Twice weekly The Collider hosts skills-based workshops delivered by world-class business, start-up, and climate science experts, and each week we bring you the highlights.
Strategic Alliances: Creating Opportunities Beyond You
In his Lunch & Learn presentation, Ken Cooper, a Strategic Business Development Professional, discussed the importance of building strategic alliances. Incorporating strategy into your alliances expands overall quality. If strategic alliances aren’t balanced, they’re bound to fail. Cooper often compared strategic alliances to marriage. It is, after all, a relationship that requires commitment, balance, communication, and genuine intent. Maintaining and balancing those factors is crucial to growing alliances.
- Grow by forming strategic alliances. Forming alliances can improve your skill set and the quality of your overall products. By strategically aligning with other businesses, you can combine skills and techniques that further your products.
- Don’t initiate an alliance unless you know what you can give. Strategic alliances need to build reliability and trust. By understanding and offering the skill sets of you and your business partner you can combine those skills to create more efficient products.
- There needs to be a leader and there needs to be a team. A leader needs to show initiative, and a team needs to ensure execution.
Ken Cooper is a Strategic Business Development Professional with corporate, start-up, and international experience in the consumer products and energy industries.
Avoiding the HR Storm: The Startup’s Guide to Employment Law
Presenter Jonathan Yarbrough is a partner in the national employment law firm Constangy, Brooks, Smith, and Prophete with 24 years’ experience advising businesses on employment law issues. In this Lunch & Learn he explored the basics of employment law and advised the attendees on how to be aware of common unlawful practices regarding employment laws.
- Get your house in order! Adopt fair and legal policies, practices, and procedures. An employee handbook is strongly recommended for consistency in employment actions. If a policy is not in line with actual practice, one of them needs to change.
- Know the difference between independent contractors and employees. Ask yourself, are they told how and where to work? Is training provided? What about equipment? If the answer is yes, you may need to reevaluate whether your contractor is actually an employee.
- E-verify. This web-based system allows employers to confirm the eligibility of their employees to work in the United States. NC law requires that employers with more than 25 employees participate in E-verify.
Jonathan Yarbrough is a managing partner at Constangy, Brooks, Smith & Prophete, LLP. He represents employers in all aspects of the employee-employer relationship including counseling and employment litigation.