Thursday, October 14, 2010

Back to New York and Collaboration

After spending the week at a conference in Richmond, Virginia, I'm in a cab heading back to Manhattan. The conference I went to was the "Global Compliance, Legal and Government Relations" conference for my company. Two takeaways that I want to share on the blog are "Cool-aboration" and the "GFC".

"Cool-aboration" was a fun term for a presentation about collaborating with others. While most companies preach this, the conference had a big difference to talk about: actually listening to other people. When we discussed the great things each group had done the past year, it was all because of collaborative efforts--but even more important it was the communication and the listening of our associates that allowed for these great things to continue. Being able to feed off others and work with them in a collaborative manner is a sign of a great organization.

The other term I used above--the "GFC"--was a term I learned that the rest of the world was using for this recession which either stood for the Great Financial Crisis or Global Financial Crisis. But the important takeaway here was to understand the impact of Dodd Frank and other international regulations to your organization. Just because you are not located in your European office does not mean that what they are doing there doesn't effect your job, especially if you work in Human Resources and deal with employees' whistleblowing or executive compensation.

Although there were many other things I took away from the conference, those are two that I wanted to share here on the Astron blog. Although many companies are already thinking about it, some "cool-aboration" is always needed to make sure good policies and procedures are implemented and enforced.


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