Working together a win-win outcome for businesses

EXPERTS are urging businesses to see collaboration as a major force for growth with the excess of information, technology and specialist capability available.

They say no single business could possibly have all the capacity in-house to take advantage of the opportunities available.

According to experts at leading industry development organisation QMI Solutions, collaboration may be the answer.

Implementing collaborative partnerships can enable businesses to share knowledge and resources, reduce risk, gain access to bigger and better opportunities, and ultimately enjoy significant growth.

Central Queensland businesses will have the chance to learn more about how to successfully collaborate with other businesses in a half-day workshop to be held in Gladstone.

Australian Institute for Commercialisation lead innovation consultant Denise Raybould believes collaboration is an often overlooked avenue that she would like to see more businesses consider.

"Businesses sometimes miss out on opportunities because they don't have the critical mass and capability, particularly with major projects," she said.

"Often businesses are concerned about collaborating with others that may be competitors.

"Collaboration, if handled correctly, can provide a simple and effective solution.

"It's about knowing how and when to enter into such an arrangement."

The Collaborating for Business Advantage workshop will show businesses the significant benefits of collaboration and how to locate and engage the best partners to build successful relationships.

Facilitated by Ms Raybould, who has over 20 years' experience helping a wide range of businesses innovate and develop for growth, the workshop will show businesses examples of successful collaborations and will provide them with the tools to start planning their own.

The Collaborating for Business Advantage workshop will be held on Tuesday, March 4, at the Queensland Government Office, 33 Goondoon St, Gladstone, 8am-noon with lunch and morning tea included.

The workshop is subsidised by the Queensland Government with a cost to participants of $50 (excluding GST).

Learn how to:

  • Identify the most suitable types of collaboration
  • The potential challenges and possible solutions
  • How to protect your intellectual property
  • Collaboration specifically for the resources industry
  • Insights from a business case study
  • How to ensure your business is collaboration-ready