5 minutes
The integrative advantage is a substitute for the competitive advantage
Dr..
Alaa Jarad
Garad@alaagarad.com
August 02 2022
The developed ability to create and maintain fruitful cooperation relations gives individuals, companies and countries a great competitive power, and with the re-escalation of war on the European continent, finding effective mechanisms for cooperation between companies and governments has become more important than ever, but it is also more difficult than ever. It has gone on, and if we think well about the fact that the world has become a small village, it is indeed so, and even smaller than a village, what happens between two countries has affected the whole world, and epidemics have become transcontinental and borders, and during the past two and a half years, one of the main lessons has been that the spread of An epidemic in any country threatens all of humanity, and that at the present time no one will be safe unless the majority of the world's population has access to vaccines and other preventive measures, as well as the minimum that guarantees a decent life.
The common challenges such as inclusive education systems, sustainability, energy problems, health system and the food crisis require a great collaborative and integrative effort, so the idea of comparative advantage has begun to fade away to be replaced by the idea of collaborative advantage, which is the benefit that is achieved when individuals, institutions or societies achieve More than they can possibly obtain independently, it has been shown that by working effectively with others humanity can achieve more and solve many problems, and perhaps what has helped humans to survive is the ability of human beings to cooperate and form societies.
Integration and cooperation between individuals, institutions and states may require the abandonment of some short-term self-interests for long-term, mutual gains.
A few weeks ago, a high-level forum was held in St. Gelen, Switzerland, to discuss major questions and issues related to the topic of complementary advantage.
Establishing and sustaining rewarding partnerships with global suppliers is key to continued business success, but the issue is not without negatives as well. The strong interconnection and dependence between the world’s economies and their dependence on each other may lead to problems, and the pandemic and geopolitical turmoil have highlighted weaknesses and risks associated with a dense global economy. Connections from wheat shortages to car plant closures for weeks to shipping delays and rising costs.
How can companies re-extend integration while still maintaining a balanced degree of autonomy?
A question that needs a lot of research.
Over the past two and a half years, one of the main lessons has been that an epidemic in any country threatens all of humanity.
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Garad@alaagarad.com
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Garad@alaagarad.com