Knowing your competition is crucial to business success. For example, while many companies represent direct competition, especially in local markets, they might also represent positive growth opportunities. Due to overlap, competitors might turn into allies that have similar skill sets, resources or expertise you need to build local relationships and drive further growth. To help you leverage these partnerships and expand reach, we asked experts from the Forbes San Francisco Business Council to share insight on competition collaboration. That makes for both a healthy dose of talent competition as well as a valuable “ecosystem” as such.

Source: Forbes April 18, 2019 12:11 UTC