Entry 80: Collaborations and cooperation
Collaborations and cooperation. Lawful cooperation collaborative effort between competing companies. Strategy to meet demands and needs of customers with a shift in mindset creating an innovative response to the crisis with innovative cooperation, R&D agreements, or joint ventures. Sharing information on inventory, logistics service providers. Shared labor or facilities assistance to vulnerable customers rebalance and adapt capacity utilization. The difference between communication and connection. Good leaders don't just connect, they engage with new collaboration and partnership trends in this new normal of a post Covid world.
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