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Stop Doing It All Yourself! Collaboration Pays Off!

Stop Doing It All Yourself! Collaboration Pays Off!. Debra Exner, Exner & Associates High Cost of Doing Nothing 4/18/12. Introduction. My collaborator in this work: Col - LAB - oration Col - LABOR - ation. Maddie Hunter.

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Stop Doing It All Yourself! Collaboration Pays Off!

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  1. Stop Doing It All Yourself!Collaboration Pays Off! Debra Exner, Exner & Associates High Cost of Doing Nothing 4/18/12

  2. Introduction My collaborator in this work: Col - LAB - oration Col - LABOR - ation Maddie Hunter

  3. Collaboration is a powerful process of combining the ideas and efforts of multiple people or organizations to create superior results.

  4. Agenda • Warm up exercise: Your beliefs • Why collaborate now? • Collaboration opportunities • Your Collaborability: a self-assessment • Supports & Obstacles • Wrap up

  5. Warm-up - Checking Assumptions Instructions: Please stand when I hold the answer card that most closely reflects how you feel about each statement. Collaboration is on the rise as a way to get things done in the world. Collaboration usually assists me in meeting my goals. Yes! Absolutely! More or Less Yes! No Way! 5

  6. Talent? Hard work? Sure. But you know what? A lot of talented people work hard. You work hard. But as crucial as they are, hard work and talent alone don’t guarantee great results. There is a habit among musicians, especially the great ones, that is overlooked: collaboration. This works in any office, in any business. *February 2012 issue, article: Slowhand's Success Secret: Guitar god Eric Clapton doesn't depend on talent and hard work alone.

  7. According to CEOs… … the ability to collaborate is a critical skill. Source: PricewaterhouseCoopers 11th Annual Global CEO Survey 2008

  8. Why now? Social Media Virtual companies Collaborative intelligence Crowdsourcing B-webs Peering Open-sourcing

  9. Why collaborate? • Are your leadership practices preparing you for the future? “Success in the old paradigm becomes inertia in the new one” “…a tough new business rule is emerging: Harness the new collaboration or perish.” —Wikinomics, Don Tapscott & Anthony Williams • Better results — power of many • Complexity demands! • Finding solutions in a changing market

  10. Ways to Collaborate • Other businesses • With customers, the world, through Crowdsourcing • In your industry • Within your business, across silos • Accountability & support partners • Non-profit advocacy • With paid help • Formal Partnerships It’s a Mindset – for life, not just for business

  11. With the World Crowdsourcing example: Netflix Prize The challenge: Improve movie recommendations by 10% The prize: $1,000,000

  12. Crowdsourcing example: Netflix Prize The challenge: Improve movie recommendations by 10% The prize: $1,000,000 $50,000 progress prize: • 2007 to BellKor with 8.43% improvement • 2008 to BellKor in BigChaos at 9.44%

  13. What problem would you like solved? A few websites for Crowdsourcing: • https://www.innocentive.com/ • http://www.quirky.com/ • http://www.geniuscrowds.com/ • Enage customers • What else would they like? • What’s important to them?

  14. Collaborate with Industry Partners • Fund Raising Effectiveness Project • Standard Reports for NonProfits • Donor Retention counts more than total $s Participating Donor Software Firms

  15. Does your workplace feel like this? • Silos are natural • The key is to create teamwork across boundaries • What could you accomplish with better collaboration?

  16. What’s your Collaborability Self-Assessment

  17. Go or No Go Formula = - - ­­­­­― From Collaboration: How Leaders Avoid the Traps, Build Common Ground and Reap Big Results by Morten Hansen Return on Project Collaboration Premium Opportunity Costs Collaboration Costs

  18. Supports for Collaboration Openness Risk Tolerance Common Goals Time Choice Trust Support

  19. Obstacles to Collaboration Unmanaged Conflict Fear Limiting beliefs Organizational politics Lack of trust Confusion Too many rules Not invented here! Time differences MMFI “Been there done that” Skewed reward system

  20. Confusion or conflict? High ConfusIon Conflict Low High The Implementation Leadership Matrix by Prof. Jerry Mechling, Harvard University

  21. Collaboration … A New Survival Skill Learnable, expandable Collaboration starts with you! CollaborationPaysOff.com Debra Exner ♦ 602-298-1129 dexner@exnerassociates.com www.ExnerAssociates.com

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