I had set out enthusiastically collaboration efforts in the entertainment industry. We had planned to organize music related events worldwide. Unfortunately the collaboration effort did not succeed in one place but in other places it has achieved great success.
I would like to list out the reasons where I failed. It failed when expectations of both parties although clearly outlined at the start was not followed up and updated. As the project planning moved ahead, expectation management was left at the oral level and corporate principles of documenting conversations, making alterations to existing agreements was given a go by. Critical communication gaps emerged and the relationship tanked. It ended with rancor and distrust on both sides.
Where it succeeded was where we kept discussions at a purely professional level and did not let emotions get ahead of us. We are going strong on at this stage with our programs but it was a learning that I wanted to share with others.