Step on the gas: How collaboration accelerates innovation
Judy Kaneko | August 30, 2017
Work Place2 min read
When your boss asks you to team up with colleagues on a project, does it you give cringe worthy flashbacks to high school? When you would team up with a bunch of classmates on group projects, where everyone would fight and complain, making you feel like collaboration just means too many cooks in the kitchen? Then you would do most of the work yourself because (obviously) you’re the smartest one in the group.
Relax. Take a deep breath. High school’s over and you’re doing way better than all those people now, ok? You’ve come a long way—and so has collaboration.
Collaboration doesn’t mean more cooks in the kitchen. It means better food.
Thanks to new tools and technology (you’re familiar with the interwebs, yes?), collaboration is a lot easier than it used to be—and a lot more successful. Research shows that workplace collaboration accelerates innovation, reducing time-to-market by 20% and increasing successful innovation by 15%. And no, you won’t be left doing all the work.
While some consider teamwork desirable but not necessary, the truth is collaboration can bring real, measurable results and give your bottom line a boost. Take Price Modern for example. This forward-thinking design firm helps businesses increase productivity by designing smarter work environments. Their design teams take a collaborative “design in real time” approach using immersive visual collaboration and virtual reality tools. The result? They’ve cut project time by about 25% while driving client satisfaction and engagement way up.
There’s still no “I” in teamwork—and yes, it makes the dream work.
Collaboration is the future of work. Sharing ideas helps you get things done faster. Solve problems. Break down barriers. Innovate your way to success. We’re all in this together—going it alone in today’s fast-paced, complex world is not just bad for you, it’s bad for everyone. Imagine if scientists never shared their research — we might still be dying of the plague. When we work together, we all move forward—together.
A recent UK survey found that while 70% of businesses wanted to collaborate to meet UN sustainability goals, they simply didn’t know how to do it well. And 30% said lack of collaboration was holding them back from achieving the results they wanted. But with the right tools, collaboration is easy—and the tools are right in front of you.
Whether you’re trying to solve a customer’s problem or cure a global crisis, collaboration can help you get there faster. More heads hold more ideas, and more ideas speed up the creative process. Embracing collaboration can make your team more efficient and boost your bottom line. We think that sounds like an A+ idea.
Share this article
Stay in the loop. Subscribe today!
Sign up for weekly email updates of our latest blog posts.