Niederkofler: evolution of strategic alliances
17 important questions on Niederkofler: evolution of strategic alliances
Development of strategic misfit
Strategic misfit could be traced back to
- non-resolved operating misfit, combined with dependence on the parner
- Change in firms environments and strategies. over time, interests shift and the cooperation may lose its appeal or even conflict with partners goals
Hypothesis of Niederkoflers article
Renegotiation or exit
Strategic misfit can be resolved by
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
For my 1st exam I got a C. Then, I started looking for ways to learn better and I came across Study Smart. Since then I have scored a A+, A, A- and another A. I highly recommend it to everyone who wants to hear it. I am so happy with it!!
I was struggling to finish all my first-year subjects for 3 years. Then I discovered Study Smart, which helped me to finish all of them within 3 months.
Because of StudySmart, things are going well in many ways. Before, I always had study stress and no time for anything. Now I feel calm and confident (because of the program). I used to score a B, now I usually score an A or A+.
Hey Chris, I really want to thank you very much for developing the platform, I usually got around C for my exams, now I scored an A+, an A and a A- !!
Since using Study Smart, my average has increased significantly. I even completed a statistics course with a A+ while I'm bad at statistics. I took on extra courses this year, because of Study Smart. Thanks so much!
Ever since I started studying with StudySmart I passed all my exams !!! No more re-sits!! At first, I was happy with a pass and now I only get good grades. Many thanks!
I aced all the courses I studied with Study Smart. For law, I first scored a D, and now an A! I’m 100% sure that I’ll pass all the courses I study with Study Smart.
I always thought I studied well. My grades were fine. I could never have imagined that applying these study skills would have such a huge and direct impact on my grades, my speed and the pleasure I have in learning.
For the first time, I finally feel totally confident about the way I learn. I have the perfect overview and make great progress in terms of speed and the grades I get. Thanks, Chris!
I immediately started to enjoy learning again, and my grades soared. All of a sudden, everything went better. I highly recommend Study Smart to all students..
Being able to create my materials online made the process of studying so much smoother and quicker. I no longer have to spend a huge amount of my time on creating my summaries.
At first, my notes were a mess. Now I use Study Smart to take my notes in a perfectly structured way. It helps me to save a lot of time and do other things I enjoy.
Students that study with Study Smart get better grades. The system applies all the learning methods in such a way that both well-performing students and students who struggle perform much better.
Hi Chris, I would like to thank you very much. Last year I scored C on a course, and this year I got an A+ thanks to your method! Thank you very much!
The largest effect is that my child is more enthusiastic about school! Every parent wants their children to be happy at school, Study Smart made it happen.
In high school, I failed several exams, and that has really changed now. I actually needed this tool very much back then. Since I started studying with StudySmart, I haven't had any D's. My average score is now an A and those are results I would have never had in the past
With my old method, I passed only 3 out of 8 courses. Since I started taking my notes digitally in Study Smart, I have passed all my courses on the first try. For me, StudySmart takes away the stress of wondering if I will pass or not.
Thanks to StudySmart, I passed all my exams, and with better grades than before! On top of that, I have mastered a very good study method now, which I am confident will help me earn my degree.
Flexibility is important in a strategic alliance
- as all partnerships are subject to unseeable change
- success depends on partners ability to make adjustments in their relationship
Two main factors determine the evolution of cooperative relationships
- Strategic Fit
- Operating fit
Dealing with operational misfit
Non-Invented-Here (NIH) facto
In theory strategic alliances between SE and LE offers competitive advantage because
- SE's knowhow, with
- LE's marketing and financial powers
There is a sequential build up, as a relationship is slowly built, and commitment to partners increases as the knowledge of partner grows. Which is has two important advantages
- if strategic misfit should develop, then a relationship with less commitment and less involvement is easier to dissolve
- Operating misfit will be reduced over time, as the knowledge of the partner grows and goodwill develops in the relationship
Initial negotiation and contract drafting
- contract is not final, but beginning point
- fair deal (which may require little sacrifices) is better than one that doesn't work at all
- negotiation must produce clear understanding of partners resources and interest, to create strategic fit
- agreement should be as specific as possible, but not constrain because changes are unavoidable in cooperative relationships
Problems in SF-LF alliance
Regarding control
- Risk that LE dominates alliance and SE is dependent partner --> Calimero effect
Boundary spanners that have experience with the organizational domain, may
- reduce cultural and structural misfit
- Ex. a CEO of SE who has worked in context of a LE for a period, is familiar with structures and procedures of LE
The importance of goodwill and trust in creating strategic alliance
- has a stabilizing effect on relationship at all development stages
- increase partners tolerance for each others beahviour
- helps avoiding conflicts
- raises general level of communication, and thereby decreases chance of operational misfit
Negotiations establish operating misfit
- What makes them attractive for each other? can also be source of conflict.
- Some talk about culture shock, when they describe fundamental differences between SE and LE in risk taking and quality control
- Negotiators can be ethusiastic about corporations, individuals of org. may not
- Negotiation process often lacked depth to address operating issues: rather then spend time on hammering out co-operating details, they believe 'things will work themselves out'
Problems in SF-LF alliance
From SE perspective
- Implausible demand for info by LE
- Decision delay (by bureacracy) by LE
- Lack of support of LE
- LE suffer from NIH syndrome
Potential problem areas of LE-SE alliance are;
- capability
- commitment
- control
- compatibility
Problems in SF-LF alliance
From LE perspective
- Lack of formal analysis by SE
- Irritation due to SE impatience
- Lack of knowledge of SE
Dealing with operational misfit
could be overcome with help of adjustments on operational level
- Sustained operating misfit, which is not corrected, leads to dormant relationship
- organizational differences between SE and LE, as cultural or structural, offer large potential for conflict. Can bridge this gap with special skills in communication and diplomacy
- Managers of LE are uncomfortable with uncertainty of new org. And managers of SE must be warned for innovation will be stiffled by cooperation
- to make it work, operational misfit needs to be acknowledged first. Partners have tendency to blame each other, rather then share responsibility
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
