Question 1: Collaborative advantage is the collaboration between several entities in a good way of achieving goals and objectives and where the organizations are getting together to provide co-ordinated service. So the collaboration is valuable. For example, the PPP is one of an indicative term of the inter-organizational arrangement that exists. (n,d) The main reasons for the collaborative advantage are: access to resource, shared risk, efficiency, learning, cooperation and seamlessness and the moral imperative. Access to resource occurred when the organizations collaborate if they are unable to achieve their objectives in their own resources. Sometimes this simply means pooling financial or human resources but more often it implies the bringing …show more content…
But in other cases learning from a partner organization may be an undeclared strategic reason for the company to form an alliance or joint venture, so reducing the need for it to form access to resource alliances in the long run. Finally the moral imperative that some would argue that it is the most important reason for being concerned with collaboration. This rests on the belief that the really important issues facing society like health sector, poverty, crime, conflict and so on cannot be tackled by an organization acting alone. Moreover in many cases the collaborative advantage was not the always outcome of such collaboration because to make the collaboration valuable the PPP and PPC should be built through clear contracts that will include defined goals, clear division of responsibilities, risk allocation and other transaction elements and in some cases the roles and responsibility of the partners, based on transparent discussions and assess costs and benefits. Through the contracting process all the parties of PPP will bring the experience, expertise and performance to others. (Nikolic.I & Maikisch.H, …show more content…
Through ownership internal the collaboration are endorsed by individuals. These individuals are linked through collaboration between various organizations. Collaboration, organization and individual aims relate directly to the aspirations of the members of collaboration. (n,d) Collaboration aims are related to the joint activity and purpose of the collaboration partners. They relate to the inter-organizational domain and are the achievement of individuals or organizations acting alone. The organization hopes to gain for itself from participating and seek to achieve for them and tend to be aligned with their functions, responsibilities and activity. While the individual aims is related to the aspirations of the individual involved. Unlike the organization aims, individual aims do not account for an individual’s involvement in the collaboration so the individuals are to be authorized to a role in the collaboration by superiors. (n,d) The ownership external in this case is related to the first the external collaboration aims which is mostly related to the government policy. For example when the private sector pay a fee to the public partner to manage and operate a public facility in exchange for revenues from the facility’s operation and by adjusting the regulatory
Collaboration involves working together with individuals, families, and communities to promote healing and wellness. Practitioners and organizations need to work in partnership with individuals to identify their strengths, needs, and goals. Collaboration involves the recognition of the individual's cultural background, values, and
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
Once the organizational values were established, Cheryl utilized critical thinking and reasoning elements that identified individual purpose, goals and objectives for each employee (BCEE, 2017a, p. 11). She instituted a process to further develop employees and managers by asking them to create ‘personal purpose’ statements, requiring managers to assist employees in connecting their individual purpose with the overall organizational goal (Bachelder,
Introduction It is important to understand the organization has a shared vision and must work together (although process and programs may be different) to achieve a common goal. For example, in an educational organization the goal may be to produce college and career ready students. The organization will expect stakeholders to foster academic excellence with rigor. Another way to meet this goal is to develop trade skills using programs and processes within the organization. A third focus may be intense professional development for stakeholders to also reach the goal.
1.1 The key features of effective partnership working: • Communication You must have a good level of communication between the different partnerships, it is so easy for miss-communication to happen between the different organisations. Positive communication means that results happen quicker, if there is poor communication then results will reduce or it could mean that outcomes are not met, meaning in the service user becoming dissatisfied with the service they are being provided. A lack of communication can also mean that well-being and diagnosed conditions deteriorating further while waiting for referrals to be made or equipment to be ordered and put into place. • Sharing of knowledge When different partnerships come together to provide an
Bolman and Deal suggest that the first guiding concept is that organizations are coalitions made up of individuals and interest groups (2008) and in order to build a strong coalition an organization must
A complex goal, according to Stojkovic, Kalinich, and Klofas, is “A situation in which an organization faces many competing and conflicting
Chouaib Elhajjaji Written assignment 3:“Corporate Culture at Herschend Family Entertainment” pages 318 – 320 (Questions 1-5) Due Date : Wednesday 25 November , 2015 GRADE_________________ 1-The characteristics of corporate culture elaborated in this chapter were the following. Corporate culture is shared, a provider of guidance, a provider of meaning in the organization, top heavy, a constellation of values, a dynamic constellation of values, organic, inclusive of life values. Choose three of these characteristics and show how the culture Manby promotes at Herschend Family Entertainment relates with each one.
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
INTRODUCTION The word ‘team’ can be defined as a group of people working together towards a common goal. A team also generally is known as a group of people with different skills and different tasks, who works together on a common project, services, or goal. Then, the important thing in teamwork is ‘collaboration’, which is the act of working effectively with others to achieve a common goal. Collaboration acts as the lifeblood in the team, even the team is not large enough, but the collaboration is required.
The goals created for the organization have to be aligned with the strategic goals and overall mission of the entire organization.
Why is such a question relevant to a company like ICI, which is considering a specific acquisition? Explain your answers. Answer: From the stand point of society, synergy is the only benefit to the same. Tax considerations, diversification, control, purchase of assets below replacement cost are not relevant from the standpoint of society.
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.
Understand the organisations goals and overall viewpoint. Whilst working, planning, creating and developing new ideas, plans and activities knowing what the organisations objective is will definitely provide aid in the direction for which you should be guiding employees. It is not enough to just know what those company objective is, but you should also emphasise and encourage those goals so that they are made visible and achievable by all. 3. A clear plan, one that is both strategic as well as operational.
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