Deloitte: Tracking the 'Collaborative Economy'

Deloitte was asked by Google Australia to quantify the value of greater workplace collaboration, and the number is big:

• $46 billion per year – the value of faster-growing, profitable businesses with collaboration at their core
• $9.3 billion per year – additional value if companies make the most of opportunities to collaborate more.

Further, companies that prioritize collaboration are:

• Five times more likely to experience a considerable increase in employment
• Twice as likely to be profitable
• Twice as likely to outgrow competitors.

Yet more than half of Australian businesses have no collaboration strategy. As a result they – as well as the national economy – are missing out on some very significant benefits. [Read more]