Organizing in a Changing Global Environment - Strategies for Managing Symbiotic Resource Interdependencies

5 important questions on Organizing in a Changing Global Environment - Strategies for Managing Symbiotic Resource Interdependencies

What are the four strategies to manage symbiotic interdependencies? Ranging from more informal (less cooperation) to formal (more cooperation).

  • Reputation
  • Cooptation
  • Strategic alliance
  • Merger and takeover

How do you call a state in which an organization is held in high regard and trusted by other parties because of its fair and honest business practices?

Reputation

How do you call a strategy that manages symbiotic interdependencies by neutralizing problematic forces in the specific environment?

Co-optation
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How do you call a linkage that results when a director from one company sits on the board of another company?

Interlocking directorate

How do you call a strategic alliance among two or more organizations that agree to jointly establish and share the ownership of a new business?

Joint venture

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