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The Knowledge Link: How Firms Compete Through Strategic Alliances

The Knowledge Link: How Firms Compete Through Strategic Alliances

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Key Metrics

  • Joseph L Badaracco
  • Harvard Business Review Press
  • Hardcover
  • 9780875842264
  • 9.49 X 6.41 X 0.96 inches
  • 1.1 pounds
  • Business & Economics > Management - General
  • English
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Book Description

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, and 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 and employee training practices, or other sources of competitive advantage. Absorbing this embedded knowledge offers management a cost-effective way to transform its core operations and 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 and enmesh it.
The Knowledge Link: How Firms Compete Through Strategic Alliances

Author Bio

Joseph L. Badaracco is the John Shad Professor of Business Ethics at Harvard Business School. He has taught courses on business ethics, strategy, and management in the School's MBA and executive programs.

Badaracco is a graduate of St. Louis University, Oxford University, where he was a Rhodes scholar, and Harvard Business School, where he earned an MBA and a DBA. In recent years, Professor Badaracco served as Chair of the MBA Program and as Housemaster of Currier House in Harvard College. He has also been chairman of the Harvard University Advisory Committee on Shareholder Responsibility and has served on the boards of two public companies. Badaracco has taught in executive programs in the United States, Japan, and many other countries and has spoken to a wide variety of organizations on issues of leadership, values, and ethics. He is also the faculty chair of the Nomura School of Advanced Management in Tokyo.

Badaracco's current research focuses on what counts as sound reflection for busy men and women who have serious responsibilities and face hard, practical problems. He has written several books on leadership, decision-making, and responsibility. These include Defining Moments: When Managers Must Choose between Right and Right, Leading Quietly: An Unorthodox Guide to Doing the Right Thing, Questions of Character, and The Good Struggle: Responsible Leadership in an Unforgiving World. These books have been translated into ten languages.

Badaracco has three children and lives with his wife, Patricia O'Brien, in Brookline, Massachusetts.

 

Source: Harvard Business School 

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