IDENTIFYING BEST PRACTICES IN COLLABORATIVE NETWORKS

Abstract

Several studies point to collaborative networks as an option to meet ongoing changes rapidly and flexibly in the global market. This paper presents the best practices identified during the life cycle of a collaborative network. The theme is contextualized, and the objectives and method employed are presented. This is followed by a review of the literature on collaborative network terminology and the minimum life cycle for its existence. The best practices are then identified and the limitations of the life cycle of a collaborative network are iscussed. Topics requiring additional research are also identified.