Whether a business is local or global, the challenges of handling collaboration in a fast-paced and competitive environment can be overwhelming, especially when adding it onto the complexity of project management. Without set objectives and proper discipline, the business process can start to deteriorate. In fact, according to HBR, 75% of Cross-functional teams are dysfunctional and only have a 19% project success rate. To be successful, companies should have a clear idea about how to manage their projects and promote collaborative teams (both cross-disciplinary and cross-departmental) to keep their businesses on course.
There are no turnkey solutions to collaboration and project management that will work for every business, but with a little research and effort you can learn about the collaborative techniques and tools that are working for your industry. To get a sense of what you need to know and how to move forward, I’ve put together a longer post on “Understanding Project Management and Collaborative Project Management”. It’s a great first step to gaining the proper knowledge to move your team toward increased collaboration and higher project success rates.