The Benefits on November 29, 2016 at 2:40 pm
Collaboration has evolved over time. Collaboration is nothing new – it’s simply about people working together towards a common goal. Before more advanced technology, collaboration could be digital, with boundaries, small groups/individuals, generally static, and pretty limited to e-mail. However, now collaboration is dynamic, beyond e-mail, dynamic, and has no boundaries. Technology and culture has shifted, so the ways in which we work together must evolve with it.
Research shows that the further apart we are, the less likely you are to communicate.
The farther apart we are the lower the probability of communication.
According to McKinsey and Company, increased collaboration through technology has a continued benefit over time.
Source: McKinsey, How social technologies are extending the organization
According to The Collaborative Organization, U.S. companies spend over $400 billion on stress-related issues with work is one of the leading causes of stress. Collaboration can:
- Make it easier for employees to get work done
- Allow employees to feel more fulfilled and engaged
- Feel a greater sense of purpose
- Allow for flexible work environments
- Reduce stress at work
- Give employees more personal time
- Improve work-life balance
- Make people happier
What organization are seeing by making the workplace more collaborative:
- TELUS– Improved performance seen by over 70% of employees
- Vistaprint– Reduced onboarding time of new employees by 50%
- OCE– Cost savings of over 1 million euros annually
- Penn State University-Improved communication and engagement, broke down silos
- U.S Department of State- Ability to support 500k new workers over 10 years, capture and retain knowledge
- Lowe’s– Recent $1 million revenue generation from shared product demo
- FSG– 80 person growing company using collaboration to support growth
Not only in the workplace, but also in academic settings, research has shown that collaboration helps scholars and students join resources and divide labor, alleviate academic isolation, and sustain motivation through commitments (Fox and Favor 1984). Do you see the benefit of collaboration?
Click here to give an example of a time that you had a positive experience in a group.