Create Corporate Culture of Collaboration
Method No. 2: CIOs can lead change efforts to create a corporate culture of collaboration
In corporations where information silos no longer exist, collaboration is a new way of life. Here's an example: when a leading software company released a beta of its collaboration platform to employees, one immediate, recognizable difference was improved workflow.
Instead of sending one-to-one e-mails en masse, messages and files were being shared and stored in the new online repository-accessible by all team members. Discussions and decisions were happening much faster and workplace productivity improved by 30 percent within the first 60 days.
By implementing collaboration software across the enterprise, IT can help accelerate team efficiency and user productivity by using technology to retain, recall and share valuable corporate intelligence hidden within employees. It's been said that today, more than 85 percent of a typical S&P 500 company's market value is the result of intangible assets. For many companies, the bulk of these intangible assets is its people, its human capital. It is no longer what you own that counts but what you know.
Try capturing what's in the mind of your employees and how it all connects-you may find the process a little exhausting. Disappearing corporate intelligence is a reality but it doesn't have to be. Among other benefits, enterprise collaboration software helps you because it maps how knowledge naturally flows throughout your organization, evolves traditional knowledge management efforts and realizes cost savings by reducing duplication of efforts.
Enterprise collaboration software also increases overall connectedness and communication, increases company-wide innovation by empowering different business units to collaborate with one another, and measures the performance and value of user-generated content. In order to be successful in today's business environment, companies must weave communities of practice into all facets of the business, from product development to prospecting to sales follow-up. And IT management can help lead this charge.