November 10
Win-win
Partnerships, a great concept and of crucial importance in business, definitely in the IT industry. As the definition explains, a few elements need to be in place: 1) a contract or relationship, 2) a contribution, 3) a mutual goal, 4) the sharing of profits and of losses. This is applicable between consortia members, company-customer, employee-employer, manager-shareholder, …, you name it.
Time and time again I notice how difficult it is to create and sustain equitable partnerships, beneficial for both parties. In many instances, partners quickly forget the higher objective and revert to contractual clauses. Clauses need to be there, but avoiding fighting over them saves energy and time and serves - in many cases - the business purpose better.
Economically speaking, it is a nice subject in game theory. Psychologically speaking, creating a win-win requires the mental ability of sharing, cooperating, allowing others to have benefits as well. In other words, the ability to be happy and content with oneself independent from the wellbeing of others. Apparently, the human nature – self preservation, greed, jealousy, ... – works against this …
Best,
Chris
Time and time again I notice how difficult it is to create and sustain equitable partnerships, beneficial for both parties. In many instances, partners quickly forget the higher objective and revert to contractual clauses. Clauses need to be there, but avoiding fighting over them saves energy and time and serves - in many cases - the business purpose better.
Economically speaking, it is a nice subject in game theory. Psychologically speaking, creating a win-win requires the mental ability of sharing, cooperating, allowing others to have benefits as well. In other words, the ability to be happy and content with oneself independent from the wellbeing of others. Apparently, the human nature – self preservation, greed, jealousy, ... – works against this …
Best,
Chris
