How can companies effectively measure the success and impact of cross-departmental collaboration initiatives, and what key metrics should be considered to ensure continuous improvement and alignment with organizational goals?

Key Metrics
Companies can effectively measure the success and impact of cross-departmental collaboration initiatives by setting clear objectives and key performance indicators (KPIs) that align with organizational goals. Key metrics to consider include improved communication and information sharing between departments, increased efficiency in project delivery, enhanced creativity and innovation, and measurable improvements in overall business performance. Regular feedback and evaluation from team members and stakeholders can also help identify areas for improvement and ensure continuous alignment with organizational goals.