Organizations have very high expectations of their employees when it comes to delivering value. And you would think this value would be more easily delivered with the huge amount of technology available today to facilitate collaboration. Unfortunately, this is not always the case. In the clamor to stay current with flexible work programs, telecommuting opportunities and enabling virtual teams to work together, businesses have been pouring money into collaboration technologies.
Collaborative Business Relationships Collaborative business relationships can take many forms:
Strategic business partnerships
Consortia and alliances
Outsourcing and shared services
Client or customer relationships
The organization building and maintaining good supplier relations is vital. Cash-flow and budget pressures, complex distribution channels and staff resource can test the strength of supply-chain relationships, of contract terms and customer loyalty.
Following a collaborative approach need not be costly or resource heavy as forging partnerships may ease such pressures and help to:
Foster innovation between parties
Build sustainable and mutually beneficial relationships
Increase competitive edge, open up wider markets and supply chains
Support change management and integration
Improve operations and efficiency
Optimize shared service delivery
Create value for money