Collaborating with the Competition
One of the best ways for businesses to obtain external sustainability knowledge is to collaborate with their competitors. Collaboration helps businesses advance their own sustainability initiatives while increasing their capacity to tackle industry-wide challenges. This article breaks down the concept of competitor collaboration and explains how sustainability leaders, executives, and NGO professionals can work together to overcome complex industry-wide problems. It also addresses some of the challenges that can arise from collaborating with the competition, including how much information you should share and how to implement collective decisions within your own organisation.
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