The document discusses the importance of relationships and networks in business. It explains that firms operate within complex networks of interactions and relationships rather than as isolated entities. The document also explores why business relationships and networks exist, including for specialization and outsourcing as well as value creation and innovation. Additionally, it discusses strategies for decision makers to manage relationships and networks, including political embeddedness and trade policy considerations.
2. CONTENTS
2
Introduction
Nature and role of relations and networks in business
Why business relations and networks exist
Business mating
Relationship attractors
Strategies for decision makers in relations
Conclusion
3. INTRODUCTION- RELATIONSHIPS &
NETWORKS
Relations and networks Click to edit Master text styles
are a part of our lives . Second level
A firm is not an island Third level
Fourth level
but a complex network of Fifth level
relations and
interactions.
4. WORLDS EXPORT PRODUCTION NETWORK
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Second level
Third level
Fourth level
Fifth level
5. NATURE AND ROLE OF RELATIONS AND
NETWORKS IN BUSINESS
RELATIONSHIP
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Second level
Interconnected steps of
Third level
transaction overtime Fourth level
involving at least two
Fifth level
people or two firms
6. NATURE AND ROLE OF RELATIONS AND
NETWORKS IN BUSINESS
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Second level
Third level
Fourth level
Fifth level
7. Value chainby Porter
The Value Chain is not a collection of
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independent activities but a system of
Second level
interdependent activities. Value
Third level
Activities are related by linkages Fourth level
within the value chain . Fifth level
Linkages are relationships between
the way in which one Value Activity is
performed and the cost or
performance of other . Porter (1985, p. 48)
8. WHY BUSINESS REALTIONS AND
NETWORKS EXIST
SPECIALISATION AND VALUE CREATION AND
ECONOMICS OF
OUTSOURCING INNOVATION
10. COLLABORATIVE ADVANTAGE .
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Second level
Third level
Fourth level
Fifth level
11. BUSINESS MATING- MATCHES MADE IN
HEAVEN
CHOOSING AND Click to edit Master text styles
Second level
BEING CHOSEN Third level
Fourth level
RELATIONSHIP Fifth level
FITNESS
RELATIONSHIP
DEVELOPMENT
13. RELATIONSHIP DEVELOPMENT
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Second level
Third level
Fourth level
Fifth level
14. MARRIAGE MADE IN HEAVEN
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Second level
Third level
Fourth level
Fifth level
15. 8 Is for We
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Individual Excellence
Importance
Interdependence
Investment
Information
Integration
Institutionalization
Integrity
16. STRATEGIES FOR DECISION MAKERS IN
RELATIONS
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Second level
Third level
Fourth level
Fifth level
17. 2 SITUATIONS FOR DECISION MAKER
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POLITICAL EMBEDDNESS OF BUSINESS NETWORKS
TRADE AND INDUSTRY POLICY FROM A BUSINESS
RELATION POINT OF VIEW.
18. CONCLUSION-The Future Of Business Relations
And Networks
MARKET TRANSACTIONS
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AND COLLABORATIVE
Second level
ADVANTAGE. Third level
Fourth level
THE FUTURE Fifth level
19. REFERENCES
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Edward Elgar - Business Relating Business Managing Organisational
Relations and Networks.
Jeffrey H. Dyer- Collaborative advantage: winning through extended
enterprise supplier networks.
Bhuvan Unhelkar, Abbass Ghanbary and Houman Younessi -
Collaborative Business Process Engineering and Global Organizations:
Frameworks for Service Integration.