Importance Of Teamwork At Work: 6 Solid Benefits - Vantage ...

Teamwork promotes maximizing the sharing of knowledge and ideas. It, in turn, helps individual team members to learn new skills and gain a ... LiveWebinarAlert:9GlobalInfluencerswillguideHRsandCXOstomaketheirWorkplaceCultureFutureReady! BookYourSeat + Bookmarks Youhaven'tyetsavedanybookmarks.Tobookmarkapost,justclick. Menu Home Solutions VantageRewards VantagePerks VantageFit VantagePulse Pricing Partners Resources Blog Social Menu Solutions VantageRewards VantagePerks VantageFit VantagePulse Tarification Clients Partenaires Social Menu Home Solutions VantageRewards VantagePerks VantageFit VantagePulse Pricing Partners Resources Blog Social Menu Lösungen VantageRewards VantagePerks VantageFit VantagePulse Preis Kunden Socios Social Home Blog TeamBuilding ImportanceOfTeamwork:6GreatestBenefits ImportanceOfTeamwork:6GreatestBenefits TeamBuilding 5minread LastUpdatedon15June2021 Effectiveteamworkiswhatrunsabusiness.Whenpeoplecansuccessfullycollaborate,theresultsareoftenfarsuperiortothatofapersonworkingalone.Itiswhywehighlyadvocatetheimportanceofteamworkintheworkplace. So,preciselywhatistheimportanceofteamwork? Theimportanceofteamworkintheworkplaceisdemonstratedbythefeelingsofunity,collaboration,andmotivation.Aneffectiveteamworksasacollectiveunitbyutilizingtheskillsandtalentsofeachteammembertosupportandachieveacommongoal. Insimpleterms,teamworkiswhenpeoplecombineindividualskillsetstoproduceamazingoutcomes. Lookbackatsomeofthegreatestthingsaccomplished,andyou’llfindthatagoodteamwasbehindit. It’snotamystery.Effectiveteamswillinfluencestrongworkingrelationships,whichinturnwillpromotebetterresults. That’swhywewanttohighlightwhyteamworkisvitalthroughthesesixbenefitsthatitoffers.Let’stakealook: WhatEveryoneShouldKnowAboutTheImportanceOfTeamwork (Source:Unsplash) 1.BringsFreshIdeasToTheTable Aloneemployeecanonlythinkfromtheperspectivehehasgrownaccustomedto.However,addsomenewteammemberstothemixture,andyougetdifferentviewpointstosolveacommonproblem. Teamworkpromotesmaximizingthesharingofknowledgeandideas.It,inturn,helpsindividualteammemberstolearnnewskillsandgainabetterexperience. AMcKinseystudyfoundthatteamsofdiversebackgrounds(gender,age,ethnicity,etc.)aremorecreativeandperformbetterbyupto35percent. Insteadoflookingatanissuefromyourviewpoint,yougettounderstandtheoverallpicture.Thisleadstoanexponentialincreaseinnewideas. Additionally,whenpeopleworkalone,theenthusiasmtoinnovatemaydwindlealongtheway.However,whenyou’repartofateam,thesenseofcollaborationandaccountabilitymakesemployeesconsistentlybringforththeirbestwork. RecommendedArticle:ListOfBestIcebreakerQuestionsForWork 2.CombinesIndividualSkillSets Inanemployees’work-life,hewillshineinsomeareaswhereasfallshortonothers.However,anotheremployeemayexcelinthatverysameskillset. Often,toworktogetherasateammeanstorelyoneachothertobringyourindividualstrengthstothegroup. Acapableteamisnothingmorethanagroupofpeoplewhocomplementseachdifferentskillsets.Whileoneteammembermightbesuperiorincreativity,anothermightbeexcellentingoalsetting. Employeesoftenhaveblindspotsabouttheirstrengthsandweaknesses.Whenemployeesworktogetherasateam,theybecomemoreawareoftheirbehaviors.Additionally,effectiveteamworkpromotesdiscoveringnewskillsetsyoucanhone.Forexample,youmightbeanexcellentcommunicatorbutneverutilizedituntilyoubecamepartoftheteam. RecommendedArticle:AmazingTeamBuildingActivitiesYourEmployeesWillLove 3.LesserWork-LifeInducedStress 94%ofAmericanworkersreportexperiencingstressattheirworkplace. -Wrike Stressisasilentkiller.Therepercussionsofhavingastressfulworkingenvironmentarehuge.Notonlywillitaffectyourproductivitybutalsoyourphysicalhealthtoo. Manystudiesshowapositiveimpactonstressthroughcollaboration.Let’slookatthesurveyaimedatschoolteachers: Teacherswhocollaborateoftenreporthigherlevelsofjobsatisfaction,increasedconfidenceintheirabilities,andahigherfeelingofvalue.