Developing and Cultivating Collaborative Partnerships Report - BUS101

This report examines Sim's Hardware's approach to developing and cultivating collaborative partnerships, focusing on a joint venture for researching a technological product. The report is divided into tasks, addressing topics such as demonstrating high standards of personal performance, implementing communication strategies, stakeholder consultation, increasing staff commitment, and analyzing business outcomes. It also explores models for effective collaboration, the significance of collaborative relationships, and processes for establishing a positive workplace culture. Task 2 delves into the specifics of the partnership program plan, including organizational policies, legal requirements, the type of public-private partnership, and resource allocation. The report highlights key aspects like confidentiality agreements, letters of intent, and the selection of a joint venture partnership. It emphasizes the need for clear decision-making authority, legal compliance, and resource management to ensure the success of the partnership. The report provides a comprehensive overview of the strategies and considerations involved in forming and managing collaborative partnerships within a business context.

Develop and Cultivate
Collaborative Partnerships
and Relationships

Table of Contents
INTRODUCTION...........................................................................................................................4
MAIN BODY..................................................................................................................................4
TASK 1............................................................................................................................................4
TASK 2............................................................................................................................................4
Introduction of the Organisation..................................................................................................4
Partnership Program Plan............................................................................................................4
Partnership Agreement................................................................................................................6
Media Campaign..........................................................................................................................7
Leading Establishment of Positive Collaborative Relationships.................................................8
Conclusion...................................................................................................................................9
TASK 3............................................................................................................................................9
TASK 4............................................................................................................................................9
1 Two areas of legislative and regulatory of organisation...........................................................9
2 Definition of following terms of organisation........................................................................10
3 Three techniques that can be used to promote cultivate collaborative relationship and
partnership.................................................................................................................................10
4 Three methods of data collection............................................................................................11
5 Types of analysis which can used to evaluate eternal content of business environment........11
6 Emotional intelligences and its relationship with individual and team effectiveness............11
7 Identification of stages in effective management of change and organisational transformation
...................................................................................................................................................12
8 Three key principle that needs to be applied in resolving conflict in fair, equitable and
collaborative manner.................................................................................................................12
9 Identify three activities that could encourages staff to
undertaken activities to develop their personal competence and performance.........................13

10 Indicators and feedback process that can be used to established and evaluates healthy
working environment.................................................................................................................13
11 Five legal requirements in planning of collaborative partnership and relationship (30-50).13
12 Range of information needed to be identified and complied while forming partnership
using collaborative and consultative processes either private or public....................................14
13 Threes types of resources for partnership program..............................................................14
14 Five issue of policies and procedure regarding partnership.................................................14
15 Consideration regarding reporting system for planned partnership outcomes.....................14
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................16

INTRODUCTION
Partnerships and collaborations can be immensely productive for business organisations
as these can help the businesses operate successful in the operational industries towards
generating increased profits overall and reducing losses incurred individually (Badgett, 2016).
This report evaluates the joint venture partnership that Sim’s Hardware is entering into for
researching on a technological product.
MAIN BODY
TASK 1
1
The three major ways in which one can demonstrate the high standard of personal performance
and conduct to generate trust, confidence and support are as follows-
The first way is to set the clear standards of working and the standards must be a little high as
compared to the ability of the person (Peachey and Cohen, 2016).
Another way is to prioritise all the working in such a manner that this result in proper completion
of the aim and objectives of the person relating to performance.
Another major way of demonstrating high performance standard of personal performance is
better communication. This is due to the reason that if the communication will not be good then
the company will not be able to manage the performance and working of the company.
2
Actions that will help in developing and implementing communication strategies for representing
organization to media, local community and stakeholder is as follows-
The first strategy for the company to implement communication strategy for presenting the
company among the local community, media and the stakeholder is to listen. This is the major

