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Why Your Company Should Partner with Rivals

Harvard Business Review

But in today's interdependent world, this flawed belief is proving a thorn in the balloon that would otherwise raise many companies' future commercial success. Indeed, the true paradox that smart, trailblazing companies are solving is how to outperform their competition by collaborating with their competition. His blunt response: No.

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Leadership Is About to Get More Uncomfortable

Harvard Business Review

And along with this increased transparency, you’re held accountable for areas you know less about: new technologies, new markets, new cultures and geographies representing new stakeholders. Competitors will be recast as allies, as rival companies will have to work together to achieve more complex technical innovations.

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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

But on the other hand, in order to safeguard the company’s future competitiveness, CEOs may have no other choice than to invest now. To escape this quandary, a number of companies are considering alternative asset ownership and operation models, whose objective is to reduce capital outlays, investment risk, or both.

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Old Management Systems Stifle New Business Models

Harvard Business Review

Most large companies struggle to get the most out of the vast amounts of data they’ve collected. That fact becomes apparent when you juxtapose the balance sheet of a company like Microsoft with the balance sheet of a company like Siemens. Where we land is firmly in the face of a management paradox.

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Use Co-opetition to Build New Lines of Revenue

Harvard Business Review

The way forward is co-opetition, in which entities in the same industries act with what everyone recognizes as partial congruence of interests. Nalebuff have written in their book Co-Opetition , businesses that form co-opetitions become more competitive by cooperating. There [are] lots of co-opetitions.”.