Collaborative Advantage is defined as several entities (industries, agencies, organization, etc.) alliance towards achieving certain goals that range from the ability to achieve organization goals effectively and efficiently to achieving ultimate growth and expansion within the market. For Collaborative Advantage to be achieved it should have six bases; (1) Access to Resources, (2) Shared Risk, (3) Efficiency, (4) Coordination and Seamlessness, (5) Learning, and finally (6) The Moral Imperative. 1. Access to Resources It is well known that many organizations collaborate and join forces in an attempt to achieve organizational objectives and needs through aligning their different resources. In the case of the Public-Private Partnership this …show more content…
These six dimensions are: Dimensions Elements Ownership (internal) Collaboration aims/ Organization aims/ Individual aims Ownership (external) External collaboration aims/ Non-member individual aims Genuineness Genuine aims/ pseudo aims Routes to Achievement Aims achieved through the collaboration/ Aims achieved through an individual organization or another collaboration Focus Collaborative process aims/ Substantive purpose aims Explicitness Explicit aims/ Unstated aims/ Hidden aims The aim ownership from an internal perspective is that collaborations are enacted by individuals, who in turn are linked to various organizations that form this collaboration. All three collaboration, organization, and individual aims are related directly to the aspirations of members of the collaboration. 1- Collaboration aims: • Are statements relating to the aspiration of the collaborating organizations to what they wish to achieve together • May be considered as the public statement of the joint purpose • Are beyond the achievement of organizations or individuals alone, whereas they relate to the inter-organizational
According to Barney (1991), a firm can be said to possess competitive advantage when it achieves superior performance over its competitors by implementing a value-creating strategy that is not simultaneously being implemented by a competitor. TJ is Barney differentiates simple competitive advantage from sustainable competitive advantage, which is more durable because existing or future competitors cannot duplicate the benefits of the company’s strategy. Recommendations and
A complex goal, according to Stojkovic, Kalinich, and Klofas, is “A situation in which an organization faces many competing and conflicting
Stakeholder Analysis The answer to whether this partnership will be advantageous to both entities will hugely depend on how each of the management teams learn to understand, value and cater for various stakeholders involved. From an analytical perspective, a stakeholder approach can assist in promoting analysis of how the company fits into its larger environment and how its standard
The goals created for the organization have to be aligned with the strategic goals and overall mission of the entire organization.
To do this it needs to have a competitive advantage over its its rivals. A competitive advantage is something a company does better than its rivals that gives it an advantage over its rival. Porter (1988) states that a firm performs many activities that can contribute to a firms relative cost position and create a basis for differentiation which can create a cost advantage that gives a firm a competitive advantage over its competitors. A company’s competitive advantage and competitive strategy are both interrelated. Competitive strategy is defined by Porter (1980) as a broad formula for how a business is going to compete, what its goals should be, and what policies will be needed to carry out those goals.
There are four general theoretical perspectives (Slavin, 1995) that have guided research on co-operative learning, namely, (a) motivational, (b) social cohesion, (c) cognitive-developmental and (d) cognitive-elaboration. 1. Motivational Perspective : Motivational perspectives on co-operative learning focus primarily on the reward or goal structures under which students operate (Slavin, 1977, 1983a, 1995). The motivational perspective presumes that task motivation is the single most powerful part of the learning process, proclaiming that the other processes such as planning and helping are determined by individuals’ motivated self-interest. Motivational researchers focus especially on the reward or goal structure under which students operate,
This can be achieved through many avenues including offering a better-quality product or service, lowering prices and increasing marketing efforts. Sustainable competitive advantage refer to maintaining a favorable position over the long term, which can help boost a company’s image in the marketplace, its valuation and its future earning potential. Competitive advantage occurs when an organization acquires or develops an attributes or combination of attributes that allows it to outperform its competitors. These attributes can include access to natural resources, such as high grade ores or inexpensive power or access to highly trained and skilled personnel human resources. New technologies such as robotics and information technology can provide competitive advantage whether as a part of the product itself as an advantage to the making of the product or as a competitive aid in the business process for example better identification and understanding of
Competitive advantage is when two or more firms compete within the same markets, one firm possess a competitive advantage over its rival when it earns (or has potential to earn) a persistently higher rate of profit. There are three types of competitive advantage. a) Cost leadership strategy occurs when a firm a delivers the same services as its rivals but at a lower price. b) The differentiation strategy occurs when a firm delivers greater services for the same price of its rivals. c) Focus strategy is a focused approach requires the firm to concentrate along one specific segment either a cost leadership or a specialization strategy.
I. INTRODUCTION Social Networking Sites (SNSs) are online platforms that users use to create Personal profiles, associates with companion and fuss in different parts. Social networking sites exhibits individual profile and facilitates with various other activities such as sharing information with each other. Social networking sites grab million of people in the globe who are united these websites into their daily life style. Social networking sites will become famous all over the world.
TASK IV: PARTNERSHIP IN PROJECT MANAGEMENT Partnering is a project approach designed to allow the construction process to be performed within an atmosphere of mutual trust, commitment to shared goals, and open communication among the partnering members while working in harmony toward mutual goals in order to avoid claims and litigation and establish a win/win management approach. For the complex and large-scale Atlantis project, the contractually associated construction partnering between Laing O’Rourke and NORR along with various other members like Rockwell Group, WATG, EDSA, helped to create working relationship among all of the team members based on mutually agreeable plan of cooperation and teamwork to improve productivity. The main objectives of Atlantis project partnership included reducing project costs and schedules, eliminating change orders and claims, improving communication by developing
Social Media for The Community In this Modern Era, Social Media plays an pivotal role in communicating. If we look according to the expert B.K Lewis, media social is label for digital technology that allows people to interact,providing and sharing the message content. We know that social media is very close to the community. Even it can be said that “human’s can’t lived without social media”.
Social media is very influental on everyone, from small children to adults. Social media as a negative imacts and positive impacts. Social media is being used in ways that shape politics, business, World culture, education, and more. Social media has been blamed for promoting social ills such as cybercrime. Social media is very influental for life.
Supply Chain Management (SCM) department encounters a number of different stakeholders. Many different working relationships take place within each individual work on, from colleagues to clients, stakeholders, and suppliers. The internal supply chain that delivers the service is complicated and requires the co-ordination and co-operation of individuals and teams who have different skills and priorities. Hence, understanding stakeholder needs and working effectively with them is critical to the success of the procurement team. Cleland (1995: 151) recognised the need to develop an organisational structure of stakeholders through understanding each stakeholder’s interests, and negotiating both individually and collectively to define the best way
Social media is an online service, platform or site that focuses on building and reflecting of social networks or social relations among people who share interest or activities. Some famous sites are Facebook, Twitter, Instagram and YouTube. The generalization of the internet makes us live conveniently and fast. We live in time where communication is possible without having to exert so much effort. We live in the time where social media is the main medium of communication.
Competitive advantage is a set of unique attributes of a nation. It is an advantage, capability, ability, strategy, that a nation or state or country has and enabling it to generate or produce or make more sales, profit, money, income and revenue and enables it to attract and retain more investors than other nations (competitors). It also puts a state in a profitable and superior strategic business position in the global markets (OU, 2010). The above figure: the determinants of national competitive advantage of Porter (OU, 2010).