strategy as if the person or the employees within the company will not listen in proper and
effective manner then the communication will not take place in proper and effective way. Thus,
because of this the listening the major important strategy to develop and implement good
communication strategies.
Another major strategy is to make proper use of the non- verbal communication techniques. This
is majorly due to the fact that the communication is mostly non- verbal it means that the
communication takes place with help of non verbal method that is body language, facial
expression, gestures and other methods.
In addition to this another major strategy for developing and implementing communication
strategy for the presenting of company among local community, stakeholder and media is the use
of simple and clear language when communicating with the stakeholders and other people (Ho,
Ghauri and Larimo, 2018). This is majorly because of the fact that when the communication will
be simple and clear then this will make sure that all the stakeholders and other people are
listening and understanding what the company is trying to say.
Along with this another important strategy for successful developing and communicating with
the media, stakeholders and the local community is the proper use of the written communication
tools. This is basically essential because of the reason that when the company will make use of
the written communication then this will ensure that the other people are understanding what the
company intends to say. Hence, this will make sure that the company is communicating in proper
and effective manner and also this written communication can be kept as proof to be used in
future as well.
3
It is very much important for the individual to consult with variety of different stakeholder at the
time of making decision, as all the stakeholder generally used to has different sort of interest in
the organization, this eventually used to force the individual to have point view of all the
stakeholder at the time of making decision in organization.
4

There are variety of different sort of step which can be taken in the organization to increase the
commitment of the staff member and stakeholder in the organization. Two such type of the
strategy which can be implemented are as follows:
Team meeting on regularly basis, it is the first strategy which can be applied in the organization.
It is the strategy there should be formal and informal meeting need to be organized in a
organization so that all the different individual can communicate with each other in the
organization, these will eventually help the company in promoting the culture of the company in
better way. For example: Organization can celebrate the birthday of all employees whose
birthday has occurred in the month. These will help all employees in gelling up with the other in
the organization also all the employee will work together in the organization and will able to
understand the culture which is generally followed in the organization in the long run.
Good and structural Communication: It is another important strategy which can be followed by
the organization in the long run. Under these strategy organization has to make sure that they
used to follow good and structural communication in the organization, these will eventually help
the company in building a situation in which all the different stakeholder and employee are
getting information about what are the different sort of thing which are generally going on in the
organization and on the basis of the same they will find it easy to pass on the different
contribution from their side very easily. Hence, it will eventually increase the contribution of
different individual in a way that they are ready to pass on the different point of view of
themselves in the organization. Reason behind identified the same is that all the individual
always look to pass on their point of view or contribute to decision making if the company
generally used to consider hearing the point of view of all the employee. So it will be good
strategy for the company to fix good sort of communication platform in which all the employee
can communicate very freely in the organization in long run.
5
Selected community undertaking in the organization generally used to help the company in
getting more specific information than gathering the information from variety of different
individual in the market. Reason behind highlighting the same is that if more number of
stakeholders are included than decision can be derived in variety of different way in the
organization and create uncertainty in the organization.

6
There are variety of different outcome which will be seen by the organization due to business
pattern in the organization. 5 different outcome of business pattern are as follows:
 Clarity of communication
 Authority allocation is simplified
 Communication enhanced in the organization
 Human resource retention
 Efficiency of different task improved
7
Two models for the effective collaboration and consultation within partnership are as follows-
The four circle of consultant collaboration- this is a model which s based on two fact that is
collaboration is basically providing value to all client, stakeholder and collaborators of business.
But in accordance with this model the major focus is over the clients because if the client will not
be satisfied then this will help the business in improving (Curcio and Adams, 2019). In
accordance with this model the four components are business development, trust, thought
leadership and the project execution.
Another major model of collaboration and consultation within the business is the sharing model.
Under this model the company partners with some of the other companies and because of this
they share all the different types of working and other things. Thus, this is named as the sharing
model as all the working and the liabilities of the company are shared.
8

To cultivate the collabitive communication in the organization, organization has to make sure
that they generally use more than one medium or form of communication in the organization.
This will eventually help the company in enhancing the level of communication in the
organization.
9
There are varieties of different significance which are brought by the Collaborative relationship
at the workplace and this used to drive the company to look for collaborative relationship in the
organization. Some of the significances are as follows:
 It help in problem solving in organization
 Opens new channel of communication within organization
 Boost morale of different individual in the organization
 Higher retention of employee in the organization
 Help the company in building efficient workers in the organization.
10
 Three major processes that can be used for establishing creation and maintenance of
positive culture and collaboration positive workplace culture are as follows-
 The first process is the effective communication among all the stages of management and
within the company.
 Another major process is the proper management process and the effective decision
making process so that all the decision for the better creation of the working of company.
 Use of proper training in the company so that the company can train the employees and
management with the latest technology and the trends going on in the market.

