BU398 Chapter Notes - Chapter 5: Isomorphism, Profit Margin, Balanced Scorecard
Document Summary
Interorganizational relationships relatively enduring resource transactions, flows, and linkages that occur among two or more organizations. A company may be forced into interorganizational relationships depending on its needs and the instability and complexity of the environment. Organizational ecosystem a system formed by the interaction of a community of organizations and their environment. No company can go it alone under a constant onslaught of international competitors, changing technology and new regulations. Organizations around the world are embedded in complex networks of confusing relationships. Collaborating in some markets, competing fiercely in others. Traditional competition, which assumes a distinct company competing for survival and supremacy with other stand-alone businesses, no longer exists because each organization both supports and depends on the others for success and perhaps for survival. Organizations now need to coevolve with others in the ecosystem so that everyone gets stronger. In an organizational ecosystem, conflict and cooperation frequently exist at the same time.
