The world of tech is changing rapidly. The internet has made it possible for people and businesses to work together in new ways, and this has changed the way we coordinate efforts.
Making the distinction between collaboration and coordination is important in terms of understanding how individuals and businesses work together in a tech-driven world.
Collaboration and coordination are two concepts that have been thrown around a lot lately. They're used interchangeably, but collaboration is something people do and coordination is something technology does.
Collaboration is about people working together to solve problems; it's collaborative because it requires individuals to take action with each other in order to achieve the shared goal. Coordination, on the other hand, involves creating systems that operate independent of human interaction—it's systematic because it doesn't require the same level of engagement as collaboration does.
This is key here, just look at corporations and governments with their bureaucracy, the more engagement there is i.e. more people, the slower and less efficient things are done. Past a certain extent, collaboration becomes chunky and unfeasible. .
Collaboration Is Still Important And Needed
In a tech-driven world, where individuals are working remotely and digitally, collaboration is still important especially from a personal standpoint.Collaboration is not only about people working together to create something new (for example, a design), but also about them working together to creatively solve problems.
In business, collaboration generally happens because there is no clear system in place to help with coordination. That’s why creating systems are necessary in business, they help in scaling faster and more efficiently. The first step to figuring out how to make a system more efficient is to know what you want it to do.
Collaboration involves solving complex problems together through joint efforts over a long period of time and requires trust between parties involved in the process. Collaboration relies on strong interpersonal relationships that are built up over time between individuals or groups working towards shared goals.
In short: collaboration is more about people than technology.
Coordination And Smart Contracts
In a world where the processes of getting things done are increasingly automated, coordination can mostly be achieved through new technologies such as smart contracts.Smart contracts are computer protocols that can be used to create trustless systems. They allow for autonomous execution of agreements in a predictable way without having to go through a third party.
For example, if you need to buy something from Amazon and the two parties agree on price and delivery date (all parameters), then you could use smart contracts to automate this process.
You could even set up rules so that if there's any deviation from these parameters, they'll cancel the deal at once by triggering an escrow release function which will return funds back into your account automatically.
Coordination Is Faster And More Efficient Than Collaboration
One of the ways coordination can be made possible is through new technologies such as smart contracts, which have also been used to coordinate outcomes in financial markets. For example, smart contracts allow for coordination between buyers and sellers without intermediaries to verify transactions.This reduces costs associated with using an intermediary because it is no longer necessary for transactions to go through a third party before being executed (i.e., buying/selling).
Coordination has become increasingly important in our tech-driven world because we now have so many tools available for us at our fingertips that allow us to automate many aspects of our lives—and these tools help optimize processes such as workflows or supply chains by reducing the amount of time needed before tasks get done (or even just making sure they get done). With collaboration, this will be quite hard to achieve
Conclusion
Since coordination has to deal with tech and we live in a tech-driven world, it’s obvious that coordination will reign over collaboration, right? However, it’s through collaboration that we build the systems that help us coordinate. Remember, technology is a tool. So coordination is a tool within a tool. Albeit, a much needed tool in this tech age.
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