Industry professionals in outsourcing have said that for businesses to expand beyond boundaries and foster long-term growth, owners must adopt valuable collaborative strategies.
To them, adopting collaborative strategies and providing insightful feedback would aid in adopting innovative ideas that would result in enduring growth for the business.
The trade ambassador of the International Trade Facilitation Association (ITFA), Collins Nwosu, said this during the second quarter of the stakeholders’ forum, organised in Abuja by Resource Intermediaries Limited (RIL), themed ‘A Collaborative Approach to Building Sustainable Relationships’.
Nwosu said effective collaboration in business also leads to increased success, innovative ideas, more efficient workflows, and improved internal and external communication.
According to him, collaboration also improves how employees work together internally and how they find solutions to problems externally.
Also, executive director, Business Development of Resource Intermediaries Limited, Ademolasoye Awonaike, said there is a need for service providers and clients not to engage in a power struggle but should rather collaborate and focus on reaching common ground, working towards shared objectives, and nurturing sustained trust.
CFO of Bilaad Reality, Aishetu Usman, said successful business collaborations require effective communication, mutual trust, and a shared vision of the goals and outcomes of the partnership.
