The Future Belongs to Those Who Collaborate
With the economy heading into a nosedive, possibly a long one based on some structural reasons we'll get to later, we're probably entering a period in which reduced expectations will be the norm for some time. All manner of ambitious building projects--whether it involves building organizations, physical structures or other something else--will have to be scaled back, either because of tighter credit, slower cash flow or some other form of crimped financing. We think the answer is simple: collaboration. But the trick is choosing the right collaborators, of course. If even such hallowed, deep-pocketed institutions as the Washington Post and Harvard will be in an austerity mode--at least relative to recent boom times--why not team up, as they're doing here. We also like this collaboration between the New York Times and the booming social networking site Linkedin. In coming weeks and months, we'll be on the lookout for similarly interesting collaborations. But we'd also love to hear about some of your favorites.