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2024 | OriginalPaper | Chapter

8. Leveraging Partnerships for Transformation

Authors : Raphael Bömelburg, Oliver Gassmann

Published in: Collaborative Advantage

Publisher: Springer Nature Switzerland

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Abstract

Partnerships have become a cornerstone of modern business strategy, and they can be powerful catalysts for transformation. This chapter explores the strategies and tactics for leveraging partnerships to drive meaningful transformation:
1.
Apply Collaborative Practices to Maintain Your Advantage as You Grow: Discover how collaborative practices can be applied to sustain your competitive advantage as your organization grows, fostering innovation and adaptability.
 
2.
Bring Collaborative Practices to New Organizations: Extend the benefits of collaborative practices to new organizations and teams, ensuring that the spirit of collaboration remains at the heart of your transformation efforts.
 
3.
Combine Autonomy and Synergy to Leverage the Transformation Potential of Acquisitions: Explore how to strike a balance between autonomy and synergy when integrating acquired companies, harnessing their transformation potential.
 
4.
Ideas for Action: Implement simple but effective practices that can enhance collaboration and drive transformation within your organization. In addition, you can delve into advanced collaborative practices that can take your transformation efforts to new heights, propelling innovation and growth.
 
5.
Collaborative Transformation in Action: Microsoft: Gain insights into how Microsoft, a global tech giant, has successfully harnessed partnerships for transformative growth.
 
This chapter serves as a practical guide for leaders and organizations seeking to capitalize on partnerships as drivers of transformation. By adopting these strategies, you can harness the full potential of collaborations, foster innovation, and position your organization for sustainable growth and success in today's rapidly changing business landscape.

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Metadata
Title
Leveraging Partnerships for Transformation
Authors
Raphael Bömelburg
Oliver Gassmann
Copyright Year
2024
DOI
https://doi.org/10.1007/978-3-031-36306-1_8

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