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An integrative framework of relational governance mechanism building in strategic alliances
An integrative framework of relational governance mechanism building in strategic alliances

Author(s): Cosmin-Florin Lehene, Anca Borza
Subject(s): Behaviorism, Management and complex organizations, Environmental interactions
Published by: Alma Mater & Universitatea »Babes Bolyai« Cluj - Facultatea de St. Economice si Gestiunea Afacerilor
Keywords: collaborative strategies; strategic alliances; relational governance mechanism; formal governance mechanism;

Summary/Abstract: In this paper, we argue that the social relations at individual level between persons who directly work in strategic alliances represent a key factor for the implementation’s success. In this sense, we provide an integrative framework for the Relational Governance Mechanism (RGM) building in strategic alliances. Based on a grounded theory approach, inductively developed in five vertical strategic alliances, we observed that the trust, the reciprocal commitment and the communication attributes are well developed and common in all the cases. But what made the difference between the most successful partnerships (described in terms of satisfaction with the alliance and the accomplishment of alliance’s goals) and the medium ones was the integrative conflict management and the win-win approach on a long-term. Specifically, the creation of a dyadic culture toward building a common future.

  • Issue Year: X/2017
  • Issue No: 2
  • Page Range: 95-131
  • Page Count: 38
  • Language: English