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Developing The Strategies For Implementation Of Collaborative Alliance In The Extractive Field

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  • Halynska, Yuliia

    (Sumy State University)

Abstract

We developed the matrix of strategies for implementing the mechanism of collaborative alliances between the state and the extractive enterprises for the creation of social responsibility in the natural resource extraction. The matrix of strategies consists of blocks and is divided by levels of willingness to cooperate within the collaborative alliances in the field of natural resources. The synergy effect of common strategies of alliances increases with the balance of these strategies, which reflects the directions of its activities. Some areas of activity are effectively implemented when the functional and resource strategies are coordinated and adapted to each other and to the strategies of innovation and basic level. The coordination between the strategies minimizes risks, engages collaborative partners, creates innovative products and services, and implements socially-oriented policies in the mining regions. The result has showed that the potential for implementing the proposed strategies is very high, but it is necessary to specify the risks when coordinating the interests of all alliance participants for each mining region, as the formation of a "block of strategies" depends on the risks identified in a specific region.

Suggested Citation

  • Halynska, Yuliia, 2017. "Developing The Strategies For Implementation Of Collaborative Alliance In The Extractive Field," EUREKA: Social and Humanities, Scientific Route OÜ, issue 4, pages 13-20.
    • Handle: RePEc:nos:social:y:2017:i:4:p:13-20
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    References listed on IDEAS

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