BU491 Lecture Notes - Lecture 2: Skill, Sharepoint, Telepresence

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Collaborative imperative: organizations face an increasingly complex and unpredictable competitive landscape, and one that is filled with new, aggressive competitors. In a matrixed world, good collaboration can lead to the rapid launch of next-generation, market-changing products: bad collaboration can end up wasting time and money on a slow, tortuous path toward a. Building a collaborative culture: senior executives have both the responsibility and the power to encourage and foster a culture of collaboration. They distinguish themselves on six key capabilities: enterprise perspective they have a comprehensive understanding of the company"s overall business strategy and how the joint work they are leading aligns with that strategy. They use this understanding to resolve any conflicts that may arise: cross-functional perspective they understand the needs, metrics, incentives and deliverables of different functions and business units. They have patience when dealing with colleagues who may have trouble understanding the shared purpose of the collaboration initiative.

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