The strategic virtual corporation: bridging the experience gap Online publication date: Sun, 27-May-2007
by Christoph Lattemann, Soren Kupke
International Journal of Web Based Communities (IJWBC), Vol. 3, No. 1, 2007
Abstract: As the knowledge drain in virtual organisations is much more significant than in traditional companies, an 'experience gap' between virtual corporations and traditional organisations may emerge over time. Hence, the often postulated advantage of the 'best-of-everything' organisation turns to a disadvantage. As a consequence, virtual corporations have to develop strategies to minimise the drain of experience in between their different projects. On an analytical base, this contribution depicts a new organisational concept for efficient project-based collaboration among value-creation partners to cope with problems such as knowledge drain, financial drain and inefficient learning processes in virtual organisations. Referring to the theoretical concepts of virtual corporations, Porter's value chain and the approach of the resource-based view, a new approach for the collaboration among business partners can be derived, which combines the advantage of loosely coupled organisations with traditional forms of collaborations. The new organisational concept is named 'Strategic Virtual Organisation'.
Online publication date: Sun, 27-May-2007
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