Select the answer that lists all of the business benefits of collaboration and social business.

Last week, we held our company’s first user conference. It was a terrific gathering of social knowledge network experts sharing experiences. Frankly, we learned as much as any of the attendees. One topic that I found profound was around the constraints (and lack of constraints) organizations place on collaboration. That is, to what extent does a company allow and even foster social collaboration among employees – and to what extent does it resist? And why?

As one customer tweeted, “Do you trust employees to talk to customers but not enough to collaborate via social tools?”

This question gets to the heart of an organization’s culture. Does the culture foster transparency and openness, or very clear hierarchies and levels of authority? And what are the ramifications of either structure?

We’ve discovered that social collaboration can have (at least) five major benefits:

  1. Increased understanding of projects throughout the organization. When employees are siloed, they know only what they are working on. Socializing their work helps ensure more employees are aware of the bigger picture.
  2. Easier knowledge transfer. When someone leaves an organization, knowledge typically leaves with them. Making their knowledge available to others in a public way minimizes the impact of their departure.
  3. Stronger teams. Teams that communicate well do better than those that don’t. If you don’t believe this, watch a development organization that has institutionalized code review, in which one developer consistently reviews the code of another. Both developers improve through the process, thereby improving the team.
  4. A better product. The more that employees socialize their work through collaboration, the better the opportunity for enhancements and the better they are able to mitigate potential risks. Personally, I never send out something I’ve written for work without having a colleague review it. Including this article.
  5. Improved culture. When people on a team support each other through collaboration, there is less fear of failure because every project is a group project. If you’ve ever been in a team culture, you know what I’m talking about. It’s liberating and empowering at the same time.

How Organizational Structure Influences Social Collaboration

Clearly, not all companies are structured the same way, and collaboration will look different depending on the organization. In regulated industries, organizational structure ensures consistency and that rules are followed, checked, and rechecked.

Other companies have a looser structure. One company attending our conference was a gaming company. They do have organizational hierarchy, but employees there use our social knowledge network software cross-functionally. Someone in marketing could join the finance group if they wanted to learn more about the company’s finances. Game developers could join the marketing group if they wanted to learn more about how their games were being marketed. The collaboration that ensues from this fosters new perspectives, ideas, and ultimately solutions.

And taken to an extreme, Zappos rolled out a new management structure called Holacracy in which teams self-organized. There are no job titles and no management structure. Nuts? Maybe, but you have to assume a lack of an organizational hierarchy fosters collaboration and communication. In an environment without dictated structure, self-structure would be inevitable.

While few companies are interested in a completely flat and self-organized structure like Zappos, even hierarchical organizations would benefit from more social collaboration and openness.

I encourage all companies to push the level of internal social collaboration by identifying the people and technologies that can foster it. Some organizations see it as a risk. Those that do it recognize the rewards.

Harness The Power Of Knowledge Sharing With Digital Transformation

Companies that grasp what the digital workplace is really all about are willing to change the ways people and applications connect across their organizations. By fostering a digitally driven culture of collaboration, they break down silos, share knowledge more effectively and compete more successfully.

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Types of Collaborative Working

1. Team Collaboration

This is one of the most common types of business collaboration in the workplace. In this version, all the members of the group know each other. Each person knows what their role on the team involves and how it impacts other team members. There are set deadlines to get tasks done within a set time to reach the team’s goals.

With this type of collaboration, there is often a team leader who is in charge of supervising the other team members. The team members collaborate on an equal basis to complete their tasks. Once the tasks are completed as set out at the beginning of the project, the entire team generally receives equal recognition for reaching the stated goal.

2. Community Collaboration

In a community collaboration, the participants share an interest. The goal is often to share knowledge and learn, as opposed to completing a task together. Community members may share concerns by asking questions and getting advice. Upon receiving the advice, the members return to their offices and share it with their teams. This practice is an ongoing one.

In this type of business collaboration model, members may be at the same level. However, experienced members of the group may have more status with junior members. Group members are expected to help each other out, but there is not necessarily a one-to-one reciprocation of advice between members. The idea is that eventually all members of the group benefit from their association with each other.

Select the answer that lists all of the business benefits of collaboration and social business.

3. Network Collaboration

Network collaboration differs from the types of business collaboration listed above. It starts with individual people taking action in their own self-interest. They start contributing to the network to make themselves and their area of expertise known to other members. Probably everyone in the network doesn’t know each other. They rely on referrals to find out who they should be collaborating with among network members.

