Collaboration – A Key to Business Agility

Collaborations are driven by the purpose to obtain information and share technology that can be integrated into company 's operations. Due to this the collaborating companies will always have an advantage over the other competitors. The purpose of this paper is to investigate how collaborations have aided organizations in the emerging market economy to keep up with the current market trends. Exploratory study on adoption of collaborations in the automotive industry is explained in this paper. The primary focus of this study is about analyzing how collaborations lead to agility in business and how agility within an organization ensures that the outcomes are given less priority than the targets. Articles on collaboration in the automotive industry were considered as the prime source of data for the study. The cases justify that collaboration is a powerful tool to achieve business agility for all business owners regardless of how big or small they are in the business. It is the relation between the organizations that helps them to grow and stay agile in the global competitive market. Essentially, collaboration is the key and agility is the enabler.