Collaboration is the most overused word in the business world. Most managers often think of messaging, chat, and document-sharing activities as collaboration.
Sometimes terms like coordination, collaboration, and cooperation are used to explain “effective teamwork”. These terms if not used in the right context fail to convey the exact meaning of “project collaboration”. The lack of knowledge in project collaboration creates a barrier to building a powerful workplace.
A 2016 survey has found that 70% of American employees are reducing economic growth by not working with full potential. In this group, more than half were found absent and one-fifth are disengaged.
Around 96% of CEOs believe that poor communication and collaboration is the primary reason behind workplace failure. Lack of the right collaboration tools and processes at an organization level leads to project failure.