Collaborative Working Practices in Business

INTRODUCTION TO
BUSINESS

The term Collaboration is considered to be of much importance in the
workplace when two or more employees work together by sharing ideas, thoughts and
have same thinking to achieve common goal. Company having high collaborative
level capacity enables more effective operation at daily level which helps in
achievement of viability for long-term period. With collaborative working practices, a
business can seek following benefits:
 Increase in the innovative and creativity level of employees resulting in out of
the box thinking for solving an issue easily and speedily.
 Helps employees in increasing their learning skills and development part
apart from education as pursued by them (Grove and et.al., 2018).
LO 2 Collaborative working practices

 With collaborative practices, employees of the company get mainly
benefited as it helps them in increasing their individual productivity and
motivates them to work in more efficient manner.
 By having collaborative work force, it enhances stakeholder relationship.
Also, it can help in creation of high synergy level with all other business
departments, suppliers, vendors and customers.
TO BE CONTINUED