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Reference no. IMD-7-2606
Published by: International Institute for Management Development (IMD)
Originally published in: 2024
Version: 01.10.2024

Abstract

The note aims to equip leaders with the knowledge and tools necessary to negotiate alliances across and among organizations and institutions from differing sectors: business, government, non-profit, international and academic. It emphasizes the importance of understanding each sector's unique characteristics, agendas and mindsets to forge effective partnerships. The note presents strategies for building successful cross-sector collaborations, such as developing cross-sector intelligence, creating a common language, aligning through shared vision and designing agreements that generate joint value. It emphasizes the importance of building trust through transparency, navigating cultural differences and planning for long-term sustainability. The note highlights the critical importance of cross-sector collaboration skills in modern leadership, stressing the need for leaders to balance diverse interests, create shared value and foster mutual understanding across sector boundaries.

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Abstract

The note aims to equip leaders with the knowledge and tools necessary to negotiate alliances across and among organizations and institutions from differing sectors: business, government, non-profit, international and academic. It emphasizes the importance of understanding each sector's unique characteristics, agendas and mindsets to forge effective partnerships. The note presents strategies for building successful cross-sector collaborations, such as developing cross-sector intelligence, creating a common language, aligning through shared vision and designing agreements that generate joint value. It emphasizes the importance of building trust through transparency, navigating cultural differences and planning for long-term sustainability. The note highlights the critical importance of cross-sector collaboration skills in modern leadership, stressing the need for leaders to balance diverse interests, create shared value and foster mutual understanding across sector boundaries.

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