How teaming supercharges collaboration
Nasa has done it; other organisations can embrace teaming too
IN THE complex, uncertain and fast-changing world we live in, success and even survival require intensive collaboration among individuals, organisations and countries. The outcomes of such collaboration can be breathtaking – consider the growth of Netflix and Amazon, the rebirth of Microsoft and General Motors, the launch of the James Webb Space Telescope.
Yet, most people and organisations fail to collaborate, preferring competition to cooperation. In business, up to 70 per cent of strategic alliances fail and more than half of joint ventures do not survive their 10th anniversary.
Why collaboration stumbles
There are good reasons that collaborations often falter: physical distance, time zone differences and unequal access to information, to name a few. However, the biggest obstacles are psychological.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.