This document is Collaboration Report Template.

is part of the supporting resources for Assessment Task 2 of BSBPMG621-BSBPMG624 Cluster.

Grow Management Consultants

Collaboration Report

Potential collaboration opportunities

The nature of collaboration must be aligned with the organisation’s goals. The main point of creating a
collaboration is to create value in the business and set who can help the organisation on achieving
this goal and its objectives. Collaboration needs to:
• Reinforce the expected standards of stakeholders in the partnership
• Set performance measurement standards
• Establish consistency in processes or procedures
• Serve as toll for training and maintaining organisational knowledge and experience
• Form a baseline for process and practice improvement

Another major objective which collaboration should bring to the table is network, it is the process of
meeting other people to form professional or social connections.

Potential collaboration opportunities that best suits Grow Management Consultants are:
 A Partnership Agreement is an agreement between two or more individuals who would like to
manage and operate a business together to make a profit.
 A Joint Venture is a business entity created by two or more parties, generally characterized
by shared ownership, shared returns and risks, and shared governance.
 A Strategic Alliance is an arrangement between two companies to undertake a mutually
beneficial project while each retains its independence.

Potential collaborators
Describe potential collaborators (at least 3). Evaluate each opportunity in terms of its alignment to
organisational and program objectives.
By studying the market and Grow Management Consultants projects, three valuable collaborators are:

Collaborate with an established Registered Training Organisation. If working together with an RTO
that offers mostly business and management courses, Grow Management Consultants’ staff could
attend courses that the RTO runs, and the RTO’s students could benefit from Grow Management
Consultants’ business connections for practicums and office-based training.

Others consultancy companies in order to create a strategic alliance to organise an Annual

Conference much bigger an longer, by sharing the costs and offering a bigger network together with
different areas then only business, Grow Management Consultants can expand its income and
network together with others consultancy companies.

Develop a joint venture with others Business Schools and Universities to develop an online training
platform which students could access all sort of support and videos about business knowledge and
entrepreneurship.

© RTO Works 2020 SELC Career College Australia RTO: 91721 SELC- BSBPMG621- BSBPMG624 -SRT-V2019.1.2
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