Teams, networks, groups and their members behave in an irrational way but quite predictably so. A good team leader will understand this and use it to everyone’s advantage. One key point is to knowing each team members motivations and whether they are operating in “social economy” or “market economy” mindsets.

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Andrew Faughy, General Manager and Director of VEN Operations Ltd, gives an excellent video lecture ‘VEN: The Story so Far’ at the ICE Conference (Milan 2006) on the Virtual Enterprise Network concept in practice in Yorkshire in the UK involving nearly 400 small businesses.

Harvard Professor Marco Iansiti predicts that the future business competition will not be between companies or even supply chains but between networks.

Virtual business networks are appearing everywhere and in many guises and names such as Collaborative Networks, Virtual Clusters, Virtual Enterprise Networks, Collaborative Supply Chains, Networked Enterprises and Star Alliances to name just a few.But how does a business leader or a government policy-maker make sense of them all?