Strategic Management and SDG 17: Building Cross-Sectoral Partnerships for Impact Examining the role of collaboration in multi-stakeholder projects

Abstract

The efforts to achieve the United Nations Sustainable Development Goal 17 (SDG 17) focus on the importance of forming partnerships that enhance implementation and create cross-sector alignments. Strategic management is essential in coordinating the various stakeholders that take part in a multi-stakeholder project including governments, business, non-governmental organizations (NGOs) and academic institutions in ensuring common goals. In this paper, the author explores the extent to which strategic management frameworks can perk up the effectiveness of joint venturers through allocation of roles, responsibilities, accountability and maximization of resources. Relying on theoretical and empirical knowledge, the paper explains why shared vision, effective structures of governance, and transparent communication are vital to the development of impact-based initiatives. The results indicate that innovativeness and scalability through collaboration exist, but challenges concerning resource distribution disparity, conflicting organizational priorities, and the insufficiency of evaluation processes still remain. Practical implications of the study are presented in its conclusion by mentioning the necessity of adaptive models of governance and capacity-building strategies. The boundaries of the study are the use of secondary data and conceptualization, although it can be suggested that in the future, longitudinal field research, as well as the integration of digital collaborative software, should be considered to enhance cross-sectoral interaction