Collaboration, Coordination, Synergy

1. Collaboration Coordination or synergy is so important because teams are most effective when there is good synergy. There are some cases where it is not necessary, but it is still good to have. For example, additive tasks are done individually, so groups are not needed at all.
2. Synergy is needed for teams to be successful. Good communication skills from everyone are important too. Members should be hardworking, determined, open minded, and able to take and give constructive criticism. Avoiding groupthink is important too. Groupthink does not allow the team to perform at its highest level. I could become a better contributor by being more open minded. I tend to think that my way is right, but it is important to listen to other group member. Most of the time they have something good to add. During the class exercise, I cannot remember who, but someone suggested we position our straws a different way. We ended up doing it a different way, but the other way may have worked. So I need to be more open minded.
3. http://www.businessweek.com/news/2011-10-07/pemex-ceo-says-lack-of-repsol-collaboration-is-ridiculous-.html In this article, lack of collaboration stopped Pemex and Repsol partnership in the oil industry. Pemex wanted more control over Repsol. They were working well together and were forced to go separate ways. If there was collaborative coordination, then this partnership could have worked out. Both firms were stubborn, and now both are on the losing end. This article is a great example of why collaboration is so important. Collaboration is so important because it is the only way to be successful in today’s global economy. 

-Trevor Goggin