These days, you don’t have to look far for proof that collaboration can lead to great things. Industries from hospitality to transportation are increasingly led by companies built on collaborative models, creating a ‘sharing economy’ that is estimated to be worth over US$300 billion by 2025. Studies show a clear link between the adoption of collaborative work practices and exceptional business performance.
Beyond any impacts on the bottom line, there’s a lot of evidence that humans are social animals by nature, and that collaboration makes us feel good. A survey by co-working operator (and noted collaboration champion) WeWork, for example, found the happiest and most productive employees tend to be those that regularly team up with people bothoutside and within the office.
So collaboration is certainly worthwhile - but it isn’t always easy to make it happen. Simply encouraging people to communicate, or sticking them in a room together, doesn’t always work - in fact, some studies have shown efforts to make environments more ‘collaborative’ have had precisely theopposite effect. Evenbuilt-for-purpose collaboration tools sometimes end up denting productivity and sowing confusion.
When the rewards for collaboration can be so substantial, it’s important to get it right. In this issue of Perspectives we explore how to cultivate the kind of collaboration that takes root as a mindset, delivering business value and innovation from the ground up - or, should we say, from the individual out.
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Thoughtworks acknowledges the Traditional Owners of the land where we work and live, and their continued connection to Country. We pay our respects to Elders past and present. Aboriginal and Torres Strait Islander peoples were the world's first scientists, technologists, engineers and mathematicians. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.
As a company, we invite Thoughtworkers to be actively engaged in advancing reconciliation and strengthen their solidarity with the First Peoples of Australia. Since 2019, we have been working with Reconciliation Australia to formalize our commitment and take meaningful action to advance reconciliation. We invite you to review our Reconciliation Action Plan.