Last year many companies collaborated on new materials, machinery compatibility and corporate initiatives, and joined recycling groups. It’s time to look forward, get inspired and realize that sometimes it is better to work with a partner or two.
When markets become disrupted by new technologies and competitors, many companies struggle to keep up. They are often not prepared to develop new products and services. Instead of going it alone, some companies are reaching out to partners in order to build a broader ecosystem that will boost their competitive strength.