Value is created when the whole is greater than the sum of the parts

Posted by Barloworld Automotive & Logisitics on 21 Feb 2019 9:00:00 AM

In the era of innovation and connectivity the idea of an economy built from autonomous industries attending to their own clients with their own suppliers is fast becoming outdated. More and more, savvy organisations understand that operating in isolation is no longer viable, and that by partnering across, or indeed within industries, higher efficiencies, cost reductions and improved customer service can be achieved. A good example of such collaboration is the symbiotic relationship  between two competing technology giants Samsung and Apple Inc, where the electronics manufacturer is a key supplier of IPhone micro chips and the like. Such symbiosis is a true case of how the seemingly direct competitors in fact can benefit from collaboration in order to function at their full potential.

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