Problem:
A strategic network is a group of companies that have been formed to create value by participating in various cooperative arrangements. Effective strategic networking facilitates the discovery of opportunities beyond those identified by individual network participants. The strategic central company is involved in four main tasks as it manages the strategic network and controls its operations:
- Strategic Outsourcing
- Competency
- Technology
- Race to Learn
Give your understanding regarding the four main tasks of the strategic center company above in managing its strategic network to achieve competitive advantage!