Knowledge Link: How Firms Compete through Strategic Alliances - Joseph L. Badaracco - Hardcover

Corporations enter into strategic alliances to capitalize on knowledge: migratory knowledge--often technical in nature, which can be transferred easily between people or organizations in a formula or product, & embedded knowledge--which defines how a particular company organizes itself to do business. Management should not only use alliances reactively to match a competitor's products or plug gaps in its own product line. The long-term opportunity created by alliances lies in management's learning about a partner's unique manufacturing processes, or distributor relationships, or management & employee training practices, or other sources of competitive advantage. Absorbing this embedded knowledge offers management a cost-effective way to transform its core operations & strengthen the organization. The dynamic nature of knowledge has created a new corporation that encompasses not only a specific firm, but also the web of relationships that surround & enmesh it.Badaracco, Joseph L., Jr. is the author of 'Knowledge Link: How Firms Compete through Strategic Alliances - Joseph L. Badaracco - Hardcover' with ISBN 9780875842264 and ISBN 0875842267.