance manager’, “How should top performing managers act” and finally ‘How to manage an alliance”. Alliance success hinges on people issue – in particular, defining roles and responsibilities and creating the incentives to drive individual performance. Key words: globalization, alliance managers, alliance management, strategic alliance. JEL codes: M16