External knowledge: exchange sustainability knowledge with other organisations with the aim of generating system-wide improvements.
To what extent do you exchange sustainability knowledge with other organisations?
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.
The online session (available to watch via the article) explains how to participate in competitor collaboration, best practices, and provides a range of supporting materials; the guide for managers describes the benefits and challenges of competitor collaboration, and offers research-based advice.
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