Collaboration: having been bandied about the boardroom for decades, it nonetheless remains an enigmatic concept in business today. Is it merely one of those hackneyed buzzwords that are so heavily frowned upon on CVs and company mission statements, or rather an incredibly relevant concept that applies to the modern organisation?
Businesses of all size and shape today will do well to ensure collaboration is still a major priority – and the onus, no doubt, falls on the organisation’s leader. This seems to hold true across the world, at least according to an extensive global study led by CEO and author John Gerzema.
In the study, researchers polled 64,000 individuals across 13 countries on the qualities they believed led to successful leaders and businesses. One of the most prominent insights garnered in the study was that most people wanted their leaders to be more collaborative, with this trait ranking among the highest, along the likes of flexibility and selflessness.
In fact, an overwhelming 84 per cent believed that greater collaboration and sharing of credit are essential to a successful modern career. So what does this mean for those sitting at the top of businesses today?
It means it’s time to take collaborative leadership seriously, if you aren’t doing so already.
What does it really mean to be a collaborative leader?
The importance of collaboration aside, it can be difficult to pinpoint exactly what it means and entails, especially in a leadership context.
It’s worth having a look around to see how different people define collaborative leadership. According to an infographic from the Collaborative Lead Training Co., the workplace is evolving towards a more collaborative future and thus redefining leadership.
The infographic lays out eight key differences between traditional leadership and collaborative leadership. Among these are the notions that in contrast with the traditional model, collaborative leadership:
- Believes power is greatest in a collective team, rather than coming from a position of authority
- Openly shares information and knowledge, rather than imposing ownership on it
- Elicits suggestions and ideas from across the team – all the time
- Empowers the team with immediate time and resources, rather than providing these only when necessary
As can be seen from the infographic’s suggestions, a collaborative leader is one who embraces a ‘flatter’ organisational structure, sharing authority and accountability around the team instead of hoarding it themselves.
Additionally, in an April 17 2013 HRZone article, leadership consultants David Archer and Alex Cameron said there are three essential skills and three essential attitudes behind a collaborative leader. Even if a leader possesses the three skills, they will not be able to be fully collaborative if they don’t have the attitudes to match.
According to Archer and Cameron, the three vital skills for collaborative leadership are mediation, influencing and engaging others. Collaborative leaders, they say, are adept at addressing and resolving conflicts the moment they arise. In addition, they are skilled at influencing peers based on the organisation’s culture – which is a critical skill to have if they hope to share control and leadership.
Lastly, engagement and relationship building are essential qualities for a collaborative leader, and this involves clear communication.
So, what are the attitudes that accompany these crucial skills? Archer and Cameron outline agility, patience and empathy as the mindsets that leaders should adopt if they wish to be collaborative.
It is clear that there are some common threads that unite the schools of thought around collaborative leadership. Leaders attempting to follow this model should place emphasis on the team rather than the individual, promote a flat and open company structure and empower their employees. This should be backed up with quick-thinking and the ability to take others’ points of view.
Why it pays to be collaborative
But why is collaborative leadership so important? Especially in the modern business world, where technology is exponentially growing in prevalence and reshaping traditional interpersonal communication, adopting a collaborative culture is essential.
This was pointed out by Carol Kinsey Goman in a February 13 2014 Forbes article. Ms Goman stresses that the dreaded silo mentality is holding back countless organisations today, and not sharing information around the company can essentially “kill” it.
As a recent study by Interaction Associates suggests, not embracing collaborative leadership can also hurt your company’s bottom line. The group conducted a study on what impacts the confluence of leadership, collaboration and trust can have on a business – including its financial performance.
In the study, Interaction Associates ranked more than 150 companies based on how well they embodied these three components. It found that those considered strong across the three traits demonstrated superior financial results – for example, their P/E ratios were 28.5 per cent higher on average for those classed as weak.
Collaboration is not just a vague ideal that companies should aim for – it is a very real concept with tangible results, and it’s time to embed this into your leadership today.