Gaining competitive advantage – it’s tough to do. Especially with today’s economic climate in which budgets are tight, staffing thin, and organizations are expected to do more with less. Shareholder value is still king, however, as executives are held to a high standard of return on investment regardless of the global economic crisis. Companies need an edge … a secret weapon. Something to enhance their level of innovation, efficiency, and productivity to push into new markets where trails can be blazed. Get above the rest where there is more elbow room.
This seems to be the 2.0 era. Business 2.0, Web 2.0, Capitalism 2.0, etc. So why not Collaboration 2.0? Yeah, it’s a buzz word these days, but maybe that is the secret weapon to get above the rest. In a recent article, The Collaboration Imperative (Bloomberg.com, Sept 24, 2009), author Vineet Nayar discusses the growing recognition by organizations of the need to collaborate with customers, partners, government entities, stakeholders, colleagues … even with the competition. In order to survive in this economy, business requires the cover of a collaborative ecosystem.
Collaboration is not just about having tools in place. It’s a culture and attitude with a human element. Companies need to believe in it from the top down and executives need to lead by example. Yes, collaboration tools and solutions will enable the process, but it is the people that make it happen. That is why I like to look beyond tools like voice and video conferencing, telepresence, and content sharing collaboration solutions and consider the business processes where employees will put them into practice to gain that competitive edge. Following are a few examples.
Human Resources Process Interviewing and recruiting can be a time consuming collaborative process involving meeting lots of prospects, arranging interviews with the hiring manager, and getting feedback on the role and candidates from other colleagues along the way. Traditionally, companies post the job online or in the newspaper and any candidate must be willing and able to present themselves locally to attend a live interview. Sometimes the best candidate isn’t down the street and some jobs don’t require physical presence. Video conferencing and telepresence allow for life-like interviewing of a candidate in another city or state... prospective employers can meet potential hires to quickly get to the "short list", decreasing the time to hire. The virtual collaboration process also saves the expense of flying prospects in and increases the number of candidates that can be considered.Training ProcessTraining on new products, company policies, or best practices within a given industry often involves having employees convene in a central location for a day or more of live classroom collaboration and instruction. This is challenging for several reasons – employees have to travel to the central training location, entire days are often dedicated to the session, and staff unable to attend the training require a repeat course. Further, travel expenses can be prohibitive. Video conference and telepresence based training can address many of these issues – instruction can be offered in two to three hour sessions over a period of time. Participants can join remotely from conference rooms or from their desktop PC allowing for life-like collaboration without the inefficiencies and costs of gathering in a central facility. Virtual training and distance learning can yield many benefits toward a competitive edge such as decreased time to market for new products and services as well as a shortened cycle to employee productivity for new hires.
Stakeholder Relations Process Local citizens, shareholders, employees, and the media are demanding more collaboration and transparency from organizations of all types - corporations, school systems, NGOs, or government agencies. It is in the best interests of most organizations to maintain strong stakeholder relationships to be viewed in the public eye as a viable and respected entity. Most stakeholders, however, cannot attend public hearings and meetings that organizations hold due to work conflicts and distance. One means of addressing this issue is to record open meetings and make them available for public viewing. The state of New York, for example, has done this since the implementation of Executive Order No. 3, promulgated by the Governor on January 1, 2007. As a result all open meetings are available on the Internet for playback and web cast. Video conferencing is great as the platform for recording these open meetings. The same video end points used to record can also be utilized for typical meetings between distant locations for ongoing and daily collaboration.
The recession has sent us a signal - it's time to rise above the rest. If innovation has to drive us out of this recession, the best brains must come together to create value. That will happen only if we start believing in the power of Collaboration 2.0. Besides, I like elbow room.