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Why Does Collaboration Drive Long-Term Business Success?
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May 2, 2025
In today’s rapidly evolving business landscape, collaboration is more than just a buzzword—it’s the backbone of sustainable success. Whether it’s employees working in sync, stakeholders offering insights, or shareholders guiding strategy, unity fuels innovation and resilience. But what makes collaboration so essential to a thriving business? Tune in with Anita on the #GlobalTradeGal podcast as we explore 10 compelling reasons why teamwork leads to stronger, smarter outcomes. You can read more about Why Collaboration Is Essential: Empowering Success Through Unity by clicking here (https://mondoro.com/why-collaboration-is-essential-empowering-success-through-unity/) . #LeadershipDevelopment #BusinessSuccess #WorkplaceCulture #InnovationStrategy #TeamworkMatters #SustainableGrowth #CollaborationInBusiness #OrganizationalExcellence Would you like a short audio intro script for Anita as well? Support the show (https://www.paypal.com/globaltradegal)
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0:01
[Music]
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hi this is Anita from the Global Trade
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Gal today I want to talk a little bit
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about collaboration i kind of feel like
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we live in a world where collaboration
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is not quite the thing anymore sometimes
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I feel like people they sort of pick
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sides they sort of say I'm on this team
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or I'm on that team and I'm not going to
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work with the other team but in business
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and especially in the type of industry
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that I'm in which is basically global
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trade collaboration is extremely
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important in fact collaboration really
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can make a difference between whether a
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company is successful or not i want to
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go through 10 reasons why collaboration
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is essential and I want to you know talk
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about each of these and why these are
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all important reasons first of all is
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that collaboration fosters innovation
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and creativity i always you know say
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this a lot to my staff or to my team i
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say you know we we need to collaborate
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together because it's through
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collaboration that we can foster the
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creativity we can foster innovation we
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can develop products and you know
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sometimes one member of the team might
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do this another member might do this but
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that's okay we're all working together
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you know tech giants such as Google and
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Apple they foster collaboration they
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understand that collaboration cultures
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within their company are important and
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they also encourage crossf functional
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teams which um in collaboration which is
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also an essential part of one of the
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reasons why they've been able to have so
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many breakthroughs in products and in
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solutions i believe that collaboration
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too also can enhance problem solving and
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decision making you know you're only one
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person if that's the only only thing
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that you want to do it's just you're
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just one single person and you know I
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have to say today you can actually be
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kind of two people if you sort of use AI
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which I do quite a bit and ask AI some
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questions so you know maybe AI can help
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give you some answers for some things
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but really for complex business
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challenges you know there can be many
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different solutions that if you
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collaborate it can bring together these
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diverse problems um different approaches
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you can see different people have
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different ideas and then you can look at
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all these ideas together and all these
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challenges together and then you can
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suggest you know solutions and and you
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know get the best solution out there an
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example of this was the 2008 financial
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crisis you know General Motors really
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use
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collaboration to be able to navigate
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many of the economic challenges by
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aligning employee efforts you know the
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stakeholder strategies and shareholders
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interests collaboration can also help
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increase efficiency and productivity
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that when teams collaborate together
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they it's been shown that they can be a
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more of an efficient team and that they
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you know this person will know what the
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other person's doing and it can actually
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help that there won't be redundancy
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people aren't doing the same thing or
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you get the same thing done several
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times that really this whole thing of of
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collaborating communicating together can
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make a difference it can um help improve
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communication and transparency and you
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know this is another one too that when
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one member of the team knows what
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another member of the team is doing this
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can really be able to help improve the
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communication and the overall
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transparency of the team and I think you
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know there again it also saves time
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because you know as I mentioned before
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it means that somebody's not repeating
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what somebody else is doing it can build
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trust and strengthen relationships i
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think there's probably nothing worse
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than if you think that somebody doesn't
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trust you so they're going to go behind
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you and try to redo what you've done so
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you know organizations that involve you
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employees the stakeholders shareholders
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and they're all in collaboration in the
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decision- making can help build the
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trust and strengthen
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relationships another one is it can
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enhance employee engagement and
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satisfaction i believe that people again
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this goes back to the other one talking
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about trust and they want to be part of
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a team they want to be part of something
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which has a bigger vision than
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themselves and if you collaborate
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together and you bring people in on that
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vision no matter who that person is it
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can help with the overall efficiency of
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the team itself it can increase
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adaptability and resilience why because
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you've got more people working together
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to solve a problem you in the
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everchanging business environment you've
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got more people thinking about a
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solution for the problem and you're able
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to respond better to some of the market
