Explain the significance of the silo effect in the running of a business. In your answer, suggest ways that a senior management team might reduce the silo effect and its impacts.

Explain the significance of the silo effect in the running of a business. In your answer, suggest ways that a senior management team might reduce the silo effect and its impacts. To receive credit, your posting must be at least 75 words, in clear, well-written English, and must effectively address the question asked.