List and describe several ways that collaboration boosts performance of organizations.

What will be an ideal response?

Answer:
One of the most important processes of knowledge management is to ensure that people in different parts of the
organization collaborate effectively. This requires communication among departments, divisions, or other subunits
of the organization. Collaboration also occurs beyond the boundaries of the organization itself. Companies today
must motivate and capitalize on the ideas of people outside the organization. Customers, too, can be collaborators.
Creating outstanding products and services can start with involving customers in company decisions