Tava Olsen
Ports of Auckland Professor of
Logistics & Supply-Chain Management
It is interesting to see these kinds
of risk feature in Chief Executives’
comments, as a recent survey by
McKinsey of global executives found
that more than two-thirds say that
supply-chain risk has increased in the
past three years, and nearly the same see
risk continuing to rise. Respondents in
developed Asian countries report more
concern than those in any other region:
82%
say their companies’ supply-chain
risk will increase in the next five years.”
Professor Brad Jackson
Fletcher Building Employee Education
Trust Chair of Leadership
Despite these risks, New Zealand is, in
fact, well placed to tackle the struggles
of building alliances — compared with
other countries. We have such a small
population, everyone knows everyone,
and this means that we can easily work
collaboratively, informally, quickly and
with more flexibility than organisations
in larger economies.”
Martin Dalgleish
Partner, Corporate & Commercial Law
The number of joint ventures and
alliances has snowballed in the past
few years as organisations look to share
risk and resources in the tight economic
climate. US research has shown that the
most successful joint ventures are those
with two parties, each with equal shares
in the venture. If there is one thing we
can offer from all our experience advising
on joint ventures and alliances, it is that
the more time spent upfront discussing
(
and arguing) the true purpose of the
joint venture, how it will operate, and
understanding the commercial drivers
of each party, and how it will all unwind,
the more likely it is that the joint venture
will succeed.”
Imelda-Rose Sheerin
Senior Associate, Competition Law
Partnerships of various kinds can give
rise to Commerce Act issues in respect
of your own and competitor businesses.
Make sure that you are on top of
those issues.”
Greg Cain
Partner, Employment Law
Alliances and joint ventures in particular
can raise complex employment issues.
Taking advice can avoid major headaches,
particularly in relation to issues such as
who employs and who manages the
employees, who is liable in relation to
employment disputes, and what
happens to employees when the
arrangement ends.”
Ross Johnston
Partner, IT Law
When you are looking at outsourcing or
shared services, well drafted contractual
agreements really pay dividends.
They will help to ensure that quality and
consistency are maintained in the delivery
of services. The point made by Martin
about joint ventures and alliances also
applies here – the more time spent
upfront discussing the outsourcing or
shared services, the more likely it is that
they will succeed.”
key findings //
6:
partnerships with other organisations cont. . .
36
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