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Relationship Economies
Posted: 10 May 2007

As the Relationship Economies grow, traditional trading power shifts away from those corporations that exercise purchasing power to those who have relationship and trading influence. The benefits from a Relationship Economy become driven by the deconstruction of expensive hierarchical organisational structures and substitution of dynamic, mutually beneficial partnering enterprise. Those that have the Relationship skills (Partnering, Trust, Integrity, resource sharing) will create broad partnerships capable of delivering all a company needs from a network of likeminded organisations. This is an entirely new (in modern times) form of mutually supportive and co-operative business that creates opportunity for business returns exceeding current norms. Some businesses are already demonstrating spectacular growth against peer companies by implementing Strategic Relationship practices and switching away from internal hierarchies to manage all processes.
Sam Simons - Business Relationship Director, Laing O'Rourke - May07

MindBullet logo ECONOMY BOOMS - EMPLOYMENT FALLS
If you're not an entrepreneur, prepare to be unemployed
Dateline: 12 December 2012
Last week's Fortune 500 conference hosted in Berlin reported sobering numbers. Globally, 2007 was the peak year for the number of people in formal employment in large companies. For the past five years the numbers have dropped each year. Now they are down by more than 20 million jobs. Today's global leaders are increasing their economic power, but are shedding formal jobs at an alarming ...
 
Sam Simons Hi Wolfgang, .... no it is not a rumour. Achieved through partnership and alliancing up and down the supply chain but also, by driving forward with new methods and technologies that speeded up information exchange, production planning and enabled controlled implementation. In other words using technology smarts & building relationship processes that align objectives and flatten the traditional heirarchy of people that can impede progress. AN ENTREPRENEURIAL APPROACH WITHIN A CORPORATE ENVIRONMENT! The effort and committment of all the Team must be acknowledged as is is only through the recognition of common objectives and creating common vision that people and organisations can align themselves in this entrepreneurial way and eliminate personal or corporate ego. (ego generates conflict & hence wasted effort)

Companies are complex networks of people, Entrepreneurial companies are dynamic companies driven by vision ..... Relationship Companies are complex networks of Entrepreneurial People driven to deliver on common vision. In this Relationship Economy the individual must demonstrate personal skill (knowledge), personal drive (entrepreneurship), and personal networking (relationship) ... a group of such people focussed on a common objective are not a "Company", they are a Powerhouse for Change.
Sam

“Vision without action is merely a dream, action without vision is merely passing time, but action with vision can change the world.” Nelson Mandela
Posted: 22 May 2007 at 11:25
Wolfgang Grulke Hello Sam - you guys at Laing O'Rourke seem to have mastered the networked step-change approach to business. I heard that Heathrow's Terminal Five project will be completed early and under budget due to your excellent work - or is that just a rumour?
Posted: 10 May 2007 at 19:09
 
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