How can companies effectively incentivize employees to actively participate in cross-departmental collaboration and idea-sharing initiatives?

Companies can effectively incentivize employees to actively participate in cross-departmental collaboration and idea-sharing initiatives by implementing rewards and recognition programs. This can include monetary bonuses, promotions, or public recognition for successful collaborations. Providing opportunities for professional development and skill-building through these initiatives can also motivate employees to participate. Additionally, fostering a culture of open communication, trust, and teamwork within the organization can encourage employees to engage in collaborative efforts.