Learning Management Report: Partnership Agreement Analysis

This report is a comprehensive analysis of a Learning Management assignment, focusing on Sim's Hardware and its partnership program. It explores various aspects of establishing and maintaining effective partnerships, including relevant organizational policies, legislative frameworks, and different types of partnerships. The report delves into resource requirements, reporting systems, and detailed partnership agreements, outlining outcomes, ongoing collaboration methods, and communication solutions. It also addresses media campaigns, positive collaborative relationships within the organization, conflict resolution, and strategies for encouraging staff competency and empowerment. Furthermore, the report analyzes formative assessment tasks, such as case study analysis, identifying ways to demonstrate high standards of personal performance, develop effective communication strategies, make decisions in consultation with stakeholders, and increase commitment among staff. The report also touches upon professional engagement, outcomes with business partners, models of effective collaboration, and reasons for initiating collaborative relationships, concluding with processes for creating a positive organizational culture.

Running head: LEARNING MANAGEMENT
Learning Management
Name of the student:
Name of the university:
Author note:

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Table of Contents
Formative Assessment Task 1- Case study analysis:.................................................................4
Formative Assessment task 2- Report on partnership agreement with other company:............9
Executive Summary:..............................................................................................................9
a) Introduction of Sim’s hardware:......................................................................................10
b) Partnership program plan:................................................................................................10
1. Relevant organisational policies and procedures:........................................................10
2. Relevant legislative framework, required for making partnership:.............................10
3. Type of partnership, required to engage the partner:...................................................11
4. Resource requirement to accomplish the partnership plan:.........................................12
5. System of reporting the result of partnership:..............................................................12
c) A detailed partnership agreement:...................................................................................13
1. Outcomes, to be achieved from the partnership:..........................................................13
2. Ways of conducing ongoing partnership with the partner company:..........................13
3. Communication solution to engage the partner company:...........................................14
d) Media campaign for advertising new joint venture:........................................................14
e) Ways of establishing positive collaborative relationship within Sim’s hardware:..........14
1. Process of creating positive culture:............................................................................14
2. Methods of resolving conflict:.....................................................................................15
3. Planning for organising work activities:......................................................................15
4. Methods for encouraging staffs to strengthen personal competency:..........................16
5. Approaches to empower the staffs to develop their way of working:..........................16
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6. Feedback process for working environment:...............................................................17
e) Conclusion:......................................................................................................................17
Summative Assessment task 4- Written test............................................................................18
References:...............................................................................................................................23
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Formative Assessment Task 1- Case study analysis:
1. Identifying three ways of demonstrating high standard of personal performance in
an organisation?
Personal performance and conduct play a major role in strengthening organisational
productivity, which is very much needed to attain competitive advantage (Firsov et al.
2019). The ways, through which high standard of personal performance can be
demonstrated are as follows:
 Consultation with the stakeholders in decision making process. It is important to
ensure that their perceptions are incorporated in final decision.
 Showing respectful attitude to the stakeholders at the time of communicating with
them.
 Empowering and encouraging the stakeholders to contribute their best towards
organisational success.
2. What actions can be taken to develop and implement effective communication
strategy for representing the organisation properly?
Implementing effective communication strategies is the key of promoting consistent
growth of business. The actions of implementing effective organisational communication
strategy include:
 Preparing and delivering presentation. This is the way, through which relevant
message and information can be communicated among both external and internal
stakeholders.
 Giving media interview is another major activity of developing robust
communication strategy. Through this way, the external stakeholders can be kept
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informed.
 Writing press release is also a major communication strategy. This is a written
statement, which is being widely used recently for the sake of offering a range of
information.
3. Why consultation with relevant individuals at the time of decision making is
important?
Consultative or collaborative decision making is the key matter of consideration among the
management of corporate entities. With the assistance of this collaborative decision
making, shared vision among the people can be created. The stakeholders can be
individual, group of people and institutions, who have significant role or interest in
decision making (Stadtler and Lin 2019). Making decision by involving the stakeholders
can have a firm impact on strengthening the fundamental value of decision, which is the
key of attaining long term success from business. By consulting with the stakeholders can
also help in resolving critical business related issues.
