Outsourcing Innovation Building Strategic Partnerships In Project Management

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In March of 2012, Boeing agreed to collaborate with China’s Comac, which is actually something of a rival to Boeing in the commercial aerospace market (Toh, 2012). They partnered in an effort to curb the aviation industry’s contribution to climate change. This is a classic example of a partnership formed to stimulate and manage innovation outside the boundaries of any given firm. This first partnership between Boeing and Comac aims to develop a single-aisle passenger aircraft. Boeing is partnering with a rival to challenge a market in which it already enjoys a significant advantage.

In your research, consider how organizations should exercise care when implementing alliances that produce innovation without harming the competitive standing of the alliance partners.

With these thoughts in mind:

Write a cohesive and scholarly response based on your readings and research this week that addresses the following:

  • Using the models in the Baloh, et al., article and your additional research, evaluate ways in which HR can manage the outsourcing of innovation.
  • Describe the methods HR can use to manage the outsourcing of innovation as a foundation of understanding.
  • How can HR play a significant role in ensuring that the organization maintains its competitive advantage when managing the outsourcing of innovation? Provide a brief rationale.

All work must be original and in APA format. I have attached some resources for your reference.

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Explanation & Answer

Attached.

Running Head: OUTSOURCING INNOVATION

Outsourcing Innovation
Name
Instructor
Institutional Affiliation
Date

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OUTSOURCING INNOVATION

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New models for HR outsourcing can help outsourcing companies deliver cost saving and
competitive insight. Managing for outsourcing innovation is critical since it informs strategy and
enables key process which drives ongoing innovation (Baloh, Jha & Awazu, 2008). Outsourcing
partnership, in other words, can open doors to multiple knowledge sources for the organization.
Accessing and integrating these knowledge sources can help the organization fuel sustainable
growth. However, human resources managers must take a lot of care when outsourcing for
innovation and...


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