How can companies ensure that interdepartmental meetings effectively promote cross-functional collaboration and innovation, ultimately driving competitive advantage in the market?

Companies can ensure that interdepartmental meetings effectively promote cross-functional collaboration and innovation by setting clear objectives and agendas for each meeting. They should also encourage open communication and active participation from all departments involved. Additionally, companies can foster a culture of collaboration by recognizing and rewarding cross-functional teamwork. By facilitating regular communication and knowledge sharing between departments, companies can leverage diverse perspectives and expertise to drive competitive advantage in the market.