4. What strategies can be used to increase commitment among the staffs and
stakeholders to accomplish organisational objectives?
Both the employees and stakeholders are important factor in accomplishing organisational
objectives such as sales target, business goal and performance objective. Thus, it is
imperative to comprehensive strategy, in order to modify the attitude of the staffs and other
stakeholders (Artunç and Guinnane 2019). The strategies are:
 Ingratiation
This is a simple strategy, a company can use a motivated employee in terms of improving
the degree of dedication among the staffs and other stakeholders.
 Reward
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This is the most effective strategies to drive motivation among the staffs to perform their
assigned task with utmost efficiency. The companies should offer the employees and
stakeholders with both monetary and non-monetary rewards to generate commitment
among them.
5. Importance of professional engagement in an organisation.
Strong professional engagement plays a major role in creating positive image in an
organisation as the business image is entirely dependent on the perception among the staffs
and other human resources. Professional engagement is an effective way of creating a
strong network in the organisation and thus build a cordial professional relationship with
that of the stakeholders (Yurnalissa and Maria 2019). Through effective professional
engagement, the organisations become able to access wide ranges of resources, improve
the operational network and thereby accelerate the fundamental value of their business.
6. Outcomes that can establish with business partners.
Partnership can be considered as a circumstance, in which two parties make a business
agreement and thereby same liability and benefit. Effective partnership must involve a
formal agreement and learning system. The outcomes that can be established in the
partnership relationship include:
 Increasing the base of the customers
 Expanding the business in new domain
 Lowering excessive cost of operation
 Promoting the products through advertisement
 Increasing statistics of sales
 Accelerating the statistics of market share
7. Models of effective collaboration within partnership
Effective collation in partnership is very much needed in terms of ensuring cordial
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organisational communication. Collaborative consultation also supports in mitigating
fundamental issue of business. Models of effective collaboration include:
 Open days
This is the major model od effective collaboration. Through this way, an organisation can
allow their partner to visit their project (Cheong 2019). This policy paves the way for
people to raise issues and concern and thereby figure out possible solution.
 Polls
This is an online tool of ensuring effective collaboration within partnership. This is the way
of posting a range of questions among people and thereby understand their perceptions.
This is the way of getting consistent solution in a timely and cost effective manner.
8. Identifying the communication solution that are used to ensure collaborative
communities and partnership.
Shared planning and collective usage of resources are the key of cultivating collaborative
partnership. Cordial relationship in between the parties is the most significant factor to
ensure collaborative partnership. Communication solution for ensuring collaborative
partnership include:
 Conduction of meeting session regularly
 Making open line of communication
 Acknowledging different perception among people towards communication
 Clarifying the message among people
 Maintaining respectful and productive communication
 Considering multiple point of view
9. Reasons of initiating collaborative relationship in an organisation.
Collaborative communities or partnership is the key of satisfying identified needs by
building productivity of each of the organisation. This is the way, through which underlying
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value of business can also be amplified (Wynn and Jones 2019). The reasons behind shaping
collaborative relationship in an organisation are as follows:
 Exploring the opportunity to access new technology and execute it within business
process
 Acquiring economies of scale
 Attaining vertical integration and thereby extend the supply link that can cope up
with the environmental changes
 Business process restructuring and thereby improving organisational performance.
10. Process of creating positive culture in an organisation.
Collaborative relationship plays a major role in creating positive organisational culture,
which is very much needed to attain desired outcome from business. The process of
creating positive culture that can embrace collaboration are presented below:
 Encouraging the staffs to execute collaborative practice by accessing educational
resources.
 Acknowledge the co-workers, who give value to collaborative working. Some of
the influencing strategies can also be used in this context.
 Putting stress on the benefit of collaboration among the people, who execute this
practice. This can also act as a motivational factor for others.
