Economics was a required course when I was a cadet at the Air Force Academy. I don't remember my professor's name, but two ideas stuck with me: opportunity cost and long-term gain. I have found these ideas to be effective lenses many times over the years for examining proposals and strategies. Examining the opportunity costs and potential for long-term gain or loss associated with collaboration and its competitors reveals why collaboration can be a powerful force for the success of an organization. Read more about “The Economics of Collaboration”…