Home topics small-business-resources growing Growing Leadership Advice Managing Growing Collective intelligence: the power of smarter, quicker team thinking and the bottom line Guest Author September 4, 2015 When we think about the bottom line in business the immediate jump is fiscal performance – how much value do we have in terms of cold hard cash? What sort of reserves do we currently hold; what sort of profit margin do we have in place? Are we in the red, or the black? In a world business environment that is only growing more and more unstable, fast-paced and demanding there is more we need to consider when measuring success. The reality is this – the consumer can have what they want, when they want it, with a constant stream of new products, new apps, new concepts, and new information, that are downloadable, deliverable and easily digestible 24/7. Just because you were the best five minutes ago, doesn’t guarantee that you will be five minutes into the future. In fact, if you are serious about future-proofing your business, then you need to be ready to think outside the box of traditional success measures. Collective or collaborative intelligence on a commercial level is the new currency. Appreciating the value of an ‘Intellectual Bank’ and what it brings to your business is not just forward-thinking on a theoretical level, it’s a bottom line positive as well. As leaders, as colleagues, the opportunity to engage on a team level brings strategic power to an organisation or