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Formative Assessment task 2- Report on partnership agreement
with other company:
Executive Summary:
This reported focuses on strategic partnership in the context of Sim’s hardware. Various
aspects of partnership have been discussed in the paper. It has been observed that partnership
is the key of attaining immense success from business as it supports in effective resources
and thereby strengthen utmost value of business. This is the way, through which the
companies can also expand their business in new market.
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a) Introduction of Sim’s hardware:
Esquire (2019) commented that partnership is considered as an arrangement, through
which two or more parties enter into an agreement in order to satisfy their mutual interest and
resolve mutual risk. This report will put forth the discussion of partnership agreement in the
context of Sim’s hardware. This is one of the largest hardware retailer of Australia, operating
more than 100 stores throughout the country. This is the leading metal retailer throughout the
world, with more than 80 years of experience in the metal recycling industry. Now, the
company is aiming to develop their partnership program in order to gain access to new
market. This report highlight different aspects, which need to be considered by Sim’s
hardware in order to develop and carry out their partnership program successfully.
b) Partnership program plan:
1. Relevant organisational policies and procedures:
There are some of the major organisational policies, which needs to follow in terms of
developing effective partnership program. Relationship building is the key organisational
policy for developing partnership program. According to this policy, it is imperative for both
the partners to build commitment towards collaborative approaches, which is very much
needed to maintain cordial relationship between them (Ashraf, et al. 2019). Ensuring shared
decision making process is another vital policy of making partnership working. Access to
effective resources and appropriate management of equity are the key organisational policy of
launching partnership program. This is the way, through which fundamental value of
partnership can be accelerated (Reissner 2019).
2. Relevant legislative framework, required for making partnership:
Making effective partnership is a systematic approach, which needs to be implanted
under certain legal framework. As Sim’s hardware is aiming to make partnership in order to
get access of high end technological products, it is imperative for the higher authority of the
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company to ensure the fact that they are following all the legal requirements, which is the key
of carrying out effective collaborative partnership. Thus, the legal framework needs to be
incorporated in the planning process (Tipu 2019). The legal framework, which needs to be
followed in collaborative partnership are as follows:
 Intellectual property law in order to protect the intellectual property of both the
companies.
 Business and environment laws to carry out the joint venture in an environmental
friendly manner.
 Confidentiality Act
 Human rights
 State and federal legislative framework
3. Type of partnership, required to engage the partner:
In the context of Australia, there are two types of partnership, which include
general and limited partnership. It is important to note here that, the nature of business
plays a major role in terms of determining what kind of partnership is needed to be carried
out. In the general partnership, both the parties possess equal responsibility of managing the
internal functionality of business. In addition, both the parties also have unlimited liability to
debt and any kind of obligation, which may incur the business (Hooper and Potter 2019). On
the other hand, in the limited partnership, both the parties have limited liability of debt and
obligations. Being a hardware manufacturing company, it is imperative for Sim’s hardware to
form general partnership (van Hille et al. 2019).
In addition, there are certain statutory requirements, which Sim’s hardware needs
follow in order to make effective collaborative partnership. The statutory requirements
include:
 Organisational policies, procedures and standardise code of conduct
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 Certification under statutory licencing system
 Anti-discrimination policy
 Land management
4. Resource requirement to accomplish the partnership plan:
Effective resources are very much needed in terms of strengthening the value of
partnership. Thus, the resources must be allocated properly in order to accomplish the
fundamental objectives of partnership program (Braga et al. 2019). It is imperative to make
the partnership program by incorporating all the key stakeholders. The resources that are
required for making effective partnership include:
 Financial resources by making a particular budget
 Skilled and competent human resources
 Support from the management
 Travelling cost
 Space for conducting the meeting
 Technological resources such as software and information management system
5. System of reporting the result of partnership:
The outcome of partnership needs to be reported among the partners. This is the way,
through which both the parties can have an idea regarding the extent, to which their
objectives have been accomplished. Reporting is one of the major ways, through which the
accountability of both the parties can be understood (Galiullina et al. 2019). There are both
written and verbal ways, through which the outcome of partnership can be reported properly.
Detailed information of partnership along with the financial issues are to be included in the
report to keep both the parties informed.
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