Social media tools are an example of network collaboration where the network members collaborate virtually without necessarily knowing each other personally. Members may post links to websites they find helpful using a social bookmarking tool. This information may be helpful to network members who are looking for information on the same topic. As that team works on the topic, they can post links to helpful websites for other network members who may need them later.

Read More : 10 Essential Tools to Support Your Digital Transformation

4. Cloud Collaboration

A list of the different types of collaboration tools would be incomplete without mentioning cloud collaboration. This method of collaboration allows more than one user to access, read, and edit documents in real-time. With documents stored in the cloud, all users with access see the latest version and can see the changes as they are being made.

Cloud collaboration can be used in organizations where teams are expected to collaborate remotely, such as a company with one or more satellite offices. Remote employees working on the same documents can share them easily without having to worry about whether they are looking at the latest version.

The cloud is an especially effective method to use for large files. E-mail servers are only meant to handle documents a few MB in size. Once an attachment gets larger than that, the e-mail program will refuse to send. A cloud-based collaboration tool doesn’t have the same limitations and can accept these large files for transfer.

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5. Video Collaboration

Video collaboration is one of the most common types of online collaboration tools being used today. Cloud-based services like Microsoft 365 or Google Workspace have virtual conference rooms where meetings are held. Guests are given invitations to join the meeting using their desktop or laptop computers. They can also join the meeting using a mobile device. Most cloud-based services offer guests the option of joining the call through their web browser; there is no requirement to download software.

Participants in a video collaboration can be located in the same office, across the street, in a different region, or halfway around the globe. Team members can talk in real-time, view the same computer screen as a colleague, and ask questions by phone, chat, or through a specialized headset.

Select the answer that lists all of the business benefits of collaboration and social business.

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6. Internal Collaboration

Internal collaboration can include several types of collaborative strategies, depending on what your medium or large-sized business wants to accomplish.

Discussion forums (or bulletin boards, as they are sometimes known) have been used for some time. They are still an effective way to share ideas about a particular topic. The disadvantage with forums is that they can be challenging to search when a participant is looking for specific information.

Microblogging can be an effective strategy for sharing messages within the company. This can be compared to using Twitter internally. It is not meant for complicated discussions but should be reserved for brief messages. Team members can start and participate in discussions by making their points quickly.

A wiki can be developed to manage information within the company. Multiple participants can contribute to the articles and keep them updated. This type of server program will likely need someone to ensure that the information is accurate.

7. External Collaboration

When you think about types of collaboration spaces, don’t forget about external collaboration. This term covers knowledge sharing that occurs outside the company. An example of external collaboration is the interaction between a brand and its presence on social media. The brand is collaborating with social media users when it asks for opinions and feedback using quizzes or discussions. The answers are analyzed and ultimately used to decide whether the brand is interacting well with its audience or if it needs to tweak its message.

A blog is a way for your company to have a “face.” Customers may find it easier to ask questions and make comments in that space than to contact the company head office directly. These questions and comments are powerful. Make note of what people are saying and apply the messages when you can. Customers are sharing what they think, what they want, and how your company can keep their business.

8. Strategic Alliance

A strategic alliance is a common form of collaboration between companies. These agreements are commonly between two or three businesses in which they agree to combine their efforts and resources temporarily to reach certain goals.

These types of business strategies can work out quite well. The companies involved in the strategic alliance will each bring something to the table that the other ones lack. For example, a company may be looking for help in reaching new markets or with customer service. In that instance, it will look for a company with expertise those areas.

Companies that can manage these types of relationships successfully will be considered “partners of choice” by more companies looking to develop similar relationships in business. With all good relationships, it is important to establish clear goals, practice good communication skills, and be respectful of others. The best strategic alliance partners also invest in the necessary personnel, tools, and processes to reach the stated goals.

Why are systems for collaboration and social business so important?

Collaboration and teamwork have become increasingly important in business because of globalization, the decentralization of decision making, and growth in jobs in which interaction is the primary value-adding activity. Collaboration is believed to enhance innovation, productivity, quality, and customer service.

Which statement contains business process associated with the correct functional area?

Which statement contains business processes associated with the correct functional​ area? The business processes of paying​ creditors, creating financial​ statements, and managing cash accounts are in the functional area of finance and accounting.

What is one of the benefits of conducting social business?

What is one of the benefits of conducting social business? It facilitates faster and smoother operations.

Which department is responsible for maintaining the hardware software data storage and networks that comprise a firm's IT infrastructure?

In all but the smallest of firms, the information systems department is the formal organizational unit responsible for information technology services. The information systems department is responsible for maintaining the hardware, software, data storage, and networks that comprise the firm's IT infrastructure.