Tuesday, November 12, 2013

We Hang Together

The Role of Interdependence in Strategic Collaboration Notes:
  • Interdependence is the key to strategic alliance
  • Strategic alliance- refers to all sorts of collaborative relationships and endeavors
  • Inter-organizational relations
    • explained in terms of competition and collaboraton 
  • The "fittest" aren't the most independent they are just more adaptable.
  • The question shouldn't be whether to form a strategic relationship but identifying the right ones and building and sustaining them effectively. 
  • How to make it successful-
    • Human Factors-
      • Trust
      • Communication
      • Will make people naturally want to sabotage 
    • How to use effectively-
      • Have understanding of the qualities of collaboration
      • How others will view the tools you give them
    • How to strengthen-
      • Must understand the nature of working relationships within the organization
  • Society now champions the "one against the world" ideal 
    • Begins at a young age
    • Student encouraged to work alone
    • Cheating
  • To achieve the "one against the world" ideal or independence one must sacrifice something 
    • most likely lose the sense of community, teamwork, or belonging to something greater then oneself.
    • Increase in people making this sacrifice
    • "Fictional characters compel us to reach for the unattainable ideal--the completely self-sufficient human."
    • Must answer the "What's in it for me" 
  • Strategic Relationships-Values-
    • Value of Strategic Relationship
      • Factors of reduced costs
      • Economy of Scale
      • Shared investment burden
    • Values of Strategic Relationship
      • Integrity
      • Quality
      • Personal Attitudes
      • Beliefs
  • Strategic alliances were originally founded on the foundations of trust
  • Business Relationships
    • Short term
      • because of pure self interest
      • selfishness
  • Interdependence requires that one party do for the other and vice versa
  • For strategic alliance to work must agree to set values and rules of engagement
  • "Companies are comprised of people. People have interests, personalities and relationships. Neither the most expensive corporate identity nor the most elaborate marketing campaign will ever be as compelling as an individual person."
  • Basically, we need each other.

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