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Collaborative Partnership and Relationships Question Answer 2022

   

Added on  2022-10-17

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Running head: COLLABORATIVE PARTNERSHIP AND RELATIONSHIPS
COLLABORATIVE PARTNERSHIP AND RELATIONSHIPS
Name of the Student
Name of the University
Author Note
Collaborative  Partnership and Relationships Question Answer 2022_1

COLLABORATIVE PARTNERSHIP AND RELATIONSHIPS1
1. List two areas of legislative and regulatory context of an organization
and briefly describe what they involve.
All the employees of the organization are required to follow the agreements of the
organization with relevant or proper legislations according to the tasks and roles allotted to
them. This involves regulations, prescribed laws and by-laws. The business enterprises need
to decide their obligations involved with legislations. More number of shareholders will have
the necessities in place that need to be considered in any kind of risk process related to
management. Laws or standards have been put in place in order to assure that the companies
meet a basic standard of care to assure that their actions do not harm or provide any loss to
others.
Examples of regulatory and legislative necessities may include the following things:
Legislation or acts dealing with
emergencies and natural calamities
professional health and safety
maintaining the environmental standards
privacy
opportunity for equal employment
safety standards
management process
operating process
All the people including the employees, suppliers, contractors, clients and others need to
follow the legal aspects, along with the regulatory and organizational necessities and to
perform by following or abiding them (Mazzarella 2015).
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COLLABORATIVE PARTNERSHIP AND RELATIONSHIPS2
2. Describe the following terms in relation to an organization.
A. Mission –
It can be termed as the short sentence of an organization which is written in order to
describe the purpose of the existence of that organization in the market place. It also states
about the main aim or objective of that organization, apart from identification of the goal of
its overall operations. The kind of product or service provided by the organization is also
stated in the mission statement, along with the geographical region of operation and the
primary or major customers or targeted market (Rajasekar 2013).
B. Purpose –
The purpose of the organization is almost similar to that of the mission statement. A
purpose helps to unifies the employees of an organization and aids them in understanding the
direction of the organization. It helps to justify the position of the existence of that
organization along with the importance of the work assigned and performed by the
employees. It also can be termed as the cause that helps to define the contribution of an
organization to the society or to the market where they are operating their businesses
(Gartenberg, Prat and Serafeim 2019).
C. Values –
Values of an organization can be termed as the fundamental or basic beliefs of that
organization. These are the guiding principles which helps to dictate the behavior apart from
helping the people or the employees of that organization to understand the dissimilarities
between the right and the wrong. The values of the organizations also help the companies in
order to determine if the organization is in the right track or not as well as achieving their
aims or objectives by creation of an unchanging guidelines (Novak 2014).
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COLLABORATIVE PARTNERSHIP AND RELATIONSHIPS3
D. Strategies –
An organizational strategy is the sum total of the actions that the organization aims to
achieve or accomplish the long-term goals of that organization. All together of these activities
can be termed as the strategic plan of that organization. Most of the people are involved in
order to lay out the business plans, which are the strategic plans, to gain the competitive edge
over the other companies. Apart from the involvement of the people working in an
organization, the strategy also includes the equipment, facilities and other things attached
with that organization.
3. Identify and explain three techniques that can be used to cultivate
collaborative relationships and partnerships.
Collaborative partnerships are the actions and agreements made by agreeing the
organizations to share the resources on order to achieve a mutual goal between the
organizations. It depends on the participation by minimum participation two parties who
agree to share their own resources like people, knowledge and finances. There are many
techniques which can be used to cultivate the collaborative relationships and partnerships.
Three of them are (Weigold, Weigold and Russell 2013):
A. Joint planning and strategizing - Here, the partnership are shared or mutually
reinforcing the strategies and plans in order to address same kind of challenges with mutual
accountability by the parties involved in this relationship.
B. Mutual consultation – The exchange or swap of ideas as well as thoughts are
required to develop the individual plans to complete or accomplish the advancement of goals
of the parties or organizations.
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