Essay On Collaboration

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Article Summary Divya Talasila- 1480551 Tues/Thurs. Collaboration between competitors is trending across the industries such as automobiles, technology. However, with the rise of competitive collaboration the companies have realized its long-term effects. The article discusses about the principles of competitive collaboration. Successful companies that benefit most from collaboration never forget that their new partners may be out to disarm them. They realized that harmony is not the most important measure of success; indeed, occasional conflict may be the best evidence of mutually beneficial collaboration. The successful companies also defend against competitive compromise by informing employees at all levels about what skills and technologies are off-limits to the partner. Finally, they acquire knowledge and skills from their partners, viewing each alliance as a window on their partners' broad capabilities. The authors discuss how Western companies enter alliances to avoid investments and are culturally prone to sharing. The Asian companies are culturally closed often learn more...

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