TASK 2
Introduction of the Organisation
Sim’s Hardware is amongst the largest hardware retail businesses in Australia and
currently operates around 138 retail establishments across Australia, employing close to 10000
employees in the process.Sim’s Hardware is entering into a joint venture partnership for
researching on a technological product.
Partnership Program Plan
A) Organisational Policies
For the joint venture partnership of Sam’s Hardware to be successful, the business needs
to create various organisational policies with its partner. The most major organisational policies
relate to provide clear guidelines relating to which individual in the joint venture possesses the
authority to undertake the final decision making operations (Polesel and et.al., 2017).
Organisational policies relating to the effective review of the created contract between Sam’s
Hardware and their partner are also highly relevant.
B) Legal Requirements
There are several legal requirements of Sam’s Hardware for entering into a joint venture
partnership. The most significant of these relate to creating a legal confidentiality agreement so
that Sam’s Hardware can protect the integrity of their own business knowledge and keep their
partner from misusing any sensitive information or knowledge that is possessed by Sam’s
Hardware. Further legal requirements relate to creating a legal letter of intent that details the key
terms of the partnership.
C) Type of Public Private Partnerships
From all the different types of public private partnerships available to Sam’s Hardware such as
concessions, leases, BOT, DBO etc., Sam’s Hardware chooses to engage in joint venture type of
public private partnership as this can allow for Sam’s Hardware to effectively conduct the
research that is required relating to their new technological product.
D) Allocating Resources

In order to accomplish the required partnership program plan, Sam’s Hardware would
need to allocate various organisational resources. The main organisations resource that Sam’s
Hardware needs to allocate relates to financial resources required to properly conduct all the
legal requirements of the partnership plan and agreement (Nurmala, de Leeuw and Dullaert,
2017). In addition to the financial resources, Sam’s Hardware would also need to allocate some
human resources such as mediators and negotiators who can collectively negotiate the terms of
partnership with Sam’s Hardware’s partners.
E) Reporting Results of Partnership
The success of the partnership of Sam’s Hardware and the other organisation can be
reported and evaluated only when its planned partnership outcomes are created to be specific,
measurable, achievable and timely. When both partners detail and agree that a market share
increase of 10% is the planned outcome of the partnership, then this can be measured and
compared to the measured increase in market share of the partnership.
Partnership Agreement
A) Partnership Outcomes
The outcomes of the partnership have to be negotiated and agreed upon by both the partners
involved. The agreed upon joint venture partnership outcomes of Sam’s hardware relate to
increasing their total numbers of customers serviced by 12% over the next 12 months. Another
agreed upon outcome of the joint venture partnership relates to increasing their overall market
share by 7% in the next 12 months.
B) Conducting Ongoing Consultation
The best method through which Sam’s hardware can effectively conduct an ongoing
consultation with their proposed partner company is by negotiating. Negotiations would allow
for both Sam’s hardware and their partner organisation to put forth their own preferred
outcomes, assumptions, and preferences, with both the parties able to reach a productive middle
ground when the negotiated ongoing consultation is over.
C) Communication Solutions

There are numerous effective communication solutions that Sam’s hardware can adopt in order
to engage and communicate with their partners. Since verbal form of communication is best in
such situations, Sam’s hardware and their partner organisation can conduct face to face
conferences, meetings etc., either through traditional or digital means (Bendell, 2017). Further
Sam’s hardware can also engage in written form of communication using digital tools of
communications such as emails to communicate the lengthy intricate minutia of the planned joint
venture partnership to their partner.

Media Campaign
JOINT VENTURE OF SAM’S
HARDWARE