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From Singularity to Complementarity

In: Complementarity in Organizations

Author

Listed:
  • Paul Turner

    (Leeds Beckett University-Associate)

Abstract

All business organisations strive for progression, which means movement towards an objective by converting the energy within from latent potential to actual force, and orchestrating assets and resources in support of this movement. In addition, it means development- providing foundations for future growth—by balancing a focus on short term gains with investments that will pay back in the longer term. Progression manifests itself by results—profit, return on investment, or the maximisation of shareholder value and by the successful adaptation to contemporary environments including social objectives -fair- trade practices, contribution to social welfare, respect for and understanding about the environment, diversity, and equality of opportunity. A characteristic of latent potential is that of complementarity in which one capability reinforces the impact of another capability—where the relations of independent units or their evolution creates higher value than their individual operation. Complementarity refers to the interaction of business strategies and practices to produce coherent, aligned and mutually reinforcing systems and processes that give superior outcomes over those that would occur if such strategies or practices had taken place independently of one another.

Suggested Citation

  • Paul Turner, 2022. "From Singularity to Complementarity," Springer Books, in: Complementarity in Organizations, chapter 1, pages 1-30, Springer.
  • Handle: RePEc:spr:sprchp:978-3-031-10654-5_1
    DOI: 10.1007/978-3-031-10654-5_1
    as

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