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Resourcing the Collaborative Effort

Elizabeth Lank

Chapter 6 in Collaborative Advantage, 2006, pp 87-100 from Palgrave Macmillan

Abstract: Abstract This children’s nursery rhyme is one way of summarizing a common pitfall in relation to collaborative working. Sometimes the lack of one or two very simple things can scupper the whole venture. It is perhaps stating the obvious, but collaborative working requires resources. Because of the coordination required, it often takes greater resources than an initiative run by one organization. Strangely, there appears to be something of a management blind spot when it comes to ensuring that collaborative efforts have the staffing and money they require. The same people who ensure that their organization’s own projects have the necessary allocation of budget and people are often guilty of expecting their representatives on a collaborative effort to make it work with no dedicated budget and no additional resources. Collaborative working is often implicitly positioned as an optional extra, something you do on top of the “day job.” Only now are organizations beginning to realize that collaborative efforts often are the day job for their representatives—or if they are not, they should be.

Keywords: Venture Capital; Collaborative Working; Collaborative Process; Partner Organization; Venture Capital Fund (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-51139-2_7

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DOI: 10.1057/9780230511392_7

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