Despite all the benefits of collaboration, it can quickly devolve into useless debate that doesn't get you anywhere. The Globe and Mail recommends limiting those big decisions to three people or less.
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The fewer people are involved the less time you'll end up wasting:
Use the rule of three. Keep major decisions to three or fewer people. The more people involved the longer it takes to come to a consensus. Small teams coordinate and make decisions, while big ones quibble and form committees.
The Globe and Mail also points out that meetings can be toxic to productivity, particularly if you do a bad job of sticking to the meeting's agenda. You don't want to undermine your coworkers by making every decision without them, but sometimes things need to be decided quickly in order to move forward. It's up to you to decide when that is. Hit the link for 10 more productivity tips for working with teams.