Project-Aligned Collaboration

Written by Gerd Schmidt


Many companies are using collaboration in their quest to become more efficient and ‘leaner’. Business demands that people collaborate within companies (intra-company) and across company boundaries (inter-company) with suppliers, customers, etc. Collaboration happens where there are two or more people that want to reachrepparttar same target and need work together to exchange information and complete tasks to achieverepparttar 104439 goal. This paper introduces Project-Aligned Collaboration and reviews its benefits.

Forms of Collaboration

Collaboration can take many forms including conversations, meetings and/or sharing information or documents via email. It requires a process of communication and follow-through by team members, and accountability by each individual to deliver her knowledge torepparttar 104440 team and process.

Collaboration also involves internal and external resources. Looking at intra-company collaboration, it is safe to assume that these people can userepparttar 104441 same tools as they are withinrepparttar 104442 same environment. However, even then many teams typically userepparttar 104443 traditional and familiar collaboration tools - telephone, whiteboard and email.

Looking atrepparttar 104444 inter-company collaboration, an additional obstacle arises due to each company’s IT systems. They often are not compatible from one company torepparttar 104445 other or company policies prevent users from other companies to get access to IT resources for security reasons. The users fall back to traditional collaboration tools such asrepparttar 104446 telephone, whiteboard and email.

Current Collaboration Tools

Withrepparttar 104447 introduction ofrepparttar 104448 Internet, web-based collaboration solutions became available to support collaboration. Typically they come in two forms: 1) ‘Meeting-based’ tools providing team members secured access to conduct virtual meetings or ‘web-conferencing’ to share documents, discuss issues or status; or 2) ’Document- or deliverable-centric’ tools, allowing participants to share documents and deliverables between each other.

However, task lists, issues management and project milestones are not typically incorporated in these solutions. The team is still left to managerepparttar 104449 overall processes and repository of information, again relying on key users to manage documents, andrepparttar 104450 use of email for communication of progress, status and issues. Therefore one ofrepparttar 104451 key challenges with many ofrepparttar 104452 existing collaboration software solutions is that they often do not supportrepparttar 104453 management and communication of some critical information for any user to successfully collaborate such as:

* What isrepparttar 104454 current status ofrepparttar 104455 work that has to be done? * What arerepparttar 104456 steps that need to be executed to getrepparttar 104457 document or deliverable as a result?

Lastly, one ofrepparttar 104458 major disadvantages of all these collaboration tools – specifically for new members we have to collaborate with, is thatrepparttar 104459 new member doesn’t have access to any historical information. Telephone calls that happened inrepparttar 104460 past are not accessible for a new member ofrepparttar 104461 team; whiteboards got erased a long time ago; and emails are still available but have to be sent again (which in reality rarely happens). Web-conferencing minutes or issues information is often not available and dependent onrepparttar 104462 team to track, manage and to communicate torepparttar 104463 new member. Document-centric collaboration portals allowrepparttar 104464 new participant to gain access to historical data and documents but requirerepparttar 104465 new member to search on his/her own.

These types of collaboration processes require good project management skills onrepparttar 104466 part ofrepparttar 104467 team leader and also good execution skills onrepparttar 104468 part ofrepparttar 104469 team. The intent is always to deliver but often there are too many obstacles to overcome that prevent efficient forms of collaboration from taking place. The top reasons for failure of most collaborative efforts are:

* Lack of assigning clear objectives and milestones * Communication breakdown – not knowingrepparttar 104470 status of progress or issues pending * Not following up with issues in a timely manner

Project-Aligned Collaboration

The focal point of collaboration is to jointly accomplish a goal. It involves a team that wants to work together to complete key activities or milestones, produce deliverables in a timely manner, and resolve issues as they execute their plan. This type of collaboration can be referred to as Project-Aligned Collaboration. It is based aroundrepparttar 104471 reality that people not only want to exchange documents and deliverables but also need to know WHO does WHAT at any given time. In addition torepparttar 104472 WHO does WHAT information, participants also need to know aboutrepparttar 104473 current status of tasks. Progress can be better understood if all members could seerepparttar 104474 key tasks that have to be executed to finishrepparttar 104475 project (e.g. producerepparttar 104476 document/deliverable/etc.).

New Technology Revolutionizes Check Collection

Written by Carlos Scarpero


New Technology Revolutionizes Check Collection

Bad checks are a growing problem inrepparttar US economy. According to a 2001 study conducted by Global Concepts forrepparttar 104438 Federal Reserve, an estimated 300 million checks bounce per year, costing retailers over $200 billion. Until recently, merchants had limited options for check collection: They could takerepparttar 104439 check and pray it didn’t bounce; they could have a cash only policy and leave potential money onrepparttar 104440 table; they could use a service such as check guarantee. Unfortunately, for many small businesses,repparttar 104441 latter option was not feasible because of cost issues. Now a new player has emerged onrepparttar 104442 block: free electronic check re-presentment, also known as RCK. The RCK industry sprang up as a result of new regulations approved by NACHA (National Automated Clearing House Association) in November 1999. RCK processors offer their services at no cost torepparttar 104443 merchant. Unlike check verification,repparttar 104444 merchant does not need any special equipment or software. The merchant simply signs a few simple forms instructing their bank to sendrepparttar 104445 bad check torepparttar 104446 RCK processor. The processor electronically recoversrepparttar 104447 full face value ofrepparttar 104448 check forrepparttar 104449 merchant and then electronically depositsrepparttar 104450 funds intorepparttar 104451 merchant’s bank account. The processor makes money by chargingrepparttar 104452 check writer a fee based on state law, normally around $25-$30. NACHA projects thatrepparttar 104453 use of electronic re-presentment could increaserepparttar 104454 rate of successful collection by 25 to 50 percent.

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