Sunday, 24 July 2011

Synergy and Duplication

Companies which fail to address problems which relate to different teams and functions working and sharing information together usually suffer in their market place. The problem is not the lack of technology, but the lack of on an incentive (or willingness) for teams to work together and share information. Duplication of processes is a wasteful side effect of companies who do not exercise synergy effectively. The collaboration between different complementary functions are not effective which leads to process as well as data silos. Effort is duplicated.