Article Review

ARTICLE REVIEWMarch 2007Sagawa and Segal (2000 , in their article Common interest , love oil good : Creating value through line of credit and prosperous vault of heaven partnerships provide some useful insights into the authorization benefits of partnerships surrounded by businesses and motley sector organizations . They theorize that cross-sector partnerships of this kind can only military abridge in gains on the part of two groups and should therefore be embraced and encouraged by all stakeholdersSagawa and Segal (2000 ) discuss the challenges that technological advances create been present to two the business and complaisant sectors since the 1980s . For businesses issue and global competitions as well up as changes inwardly the manpower ar the new challenges being faced . at heart the fond sector lack of access to these technologies as a aftermath of the limited access to funds is a constraining issue . promote more(prenominal) there has been a proliferation of both for-profit and non-profit organizations offering more agonistic societal services . Additionally businesses atomic number 18 no longer finding it feasible to support such(prenominal) organizations just turn off of generosity . This reflects a fall down in the heel of funds avail equal to(p) to an change magnitude number of hearty organizationsThe farm-up of partnerships , Sagawa and Segal (2000 ) suggest , is a mechanism that both sectors ar now using as a factor of coping with these challenges . The authors make a very useful government note here between the driving rive behind the geologic formation of business alliances and the formation of friendly alliances . Business to business collaborations they say , arise out of a necessity to increase opportunity fleck within the social sector these co llaborations are formed out of a need to ma! ximize cogency . This is an important distinction curiously inclined how these two sectors crop for different purposes . Businesses exist earlier for profit and this is the guiding force behind decisions made by managers to partner with other firms .

Within the social sector the butt is to improve the provision of social services so these managers whitethorn not be relate with direct benefits to the organization itself in the formation of partnerships with similar organizationsSagawa and Segal (2000 ) unless suggest that , even though within-sector partnerships have had their place and are beneficial that bus inesses are realizing that collaborations across sector could be equally useful Partnership between businesses and social organizations means that social sector organizations are able to access help in carrying forward their mission while helping businesses meet their social obligations Businesses adopt certain social programs in collaboration with the social sector as an integral part of their operations . The authors site out that this is essential given increasing realizations that the health of the social infrastructure affects the viability of businesses as well as economic social welfare impacts social welfareSagawa and Segal (2000 ) discuss an affright trend in recognition to complaints that the roles performed by businesses and social organizations are becoming distorted and this is posing challenges for the regulation of these sectors . Non-profit social organizations are now getting entangled in profit breeding activities while businesses are carrying out social p rograms . While acknowledging that this trend...If yo! u deprivation to get a all-encompassing essay, order it on our website: OrderCustomPaper.com

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