Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business

If a company does not invest, it faces several problems: lagging behind competitors in terms of production technology; being unable to meet customer needs for better-performing or cheaper products; not having facilities and equipment ready by the time demand picks up again; or failing to comply with stricter regulatory requirements for safety or emissions. The model can be a win-win as long as the two companies address different customer segments. Benefits and risks of co-opetition.

Leadership Is About to Get More Uncomfortable

Harvard Business Review

Such “co-opetition” will require leaders to maintain a difficult dual perspective – rivals must be simultaneously seen as both vital partners and market threats. Altrocentric leaders will be capable of long-term vision encompassing both global and local perspectives. Organizations need to develop leaders who are motivated by altrocentric leadership. Employees used to know just your name, your face, your business reputation.