Transformative Collaboration

Posted on December 31, 2013 in Business Essentials, Strategic Alliances

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Although written from a not-for-profit perspective, Alison Rapping of Alison & Associates (a not-for-profit consultancy based in Arizona) shares my view that “collaborations are going to be a driving force in building stronger relationships.”

In particular, I think that collaboration (or what I would call “alliances” in the for-profit sphere) will become more and more in vogue for a couple of reasons. First, it enables entrepreneurs to leverage OPR–other people’s resources–and gain the benefits without necessarily adding the infrastructure. Second, with more and more companies being started by solopreneurs working from home and/or working in silos, an alliance creates community.

Rapping highlights some very helpful descriptions of how the different collaboration models work; namely, coalitions, collaborations, strategic alliances, joint ventures and mergers. She also provides her top five tips for collaboration success, which include:

  1. Intention
  2. Vision
  3. Goals and accountability
  4. Evaluation
  5. Celebration

In other words, “Plan, implement, evaluate and celebrate!” We entrepreneurs tend to forget to give ourselves a pat on the back for work well done.

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