It's when multiple people make incremental contributions to a project.
"Collaborative Strategy is the synergy between the strategy of a Business and the Strategy of its Partners to realise the objectives through collaboration."
This concept is being developed as the new way to grow a Business. Companies collaborate with their partners, vendors, customers etc., to build synergy at strategic level to grow their business.
Classic example of Collaborative Strategy is the business models of Procter & Gamble to collaborate with numerious researchers across the globe. Also, Bharti Airtel, the telecom gaint of India acheived phenominal growth adoption Collaborative Strategy with their vendors like IBM, Ericsson, Nokia etc.. More details at www.CollaborativeStrategy.info.
This is a business strategy that facilitates different organizations to work together. This is advantageous as it forms a collection of knowledge and expertise that would otherwise be limited singularly.
__________ is a popular collaborative online encyclopedia
From The Collaborative International Dictionary of English v.0.48: collaborative \col*lab"o*rat*ive\, a. accomplished by collaboration; cooperative; as, collaborative effort of industry and the universities. Opposed to competitive. [PJC] ----------------- From WordNet (r) 2.0: collaborative adj : accomplished by collaboration; "collaborative research"
IPlant Collaborative was created in 2008.
IA Collaborative was created in 1999.
Collaborative Fusion was created in 2001.
The Film Collaborative was created in 2010.
Successful strategy implementation often depends on empowering managers and employees during the formulation process because it fosters ownership and accountability. When team members are involved in developing the strategy, they are more likely to understand its nuances and feel motivated to execute it effectively. Additionally, empowered employees are more likely to share insights and feedback, leading to a more robust and adaptable strategy. This collaborative approach bridges the gap between planning and execution, enhancing overall organizational alignment and commitment to the strategy.
__________ is a popular collaborative online encyclopedia
Four methods of managing communication integration include establishing a clear communication strategy, utilizing collaborative tools, fostering a culture of open communication, and regularly reviewing communication processes. A clear strategy ensures all stakeholders are aligned on goals and messages. Collaborative tools, such as project management software or communication platforms, enhance information sharing. Encouraging open communication creates an environment where feedback is welcomed, while regular reviews help identify areas for improvement.
the different type of supplier relationship strategy includes: 1. Adversarial or 'Arm Length' relationship 2. Collaborative relationship 3. Partnership 4. Integration 5. codestiny
International Development Collaborative was created in 2008.