Collaboration plays a vital role in any organization, regardless of its size or industry. It refers to the process of working together towards achieving a common goal or objective. Collaboration involves individuals or teams from different functions and backgrounds coming together to share knowledge, expertise, and resources. In a formal way, collaboration involves a well-defined process, guidelines, and structure to ensure effective outcomes.
Collaboration offers numerous benefits for organizations, including increased innovation, improved productivity, increased output, and enhanced learning opportunities.