When the goals and vision are clear with strategies with strong team spirit, collaboration with supporting department is cake walk. Transparency and openness makes people to come together and support.. Brainstorming sessions, clarity in delivery of objective and reasoning with skills attracts like minded people who really cares for the growth and ready to grow together. Identify the appreciate the novel ideas and suggestions. Acknowledging each contributors strengthens the way towards achieving the milestones.

Team practices to establish a culture of integrity & mitigate the risks associated with conflicts of interest: - Establish clear policies & procedures: Your team should outline and communicate what constitutes a conflict of interest. - Choose the correct conflict management style: It’s imperative to choose the right style to match each situation’s requirements and severity. - Encourage disclosure: This can be done through training sessions, regular reminders and providing a safe and confidential mechanism for reporting. - Evaluate potential conflicts fairly and consistently: Evaluate the severity of the conflict and its possible impact on the organization. - Develop a mitigation plan - Monitor compliance - Create a culture of integrity

To manage conflicts of interest effectively in an R&D collaboration, establish clear guidelines from the outset. Implement transparency by disclosing any potential conflicts, setting up a neutral third party to review and mediate disputes, and ensuring all stakeholders have equal access to information. Regular communication, clear contracts, and well-defined roles also help in minimizing misunderstandings and maintaining fairness throughout the initiative. This ensures trust and alignment of all parties.