Collaboration & Partnership
The contents related to collaboration and business partnerships constitute one of WOTRA’s main consulting areas. Therefore, a lot of attention is given to this topic in the “Development Navigator”. Companies and individuals come across collaboration and partnership in all of their development phases and all sectors regardless of company size. There are, however, several differences in the understanding of collaboration and partnership, namely in the reasons as well as approaches for the connection. Companies, and also individual regions, can achieve great competitive advantages using collaboration and partnership approaches, but we need to know that it takes at least some knowledge about partnership strategies and the management of such connections in order to achieve optimal and long-term effects. Knowledge about strategic thinking and modern business models is helpful as well. Many questions arise during the collaboration and partnership development process, e.g. what benefits will I get from collaboration and partnership, how do companies reach global visions, can (and how) do companies make use of partnerships and in what form, how to maintain partnership to make and keep it successful in a long run, and how to prepare for the possible termination of a partnership?
Our articles are aimed at addressing the issue of collaboration and partnership from various perspectives and for various development and business circumstances. We would like our articles to help improve the understanding of this area and consequently to help entities enter various partnerships more boldly and frequently, and increase the collaboration and partnership culture in general.
Recently, the ISO 44001:2017 standard has been adopted with the title Collaborative business relationship management systems - Requirements and framework related to business partnerships and collaborative forms of business, which are of great importance in modern business.
There are many formal and informal types of business partnerships and collaborative business models, and their management is becoming very complex for companies.
Advanced levels of partnership and collaboration require consideration as regards the potential of collective intelligence. One of the predispositions for building collective intelligence is a systematically prepared multilevel partnership and collaboration strategy, which among other things determines the potential of individuals, companies and organisations in an individual network
In recent years, internal and relatively independent business functions have become intertwined with the outside world, deleting the boundaries between the internal and external environment of an organization and between individual business functions or areas of expertise.
An organisation with a loving attitude develops continuous goodwill and mutually beneficial relationships with all its relevant stakeholders; this company is more likely to succeed in the business arena.
The networking/partnering/clustering approach is of extreme importance for competitiveness, however only with a duly selected form or type of networking/partnering/clustering in relation to a specific problem or vision of a company, and at the same time with the right management which considers both the different aspects of networking/partnering/clustering as well as the trends in the environment, and together with this also introduces suitable methods and tools used among individuals in a selected connection.
Companies face the issue or search for suitable ways to reach their goals, strategies and visions on a daily basis. Collaborative business models and networking/partnering/clustering approaches are without a doubt one of the strategies that can be used in various cases for various purposes.