Reference no: EM13733267
Managing Partnering Agreements
Stock car racing is a very dangerous form of auto racing. The drivers of NASCAR are always in competition, but they often engage in a cooperative strategy called drafting. The idea is for one car to pull in behind another, often only inches apart, taking advantage of aerodynamics to maintain speed with greater fuel efficiency. If only briefly, the two drivers have formed a partnership for that portion of the race.
Oddly enough, a similar type of cooperation/competition sometimes is employed in the auto manufacturing industry. For example, in 2002, General Motors and Ford Motor Company cooperated to build a new automatic transmission, designed for transverse engine applications in cars and light trucks (Shuldiner, 2006). The companies agreed to invest $720 million in their manufacturing plants to support the new transmission. Even though they remain fiercely competitive, they each leveraged the others efforts, and in so doing increased their chances of competing against companies like Honda and Toyota.
The Ho et al., article notes that in entering partnership agreements, companies need to carefully balance competition and cooperation because many such strategic alliances involve potential sharing of information, knowledge, and technology in ways that cannot be completely controlled. In your research, give consideration to what specific skills are beneficial to HR executives when managing partnering agreements.
With these thoughts in mind:
Evaluate the skills necessary for HR executives to manage partnering agreements. What HR skills are needed to maximize protections and preserve competitive advantages for organizations in partnering agreements that involve sharing of information, knowledge, or technology? What HR skills are needed to maximize cooperation, which can lead to its own competitive advantages, and why?
|
Analyze the role of rhetoric in knowledge
: Describe the original understanding of sophistry and contrast that understanding with its common understanding today. Analyze the role of rhetoric in knowledge. How has this role changed today?
|
|
What are the four levels of follower maturity
: List the six basic steps involved in building the house of quality. What are the four levels of follower maturity defined by the situational leadership theory
|
|
Concept of respect in stewardship
: The concept of respect in stewardship is common-sense knowledge to some. However, the value is the hardest to master because it is imbedded in all the activities of a leader.
|
|
Write a summary of the microsoft case study
: Write a summary of the case study. Be sure to describe and explain the importance of strategic leadership in managment Microsoft's resources in your summary.
|
|
Managing partnering agreements
: Stock car racing is a very dangerous form of auto racing. The drivers of NASCAR are always in competition, but they often engage in a cooperative strategy called drafting. The idea is for one car to pull in behind another, often only inches apart,..
|
|
Write an essay on abraham lincoln the steven speilberg film
: I am just looking to see if anyone can do a short essay ~1,000 words on a film review/personal reflection on Abraham Lincoln the Steven Speilberg film.
|
|
Craft a job description for the position you wish to hire
: Imagine a business that you would like to start and that it is at the stage of adding one or more employees. In a minimum of 2-3 pages, complete or answer the following- Craft a job description for the position you wish to hire.
|
|
Write a summary of the netflix case study
: Read the Netflix Case Study in Case Study section of the text - Write a summary of the case study. Be sure to define entrepreneurs
|
|
Comprehensive outsourcing decisions
: When a company successfully makes use of outsourcing agreements time and again, its decision-making process is probably worth emulating. Smiths Medical is one such company that assesses potential outsourcing partners with a checklist that communic..
|