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changes by you know being able to look
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at some of the diverse
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perspectives and identify risks and
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opportunities can help drive customer
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centric solutions you know
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collaborations with things like external
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um stakeholders including customers
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ensure that their products and services
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are customer centric then in other words
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you're giving them what they want and so
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then they'll want to be able to come
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back again you know and a great example
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of this one is is Legos and I I'm a
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great fan of Legos i I love Legos i
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don't personally play with them but I
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have many you know nephews who have but
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Lego co um co-creates with CA customers
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through its Lego ideas platform and this
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ensures that new products resonate with
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customers expectations so they're kind
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of working together with their customers
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to sort of innovate and create and we do
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that a lot in my my own business where
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we work with our customers and we sort
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of innovate create or we say hey what
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are you looking for oh let us look at
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this see what we can create on this and
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I think that that's all part of you know
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part of this sort of collaborating
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together to be able to get the best
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solution possible or the best product
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possible collaboration it promotes
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continuous learning and growth that you
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know people that are in um an
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environment of collaboration or they
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feel safe about the collaboration it's
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been shown that they want to grow they
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want to learn they want to improve they
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want to become better instead of them
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being stifled or feeling like they're
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being pushed down that you know
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collaboration can help improve sort of
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this continuous sort of learning and
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growing and
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improving collaboration drives
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sustainable growth and competitive
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advantages so you know not only you know
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does somebody grow but you also begin to
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have this competitive advantage through
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collaboration i really love this about
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collaboration when we have our team
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meetings a lot of times we talk about
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why collaboration is so important and
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why collaboration is such an import
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essential part of what we do we in in
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our company have people in three
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locations and sometimes if I'm traveling
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that could be four locations so you know
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as part of that we really need to learn
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to collaborate together one of the
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things that we do which has really
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helped us a lot is we use a couple
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programs for this and I'll talk a little
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bit about these programs um you know in
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case you're interested one that we use a
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lot is Trello i really like Trello
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because we are a visual company we deal
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with product uh we use Trello a lot to
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be able to look at our products our
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development and other things this helps
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us be able to collaborate in any one of
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our locations people go on and they can
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look at their part of Trello i really am
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a great fan of Trello and I believe been
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a really great asset for our
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company another one that we use quite a
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bit too is Microsoft Teams and again I
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like Microsoft Teams because we're able
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to you know communicate to each other in
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fact we don't use email very often
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anymore uh we use email for a few things
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but almost all of our uh you could say
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crossoff communication now is coming
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through either Trello or the Microsoft
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Teams platform and you know I think it
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just goes to show that you know that if
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you can find something that works for
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you that helps you collaborate work
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together you know and helps to be able
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to one person to see what the other
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person's doing and to understand that it
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really does help with the overall
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collaboration of the company and of the
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team itself i think that's one of the
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you know the great things in being able
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to you know to to have this um you know
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this collaboration is is that you know
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really it allows you to be able to you
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know work together as a team so you know
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in a society where we are becoming more
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where um you know one person may feel
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like they don't want to work with
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another person or they may feel like
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they're part of this team and not the
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other team i really believe that if you
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can collaborate throughout your
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organization not just with your
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employees but also with your
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stakeholders
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um shareholders and others that it can
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really help with your
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overall efficiency in your company and
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also the satisfaction that people will
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feel in the company itself i believe
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that collaboration is essential i've
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written a blog on this which is why
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collaboration is essential empowering
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success through unity and we'll put a
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link below in the description for that
9:17
blog in case you'd like to be able to
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see more or be able to learn more from
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that blog itself but we hope that you
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will you know do as we do take this
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challenge to become more collaborative
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in a world where maybe it's becoming
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more divisive that we instead look to
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say how can we make a be a bridge how
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can we help and see the other point of
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view and how can we be
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collaborative because we understand that
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collaboration can help empower success
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as we become more unified this is Anita
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from the global trade gal thank you so
9:51
much for listening we've hope that
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you've enjoyed this and that you will
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