Assignment Task
Description: Strategic networks could be a valuable source of information, expertise and competitive advantage for organisations, offering access to resources that might not be otherwise available within the organisation. Networks enable and enhance flow of information between stakeholders and may lead to important strategic partnerships and collaboration.
Growth and popularity of social media in recent times has created a new medium in strategic networking with people forming interest groups, alumni groups, professional groups and collaborative learning spaces through a number of web?based platforms.
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Get Help Now!In this assessment task, you will be required to research and compile information on at least three specific strategic networks used by private and public sectors respectively. Networks may include formal or informal networks, circulation lists, e?networks, bulletin boards, virtual communities and mailing lists. Public sector networks may differ from private sector networks as they tend to focus on a close group of internal and external stakeholders. An example of a public sector network can be found at
Dhanush is a newly established research and development technology company with a product line comprising of equipment for satellite communication, radar technology, and scanning security devices. The company has spent millions of dollars in development enterprise intellectual property and niche product that they wish to supply to both private and government sectors. The company is led by an energetic and visionary CEO, a MIT graduate, who has established the headquarters in Australia. The company has regional offices in every capital city. As a strategic initiative, the company is looking to build strategy networks as part of its corporate relationships drive. Key short?term objectives are;
- Plan and organise an exhibition (to be developed as an annual fixture, moving from one to the next capital city each year) to showcase company’s technological innovations and equipment;
- Develop online presence on social media and network with key industry stakeholders
- Organise online and face?to?face product demonstrations
- Develop key contacts and networks in both public and private sectors
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