Reference no: EM131195709
Question:
Earlier in 2012, Microsoft Corporation and SUSE, an independent business unit of The Attachmate Group, Inc., announced a 4-year extension of their groundbreaking agreement reached nearly 5 years ago for broad collaboration on Windows and Linux interoperability and support ("Computer software; Microsoft and SUSE renew successful interoperability agreement," 2011). This collaboration has been successful not only because the partners agree on shared risks, resources, rewards, and vision, but because it promotes interoperability and sets the stage for other business partnerships.
In the Required Resources, Jerry R. Mitchell, President/Founder of The Midwest Entrepreneurs Forum, argues that effective business partnerships are a function of four factors: (1) Shared Risk, (2) Shared Resources, (3) Shared Rewards, and (4) Shared Vision (Mitchell, 2013). He points out that building strong relationships with other organizations is often the best way to strengthen their own. Organizations can shore up weaknesses by accessing the strengths of others.
Imagine a scenario in which only two of the four factors are in place, but the C-suite (the highest level executives of your company) is determined to forge ahead. As an HR executive in this situation, how would you counsel the CEO, who believes that only having two of the four factors is sufficient? Assuming the CEO is correct, which two factors do you see as absolutely essential to a successful partnership? Explain your reasoning.
To complete this Assignment, respond to the following in a 3- to 4-page paper:
- Analyze Mitchell's four factors of effective business partnerships.
- Analyze a successful business partnership, indicating which of the four factors were present.
- Analyze a failed business partnership, indicating which of the four factors were absent.
- Is it possible for a business partnership to succeed when none of the four factors are present? Under what circumstances?
- Examine HR's responsibilities in a proposed business partnership where only two of the four factors are present.
- How should HR advise the CEO in this situation?
- From an HR perspective, which two factors do you consider to be most important, and why?
Reference:
Mitchell, J. R. (2013). Strategic alliances. Retrieved from https://www.slideshare.net/JerryMitchell/stra
|
Describe the importance of indicators in public health
: Describe the importance of indicators in public health, and the related stakeholders. Explain issues pertinent to the strategic planning process in the monitoring and controlling of health outcomes.
|
|
Chinese product development center
: Peter Hanson is adopting to lead Chinese product development center (PDC) of Hi Tech Systems:International,multinational,global, ortransnational?
|
|
How management for the organization is responsible for risks
: Describe how management for this organization is responsible for mitigating these risks, and give an example of a strategy that may be used to mitigate a specific risk.
|
|
Dissertation manuscript evaluation
: You are interviewing with the CEO of a major corporation for the position of Human Resource Manager.
|
|
Independent business unit of the attachmate group
: Earlier in 2012, Microsoft Corporation and SUSE, an independent business unit of The Attachmate Group, Inc., announced a 4-year extension of their groundbreaking agreement reached nearly 5 years ago for broad collaboration on Windows and Linux int..
|
|
Who are the members of the board of directors
: Who are the members of the board of directors and what is the significance of their role at the bank? How has the Sarbanes-Oxley Act and other legislation impacted financial reporting for the bank?
|
|
Meaning of the acronym smart
: In your own words, First, provide the meaning of the acronym SMART with respect to training goals. Then, consider these four training objectives. Rewrite them as two SMART training goals.
|
|
Calculate the kci concentration in the tank
: Write a total mass balance on the tank contents convert it to an equation for dV/dt. and provide an initial condition. Then write a potassium chloride balance, convert it to an equation of the form dC/dt = f(C, V), and provide an initial condition..
|
|
Organizations take in the downsizing process
: What are seven typical downsizing activities that organizations take in the downsizing process.
|