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Why Is Collaboration the Key to Thriving in Business Today?
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May 2, 2025
In today’s fast-paced business world, collaboration has become more than just a buzzword—it’s a foundation for true success. Whether it’s employees aligning efforts, stakeholders sharing insights, or shareholders steering direction, unity creates strength. In this video, we dive into why collaboration matters and how it powers long-term growth. 🎧 Listen now and discover 10 powerful reasons collaboration helps build an innovative, thriving business. Read more about Why Collaboration Is Essential: Empowering Success Through Unity: 👉 https://mondoro.com/why-collaboration-is-essential-empowering-success-through-unity/ #CollaborationMatters #BusinessSuccess #TeamworkInBusiness #InnovationThroughUnity #LeadershipGrowth #CorporateCulture #SustainableGrowth #MondoroCompanyLimited To find out more great content about creating, developing and manufacturing home decor and home furniture products in Asia, check out our website at https://mondoro.com/
View Video Transcript
0:07
hi this is Anita from the Global Trade
0:09
Gal today I want to talk a little bit
0:12
about
0:13
collaboration i kind of feel like we
0:15
live in a world where collaboration is
0:18
not quite the thing anymore sometimes I
0:21
feel like people they sort of pick sides
0:23
they sort of say "I'm on this team or
0:25
I'm on that team and I'm not going to
0:27
work with the other team." But in
0:29
business and especially in the type of
0:31
industry that I'm in which is basically
0:34
global trade collaboration is extremely
0:37
important in fact collaboration really
0:41
can make a difference between whether a
0:43
company's successful or not i want to go
0:45
through 10 reasons why collaboration is
0:48
essential and I want to you know talk
0:50
about each of these and why these are
0:52
all important reasons first of all is
0:56
that collaboration fosters innovation
0:59
and creativity i always you know say
1:01
this a lot to my staff or to my team i
1:03
say you know we we need to collaborate
1:06
together because it's through
1:07
collaboration that we can foster the
1:09
creativity we can foster innovation we
1:11
can develop products and you know
1:14
sometimes one member of the team might
1:15
do this another member might do this but
1:17
that's okay we're all working together
1:21
you know tech giants such as Google and
1:23
Apple they foster collaboration they
1:25
understand that collaboration cultures
1:28
within their company are important and
1:30
they also encourage crossf functional
1:31
teams which um in collaboration which is
1:35
also an essential part of one of the
1:36
reasons why they've been able to have so
1:38
many breakthroughs in products and in
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solutions i believe that collaboration
1:43
too also can enhance problem solving and
1:46
decision making you know you're only one
1:48
person if that's the only only thing
1:51
that you want to do it's just you're
1:52
just one single person and you know I
1:55
have to say today you can actually be
1:57
kind of two people if you sort of use AI
1:59
which I do quite a bit and ask AI some
2:01
questions so you know maybe AI can help
2:03
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
2:10
different solutions that if you
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collaborate it can bring together these
2:14
diverse problems um different approaches
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you can see different people have
2:18
different ideas and then you can look at
2:21
all these ideas together and all these
2:22
challenges together and then you can
2:24
suggest you know solutions and and you
2:28
know get the best solution out there an
2:30
example of this was the 2008 financial
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crisis you know General Motors really
2:36
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
2:53
that when teams collaborate together
2:55
they it's been shown that they can be a
2:57
more of an efficient team and that they
3:00
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
3:07
you get the same thing done several
3:09
times that really this whole thing of of
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collaborating communicating together can
3:14
make a difference it can um help improve
3:17
communication and transparency and you
3:20
know this is another one too that when
3:21
one member of the team knows what
3:23
another member of the team is doing this
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can really be able to help improve the
3:28
communication and the overall
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transparency of the team and I think you
3:31
know there again it also saves time
3:34
because you know as I mentioned before
3:36
it means that somebody's not repeating
3:37
what somebody else is doing it can build
3:40
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
3:45
trust you so they're going to go behind
3:47
you and try to redo what you've done so
3:50
you know organizations that involve you
3:53
employees the stakeholders shareholders
3:55
and they're all in collaboration in the
3:58
decision-making can help build the trust
4:00
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 we talk
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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
4:15
themselves and if you collaborate
4:17
together and you bring people in on that
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vision no matter who that person is it
4:21
can help with the overall efficiency of
4:23
the team itself it can increase
4:26
adaptability and resilience why because
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you've got more people working together
4:30
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
4:40
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 it can help drive customer
4:49
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
4:59
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
5:05
back again you know and a great example
5:07
of this one is is Legos and I I'm a
5:09
great fan of Legos i I love Legos i
5:12
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 cat customers
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through it 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 important
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essential part of what we do we in our
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company have people in three locations
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and sometimes if I'm traveling that
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could be four locations so you know as
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part of that we really need to learn to
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collaborate together one of the things
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that we do which has really helped us a
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lot is we use a couple programs for this
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and I'll talk a little bit about these
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programs um you know in case you're
7:06
interested one that we use a lot is
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Trello i really like Trello because we
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are a visual company we deal with
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product uh we use Trello a lot to be
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able to look at our products our
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development and other things this helps
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us to be able to collaborate in any one
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of our locations people go on and they
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can look at their part of Trello i
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really am a great fan of Trello and I
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believe been a really great asset for
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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
8:00
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
8:05
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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the you know the great things in being
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able to you know to to have this um you
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know this collaboration is is that you
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know really it allows you to be able to
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you know work together as a team so you
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know in a society where we are becoming
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more where um you know one person may
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feel 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
9:09
written a blog on this which is why
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collaboration is essential empowering
9:13
success through unity and we'll put a
9:16
link below in the description for that
9:17
blog in case you'd like to be able to
9:19
see more or be able to learn more from
9:21
that blog itself but we hope that you
9:23
will you know do as we do take this
9:25
challenge to become more collaborative
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in a world where maybe it's becoming
9:30
more divisive that we instead look to
9:32
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 collaborative
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because we understand that collaboration
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can help empower success as we become
9:47
more unified this is Anita from the
9:50
global trade gal thank you so much for
9:52
listening we've hope that you've enjoyed
9:53
this and that you will take a moment and
9:55
subscribe and become part of our
9:59
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10:01
Menuro we create develop and manufacture
10:04
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10:06
in Asia with a social conscience we'd
10:09
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10:11
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10:14
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10:16
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10:18
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10:20
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10:22
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