(Barshay2014) Teachercollaborationalsoreducesthesenseofisolation.Itcanreducetheworkloadbycombingresourcesandfocusingoncommongoals.(HanoverResearch2015) Beingpartofateamassiststheteammemberstonotonlysharetheirworkloadbutalsotoinspireeachother.Connectingwithotherteammemberscanbroadlyimpactthelevelsofstress. Itisbecauseemployeesworkbetterbyunitingwithcoworkerswhocansharetheirdifficultiesandoffersolutions. RecommendedArticle:BestWaysToAchieveWork-LifeBalance 4.TeamworkPromotesTakingRisks Asoloemployeefeelsbetteraboutstickingtosaferoptions.Whilehemightplaybytherules,buthissenseofinnovationwillmostlikelysuffer. However,uponbeingpartofagoodteam,anemployeefeelsmoreconfidentandsecuretotakethesaidrisks.Whenpeopleworkwithinaneffectiveteam,theyknowthattheyhavethenecessarybrainpowertolookfordifferentsolutions.Itenablespeopletothinkoutsidetheboxandcomeupwithfreshideasandinnovations. Subsequently,agoodteampromotestrustWhentheteamworksasajointunit,theyaremorelikelytotakebolderdecisionsanddisplaybetterproductivity.Itfurtherenablesteammemberstogrow,bothindividuallyandprofessionally. RecommendedArticle:CreativityAtWork 5.PeerRecognitionMakesThemGoTheExtraMile Peer-to-peerrecognitionis35.7%morelikelytohaveapositiveimpactonfinancialresultsthanmanager-onlyrecognition. -SHRM Thispointcansimplyexplaintheimportanceofteamwork.Weall,atsomepoint,wanttofeelacceptedbyourpeers. Gettingappreciationfromyourpeersisveryimportantintheworkplace.However,wegreatlyoverlookitseffectivenessinengagingemployees.Anindividualworkingalonewillnotonlyfeeldemotivatedbutalsounderappreciatedwithoutthenecessarypeerconnection. Gettingproperrespectandrecognitionfromfellowteammembersisasignificantwaytomakeyouremployeesgotheextramile. RecommendedArticle:RoleofHealthyPeerRelationshipsatWork 6.EmployeeRetention 54%ofemployeessayastrongsenseofcommunity(greatcoworkers,celebratingmilestones,asharedmission)keptthematacompanylongerthanwasintheirbestinterest. Topperformersrequireachallengingworkingenvironmenttodevelopandadvance.Forsuchemployees,theirworkexperiencetakesprecedence.Beingpartofateamwheretheycancollaborateandlearnwithotherteammembersseemstobeastrongmotivator. Whenemployeesfeelcamaraderiewiththeirpeers,theyaremorelikelytostayloyaltoanorganization. RecommendedArticle:BestEmployeeRetentionStrategies Finally:TheImportanceOfTeamworkisinItsEffectiveness Theimportanceofteamworkgoesfarbeyondthescopeofthisarticle.Agoodteam,justlikeSteveJobsandSteveWozniak,knowshowtocollaboratetogethertocreatesomethingunique.Ifyou’renotinvestingindevelopingyourteams,Ihighlyrecommendstartingnow. Finally,whichbenefitmanagestobesthighlighttheimportanceofteamwork?Tellusinthecommentsbelow. RecommendedArticle:6ProvenTypesofTeam-BuildingEveryCompanyMustExplore ThisarticleiswrittenbyBarashaMedhiwhoisapartofthemarketingteamatVantageCircle.BarashacanbefoundeithersearchingforinterestingHRbuzzwordstowriteaboutorlookingatpicturesofcozyBelAirmansions.Foranyrelatedqueries,[email protected]. Sharethisarticle Employeerecognitionnowmadeeasy! Toautomate,simplifyandstreamlinealltypesofrecognitionandrewardsintooneeasy-to-managesystem. Learnmore Joinournetworkof1M+HRProfessionals GetExclusiveHRcontentdeliveredrightintoyourinbox! WesafeguardyourpersonalinformationinaccordancewithourPrivacyPolicy Youmightalsolike TeamBuilding 32FunZoomIcebreakersYouShouldDefinitelyTryIn2021 Acomprehensivelistofeasy,quick,andfunZoomicebreakersthateveryremoteteamneedsin2021. Readmore TeamBuilding TypesofTeamBuildingEveryCompanyMustExplore Differenttypesofteambuildingforeverycompany.Activity-based,Communication-based,Value-based,Personalitybased,Skills-based,andProblem-solvingbased. Readmore TeamBuilding ShouldYouMakeFriendsAtWork? It'sverynaturaltolookforfriendsatwork,andit'snecessaryforprofessionalsuccess.Herearesomeideas/rulesofmakingfriendsatworkthatwemustconsider. Readmore TheUltimateGuidetoEmployeeRewardsandRecognition Findouthowtoshapeaculturethatattracts,engages,andretainsyourtopemployees. 5k+Downloads byHRprofessionalsacrosstheglobe!