The article “The Collaboration Multiplier: how to innovate through partnership” published by Tom Wellner by Forbes.com underscores the significance of collaboration and partnerships in driving innovation. Using Revera’s Innovators in Aging Program as an example, it stresses the value of strategic investment and learning from real-world cases. Before entering collaborations, organizations are advised to assess their strengths, identify impactful innovations, and ask critical questions about potential partners. The importance of cultural alignment, including shared values and leadership compatibility, is highlighted. The article presents a case study involving Revera’s collaboration with BookJane, emphasizing how such partnerships can address real-world challenges. Collaboration is depicted as a two-way street, with both parties benefiting through financial investment, exposure, and opportunities for product refinement. The ultimate goal is to build successful, sustainable business models that positively impact people’s lives by applying innovations on a scalable level.
Read through the slides and learn about the significance of collaboration and partnerships in driving innovation!
Source:
https://www.forbes.com/sites/forbesbooksauthors/2023/12/19/the-collaboration-multiplier-how-to-innovate-through-partnership/?sh=899a39731384: The Collaboration Multiplier: how to innovate through partnership. 💡
