Cooperative Relationships Between Stakeholders

Definition

When they both mutually benefit from a relationship, it is seen as a co-operative relationship. When both stakeholders are working towards a common goal. It is a win-win situation 

Example - Employee & Employer

When employers invest in staff training, employees gain skills for promotion or pay rises, while businesses benefit from more productive workers 

Example - Investor & Business Owner

Investors provide funding to help the business grow, while business owners use that funding to invest in resources and drive results creating profits for both 

Example - Supplier & Manager

Increased sales for the supplier. Reduction in cost (manager) 

Example - Producer & Producer

Local producers may share resources or promotional costs (eg. Local cheese makers promoting a cheese festival together) so both benefit from increased customer traffic