By Doug Van Dyke, Leadership Simplified, www.leadershipsimplified.com
Last week Geely Holding Group, a privately-held Chinese auto company purchased Volvo from Ford. The tidy little $1.5 billion transaction provides Geely, a relative auto-newbie, with a global footprint and presents it with enormous collaboration challenges (more on that in a moment).
The Geely deal follows on the heels of the December 2009 sale of a portion of GM’s Saab unit to Beijing Automotive Industry Holding Company, and the 2009 sale of GM’s Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Company. Apparently, the Chinese government has been, as USA Today (August 2nd edition) put it, “…encouraging Chinese companies to expand abroad, taking advantage of the global economic crisis to acquire assets at lower prices.” In other words, China is leveraging the staggering amount of cash they possess in order to diversify their investments and purchase relative bargains that have huge revenue or brand upside potential. Smart. Sounds like an investment strategy that some of you should ponder as well. Ah, but that is for another newsletter and another day.
Now, back to Geely and the collaboration challenges they will face with getting their 13-year old, entrepreneurial-oriented Chinese concern to work seamlessly with a well-established, Nordic-based, labor-union intensive company. This is a tall order by any means. So I thought I would provide a strategy on how a company like Geely, like yours, like any organization facing huge workplace collaboration issues can begin to address the situation.
I believe that Geely will be searching for some or all of the above stated results. As such, they will need to embrace a process that points their combined team down a collaborative path.
This may sound easy, but this is where most leaders blow it. In effect, they under-communicate. When change and collaboration initiatives are taking place, it is impossible to communicate too much. Thus, once a collaboration process is put in place, a communication plan needs to be created that will bring the process to life. Communicate frequently and using a variety of methods (verbal, email, memos, videoconference, and teleconference). In other words, the frequency of your communication will not only provide clarity regarding the process, but also underscore the collaboration initiative’s importance.
The justification for all of your workplace collaboration efforts will be told in the results. And a workplace that collaborates well, delivers solidly. Bank on it!
Doug Van Dyke is a leadership and collaboration consultant, executive coach, and strategic planner. He is also the author of Leadership Simplified – THE Field Guide for Savvy Leaders. Doug’s audios and videos are also available at www.leadershipsimplified.com. To learn more about consulting services, coaching, and training, or to have Doug help your team work together better, contact him today at .(JavaScript must be enabled to view this email address).
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