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Importance of Stakeholders & The Global Logic of Strategic Alliances

   

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Today, most medium and large size companies cooperate with other firms – sometimes even direct rivals – for a specific business objective, such as development of a project, undertaking joint R&D, or transfer of technology, or to tap into a foreign market. Companies like Novartis actively negotiate and then manage hundreds of alliances and collaborations. IT firms like IBM have claimed on their website that they liaise with nearly 100,000 “partners.” In short, we are in a cooperative world where even large companies feel they lack the complete range of knowledge or marketing skills to undertake all projects in-house.

Interfirm cooperation encompasses a range of structures or arrangements, from licensing, to contractual cooperation, to equity joint ventures. The term “Strategic alliances” put into Google, yields over 4.2 million entries. A 2014 United Nations survey found that “most companies expect the contribution of alliances to the value of the company to increase from the current rate of 19% to a rate of 47% in five years’ time.”

What you will learn for this professional development event

  • Why should firms cooperate? Strategic reasons.
  • How will the purchase, sale or sharing of intellectual assets help or hinder the firm’s overall business? Assessing benefits, drawbacks and risks in alliances.
  • Should the knowledge sharing be by license, acquisition or equity joint venture?
  • What are long term economic or strategic implications of each alliance arrangement?
  • Which elements are critical to the negotiations?
  • When one partner shares an intellectual assets or technology with another company, how to arrive at a value or “price” for the intellectual assets?
  • What are “win-win” strategies?

Presentation and Discussion Method:
Instead of just lecturing, the speaker prefers an interactive format where participants also share their ideas and ask questions. Audience participation reinforces the learning from lectures, enables company executives to share ideas with colleagues and, in general, deepens understanding of the subject material.


About the Speaker

Farok

Dr. Farok Contractor

Professor, Rutgers Business School-Newark and New Brunswick, Rutgers University, USA

Rutgers Biz Scho

    Dr. Farok Contractor is ‘Distinguished Professor’ in the Management and Global Business department at Rutgers Business School. He has also taught at the Wharton School, Copenhagen Business School, Fletcher School of Law and Diplomacy, Tufts University, Nanyang Technological University, Indian Institute of Foreign Trade, XLRI (India), Lubin School of Business, Theseus, EDHEC and conducted executive seminars in the US, Europe, Latin America and Asia.

He is a graduate of the Wharton School, University of Pennsylvania, where he received his Ph.D. (Managerial Science and Applied Economics) and MBA, and the University of Michigan, where he received an M.S. in Industrial Engineering. Farok Contractor’s research has focused on corporate alliances, outsourcing and offshoring, valuation of intangible assets, the technology transfer process, licensing, and foreign direct investment.

Dr. Contractor has written well over a hundred scholarly papers. Prof. Contractor has among the highest citation counts amongst scholars in the field of International Management (Academy of International Business (AIB). He has served Rutgers University in many capacities such as Department Chair for the International Business Department for six years. He also writes articles covering contemporary issues dealing with International Business for a worldwide audience in 133 nations (as of July 2016), for executives, students and the thoughtful public at https://globalbusiness.me/


Rutgers Business School Asia Pacific is a subsidiary of Rutgers, The State University of New Jersey (USA). Rutgers offers the highly ranked Executive Master of Business Administration (EMBA) Program to talented professionals in Singapore. In addition to the EMBA program, we are also offering open enrolment and customised Executive Education programs for both individuals and corporates. The EMBA program is completed in Singapore. Graduates of the Executive MBA program in Singapore earn a Master of Business Administration (MBA) degree conferred by Rutgers, The State University of New Jersey (USA).

https://rutgers.edu.sg/about-rutgers-business-school-asia-pacific/

 

Event Particulars

Date:    14th  Nov 2018, Wednesday
Time:    7.00pm to 9.00pm
             Registration and Refreshments starts from 6.15pm onwards
Venue:  Training Room – B13/B14 @ Level 4 | PSB Academy City Campus
Marina Square | 6 Raffles Blvd, #03-200 | Singapore 039594

Direction

PDUs: 2

Category Early Bird Normal      Register Now
SPMI Members *  SGD55 SGD70  

PMI or NTUC Members or Rutgers Alumni #

 SGD70 SGD90    
Non- Members  SGD90 SGD100  
Valid Till

 30 Sep

(exended)

13 Nov  

* SPMI Members, please log-in to avail members' rate

# PMI & NTUC Members, Rutgers Alumni please drop an email to events@pmi.org,sg after registration for partial refund as you need to pay non member rate first. Thanks.

For any queries related to this event please approach our board member Mr. Harihara at hariiyer10@pmi.org.sg

   

An Event Jointly Organized by SPMI & Rutgers Business School

 SPMI Logo    Rutgers

Event Properties

Event Date 14-11-2018 7:00 pm
Event End Date 14-11-2018 9:00 pm
Cut off date 13-11-2018 11:55 pm
Individual Price 100SGD
Location
PSB Academy @ Marina SQ
PSB Academy City Campus 6 Raffles Blvd, #03-200 Marina Square, Singapore 039594
PSB Academy @ Marina SQ
100SGD 86