1 |
Voluntary nature |
The partners have
clear and common goals based on mutual
→
benefits.
|
2 |
Common interest |
Partnerships is what enables companies to make
→
continuous improvements
. By sharing with others, you can direct your
resources and
→
capabilities to projects you consider most important. |
3 |
→
Synergy |
The value
added or the total is greater than the sum of its individual parts.
>>> |
4 |
Mutual Dependency |
The mutual dependency arises
from sharing risks, responsibilities,
→
resources,
competencies and
benefits.
|
5 |
Commitment |
Explicit
commitment or
agreement
on the part of the participants.
|
|
6 |
Working together
at all levels |
The partners work together at all levels and
stages, from the design and governance of the initiative to
implementation and evaluation.
>>> |
7 |
Complementary support |
Focus your firm's resources on what you do best
and what creates
→
sustainable competitive advantage
and tap to the resources of others for the rest. To decide why, when and how
to partner with others for complementary resources,
→
weight
the small amount
of cost savings that doing non-core-competence tasks might bring against the
distraction and investment that will be required to stay up to date over
time.
|
8 |
Shared
core competencies and
resources |
Partnerships
are a mechanism to leverage different types of
→
competencies,
resources, and
→
capabilities, including, but not only, money.
|
9 |
Effective Communication |
Communication between strategic business partners should be
regular, open, transparent, with accountable structures for joint
→
decision making,
→
problem solving
, and
conflict resolution.
|
10 |
Respect and Trust |
Trust between organizations is
at the core of
→
today's complex and rapidly changing
knowledge economy. It is one of the most efficient mechanisms
for governing
→
innovative
business partnerships. With trust as a
foundation, the companies can share their know-how to
achieve
synergy.
>>> |