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Collaboration sometimes comes across as a soft subject. It’s in the “nice to have” category, but somehow removed from serious business matters. If this was ever the case, it no longer is. Collaboration is at the heart of many critical business processes, especially as business grow more virtual and geographically spread out. Strategy execution relies, in large part, on effective collaboration. It’s how earnings grow. Poor collaboration comes with business risks. Solutions like Microsoft Teams help you avoid the consequences of poor collaboration.

Briefly, What is Collaboration in the Modern Business?

In simple terms, collaboration refers to two or more people working cooperatively on the execution of a project or task. It’s a familiar process, something most of us have been doing since nursery school. In the modern business context, however, collaboration is a much richer and involved activity.

Collaboration today means people working closely with one another, regardless of whether they are in the same physical space. It encompasses file sharing, collaborative document editing, task management, project tracking, phone/video/chat and web meetings. It the process that leads to the realization of team- and business-wide objectives.

5 Risks of Poor Collaboration

Poor collaboration can have a number of negative effects on a business. Some are (expensive) nuisances. Others could actually threaten a company with legal problems or security risks. Here are five major risks of poor collaboration, based on our experience working with many clients on collaboration technology projects:

1. Wasting time

This may not seem like such a big deal, but it is. Employees are expensive. Every minute wasted with sub-optimal collaboration tools nips earnings from the bottom line. For example, a few minutes wasted searching for the most recent draft of a document, across every team in the company, hundreds of times a year, can really add up. Microsoft Teams solves this problem by embedding enterprise search right into the collaboration interface.

2. Poor project management

Teams frequently use collaboration tools to manage projects. The better the tool, the more smoothly the project management process will go. The reverse is also true. If task assignments, follow ups, document sharing, scheduling and so forth are difficult, team members may abandon the tool and work through email and chat. This is sub-optimal and may impair project execution. Microsoft Teams provides extensive project management and tracking functionality.

3. Poor execution of strategy

In the aggregate, projects and collaborative work roll up to overall business strategy. Without the right tools, your teams cannot execute on strategies. The negative effects of this collaboration risk will appear in results at the end of the period.

4. Negative impact on morale and team cohesion

Employees may spend a great deal of their time inside the collaboration interface. If the experience is challenging or counter-productive, this can affect morale and team cohesion. People get stressed out when their tools can’t help them get their jobs done or meet their personal career goals.

5. Security risks

Collaboration often involves sharing confidential information and access to internal systems. Hackers may try to exploit vulnerabilities in the collaborative ecosystem to access data and digital assets. Microsoft Teams mitigates this risk with countermeasures like encryption for data in transit and chat.

The right collaboration software can make a difference when it comes to avoiding these risks and related problems in getting teams to work together productively. Get a head start with the Teams Quick Start Program from CCS Technology. In just 2 to 3 weeks we will get you up and running on the Microsoft Teams Platform, which can enhance productivity–translating into more effective meetings, greater revenues, and profits. Click here to learn more.

Learn more in Improving Collaboration With Microsoft Teams.