Collaborative partnerships are agreements and actions made by consenting organisations to share resources to accomplish a mutual goal. Collaborative partnerships rely on participation by at least two parties who agree to share resources, such as finances, knowledge, and people. How does the style of collaborating (e.g., strategic alliance, joint venture, licensing, outsourcing, collective research organisation) impact the success of a collaboration?
Style of collaborating impacts its success. While collaborating, it is important to make sure that both the parties are satisfied with the results. Collaboration requires assertiveness in some cases. There is a need to find a solution where everyone wins. It has to improve relationships, let the solutions integrate, and perspectives should be merged. Based on the joint venture and alliance involved, the inter-teams can empathize. When there is outsourcing involved, different point views will be very common. In those cases, it is mandatory to ensure that deliverables are transitioned seamlessly.
Collaborating style also requires long term thinking. The end-result should be envisioned and there should be a shared purpose or goal.
Get Answers For Free
Most questions answered within 1 hours.