| | OCTOBER 202319CIOReviewBy Chad A. Schmookler, Senior Director, International Operations, InCommCOLLABORATION TECH ­ EVERY HERO HAS A DARK SIDEAdopting the CT at scale significantly reduces travel costs and idle time between meetingsThe Web 2.0 revolution delivered a myriad of interactive social applications collectively known as collaboration tech (CT). CT makes coming together to solve problems nearly effortless. Undoubtedly, organizational leaders are well-versed on the following benefits offered by CT:· Reduced Travel Time & Expense ­ Adoption of CT at scale significantly reduces travel costs and idle time spent between meetings. The virtual world removes geographical barriers. This permits immediate and boundless collaboration at a fraction of the traditional cost.· Access to Global Talent ­ Reduced friction of distance grants access to infinite talent. CT fuels improved matchmaking between workers and organizational needs. A more worldly workforce means new and existing markets can be better served. CT makes language skills and cultural understanding easier to locate and organize.· More Opportunity ­ Employment opportunities grow because resources can work from anywhere. Geographical limitations can no longer deny access. CT means more employee control and less frustrating commutes.· Diversity & Creativity ­ More global talent means more culturally diversity. Organizational diversity means more creativity. Unsurprisingly, diversity and creativity correlate well with innovation and motivation. Virtual teams are more creative,more productive, and experience less conflict.· Work-Life Balance ­ Some of the benefits above work in concert to offer a better work-life balance. CT offers more autonomy and more inclusivity. A CT landscape can better accommodate those with physical disabilities or similar challenges. By enhancing work life and personal life, CT facilitates greater opportunity, greater flexibility, greater creativity, and greater productivity. Obtaining a healthy work-life balance is extremely advantageous to everyone, including organizations.The events of the COVID-19 pandemic solidified CT as a critical component of everyday life. Without it, human welfare, institutional success, and the global Chad A. SchmooklerCXO INSIGHTS
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