A culture of _____ will help firms harness creativity, share information among departments, encourage growth of intellectual capital, and get more efficient in new product development.

Question

Quizplus · Accepted Answer

A culture of collaboration encourages open communication and teamwork among different departments, leading to a more creative and innovative work environment. This allows for the sharing of information and resources, ultimately resulting in more efficient and effective new product development. Functional discipline can lead to silos and hinder cross-departmental collaboration, while secrecy and departmental loyalty do not promote the necessary teamwork and openness for optimal creativity and growth of intellectual capital.

A Culture of _____ Will Help Firms Harness Creativity, Share