Overview
The Trust & Power concept/framework explains how risk is created and managed in alliances and partnership agreements. As organisations collaborate, they tend to lose some control and become dependent on partners. Trust increases cooperation but also raises risk exposure, while power provides control mechanisms that help mitigate those risks. Effective partnerships require a balance between confidence and power to ensure the new alliance operates within a healthy environment.How to Use It
Apply the concept/framework by defining the partnership or the alliance purpose, assessing required trust levels, establishing control mechanisms, identifying dependency risks, and continuously adjusting the trust and power balance as conditions evolve.Microsoft & OpenAI Partnership Example
Supplied as per this concept, a downloadable PDF format file with an example of the Microsoft OpenAI partnership, which demonstrates high trust supported by strong power mechanisms, combining innovation freedom with contractual, governance, and infrastructure control to manage strategic and reputational risks.
