CASE SOLUTION FOR INNOVATION AND COLLABORATION AT MERRILL LYNCH

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Complete Case details are given below :

Case Name :      Innovation and Collaboration at Merrill Lynch
Authors :           Boris Groysberg, Ingrid Vargas
Discipline :        Organizational Behavior
Case Length :    26 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)

Description for case is given below :
In the spring of 2005, Candace Browning, head of Global Securities Research and Economics at Merrill Lynch, led about 500 Merrill Lynch analysts worldwide in a collaborative effort to produce innovative research, most of them accustomed to working independently in their own regions and areas of expertise. Less than five years earlier, research analysts had expressed little or no interest in group efforts. By 2005, many analysts who had been assigned to work on collaborative projects indicated increased learning and a willingness to work in teams again. Some analysts themselves chose to work together. Whereas Merrill had come a long way, some analysts remained skeptical. Managers also questioned whether all types of collaboration were worth the significant efforts required. Browning had to consider the issues involved, the feedback received, and the industry itself and devise a strategy moving forward.

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