Meaning ● Strategic Interdependence, within the sphere of Small and Medium-sized Businesses, signifies a conscious recognition and management of mutual reliance between firms for growth and success. This involves shared resources, collaborative automation projects, and synchronized implementation strategies. ● Considering operational efficiency, strategic interdependence can arise from outsourcing key functions or integrating supply chains, promoting a flexible approach in resource allocation. Businesses may leverage combined data to improve decision-making and mitigate risks.
