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MANAGING EXTERNAL PARTIES EFFECTIVELY

It Takes a Global Village

It Takes a Village was the title of 1996 book written by Hillary Rodham Clinton that discussed the influence of the community on the children growing up within it. In the last two decades, a very similar phenomenon has occurred within the business environment. An apt title for a book discussing the influences of external parties on today’s organization might be It Takes a Global Village.

Several decades ago, organizations often operated within narrow geographic areas. They purchased their services, hired their employees, and operated within specific geographic areas. Even large enterprises did business like this to some degree with different corporate campuses managed somewhat ...

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