Abstract: | In their new book The TeamNet Factor: Bringing the Power of Boundary Crossing into the Heart of Your Business, authors Jessica Lipnack and Jeffrey Stamps claim that businesses that form teamnets—networks of teams that cross conventional boundaries—will be winners in the twenty-first century global economy. From the smallest to the largest companies, businesses are climbing over their own walls. Customers, competitors, and even people in different industries traverse their traditional limits to work together. When business teams cross boundaries, benefits accrue. Whether three-person shops or multinationals, these companies can achieve something that by themselves would be impossible. By definition, teamnets are on a mission for mutual benefit. Large firms in many industries are using internal teamnets to bridge barriers inside their companies and external teamnets to bridge boundaries with suppliers, customers, and competitors. The following excerpt presents insightful ideas and techniques for quality professionals on how to implement more effective project management through teams. |