Improving business development capabilities of a company/unit is critical from future success and competitiveness point of view. The capabilities transform to concrete value by business development teams and more often by collaboration.
Business Development Team
In all companies and units bigger than few people there should be a business development team or teams.
Reasons for a Business Development (BUDE) Team
- The amount and pace of business level changes is increasing rapidly
- Leaders have very limited time for modern business development
- Business development process needs to be more decentralized
- To aim for better business development collaboration
Read more of a BUDE team
Collaboration
Collaboration that aims for business renewals or new business creation requires deeper business synergy as a basis for collaboration.
Reasons for New Kind of Collaboration
- Old collaboration practices are too bureaucratic and slow
- More business productive collaboration is needed
- Collaboration is expected to be on-demand, agile and purposeful
- Complexity of the business solutions requires more intensive processes
Read more of entrepreneurial collaboration – collapreneurship