Summary.
Research shows that a major determinant of how organizations handle crises like the pandemic is collaboration. In this piece, the authors share their study of how companies handled the Great Recession and offers an in-depth examination of how collaboration made all the difference. They then offer 7 strategies that leaders can employ to maximize collaboration in their organizations.In these difficult times, we’ve made a number of our coronavirus articles free for all readers. To get all of HBR’s content delivered to your inbox, sign up for the Daily Alert newsletter.
Crises like the Covid-19 pandemic highlight the importance of effective collaboration for long-term commercial success. Particularly in a crisis, organizations need to pull together experts with unique, cross-functional perspectives to solve rapidly changing, complex problems that have long-term implications. The diversity of experience allows a group to see risks and opportunities from different angles so that it can generate new solutions and adapt dynamically to changing situations.