Relationships are key for your success, whether a supply chain or wholesale, retail or services organization. The “relationship” you have with the stakeholders of your organization will determine the difference between success, mediocrity or failure. Your stakeholders are your customers, employees,vendor/suppliers, support resources (accountants, lawyers, consultants, banker) and owners.
The Nu-Collaborative organization is defined by the three “C’s” of collaboration which are Cooperation, Communication and Commitment. Cooperation is the willingness to work closely with others to the benefit of both you and them. Communication is the willingness to share sensitive information needed to streamline both organizations to increase effectiveness. Commitment to the stakeholders means that you genuinely want your supporters to be successful and you are willing to do your part to make it happen. They may be vendors/suppliers, they may be your banker, they may be a competitor if you or they need assistance and one of you can help.
The new organizational model requires a focus on lasting relationships, cooperation, communication and a commitment to their stakeholders. I call that new organizational model, the start of becoming a “Collaborative Enterprise”. Want a great book on Collaboration, check out Creating a Collaborative Enterprise at www. Amazon.com or at www.creatingacollaborativeenterprise.com.
Do you have examples of being more collaborative, share them with us.
Look at our library of more Tips & Thoughts here!
If you have a question you would like us to address, let us know at contact@CollaborationHQ.com