Blog Pick of the Week: Collaboration is Magic
We had a very stormy winter. As a result, there are many, many, many twigs and branches in our yard. This past weekend, five of us worked in the yard for less than an hour and what a difference! It was easier, fun and no one was hurt or tired at the end of it. Then we had a cookout and enjoyed the rest of the day.
Obviously this is an example of collaboration at home. This week's eSourcing Wiki was about collaboration at work - Supplier Enablement.
With that same theme, I read this blog on Spend Navigator and it was an alternative perspective from many of our CPOs. At a recent conference they were given a survey. The majority felt they wanted short term savings over long-term value. That is contrary to the "working together" approach. There was a predominant approach of competition versus collaboration.
I would say that there is not a 'one size fits all' approach. I think there are some commodities that lend themselves to competition and others to collaboration. I also think it depends on your business and industry. What works for one does not necessarily work for all.
With that in mind, what does your organization utilize predominantly? Do your prefer one approach over the other? What have you achieved for results with the collaborative approach?