5 Impact of Team Work to Company's Growth

The ability to simultaneously perform as an individual and in line with your employees is key to attaining growth and success. Being a master of one or a jack-of-all-trades in today’s world does not guarantee success either, especially if you are unable to work as part of a team.

In essence, teamwork is extremely important in order to accomplish the overall objectives and goals of an organization. However, let’s break it into specifics:

1.It helps foster unity in the workplace

Teamwork promotes an atmosphere that fosters friendship and loyalty. This close-knit type of ambiance motivate employees and aligns them for hard work, co-operation and kindness towards each other. Since Individuals possess diverse talents, weaknesses, communication skills, strengths and habits Therefore, when a teamwork environment is not encouraged this can pose many challenges towards achieving the overall goals and objectives. This creates an environment where employees become self-absorbed in promoting their own achievements and competing against their fellow colleagues. Ultimately, this can lead to an unhealthy and inefficient working environment.

2.It offers differing perspectives and feedback

When a number of people come together to work on a project or task, it goes without saying that they cannot all have the same opinions. Teamwork allows for diversity in thought, creativity, perspectives, opportunities and problem solving approaches. Being a part of a team allows individuals to brainstorm collectively, which in turn increases their chances at arriving at solutions more efficiently and effectively. Sharing differing opinions and experiences strengthens accountability and can help make effective decisions faster, than when done alone. It also increases instantaneous feedback and allows for stages of designing, planning and implementation to be done almost immediately.

3.It improves efficiency and productivity

When working as a team, employees become more efficient and productive as it allows the workload to be shared, reduces the pressure on individuals, ensures tasks are completed within a set time frame, allows goals to be more attainable, enhances the optimization of performance, improves job satisfaction and increases work pace. Ultimately, when a group of individuals work in tandem, compared to one person working alone, they promote a more efficient work output and are able to complete tasks faster due to many minds being intertwined on the same goals and objectives of the business.

4.It provides learning opportunities

Working in a team enables individuals to learn from one another’s mistakes. They are able to avoid future errors, gain insight from differing perspectives, and learn new concepts from more experienced colleagues. In addition, individuals can expand their skill sets, discover fresh ideas from newer colleagues and therefore ascertain more effective approaches and solutions towards the tasks at hand. This active engagement generates the future articulation, encouragement and innovative capacity to problem solving and generating ideas more effectively and efficiently.

5.Promotes workplace synergy

Mutual support, shared goals, cooperation and encouragement provides workplace synergy. With this, team members are able to feel a greater sense of accomplishment, are collectively responsible for outcomes achieved and feed individuals with the incentive to perform at higher levels. When team members are aware of their own responsibilities and roles, as well as the significance of their output being relied upon by the rest of their team, team members will be driven to share the same vision, values and goals. The result creates a workplace environment based on fellowship, trust, support, respect and cooperation.

The inability to effectively work as a team can impede on the success of developing, formulating and implementing new and innovative ideas as well as limit the efficiency and effectiveness of a growing or established company.

The synergy of individuals is a powerful and potent instrument; don’t be misled by the idea that working in isolation brings glory. Working in solitude may bring about bouts of stardom, however, it will not necessarily make you a regular winner!

In the event that you have issues working on your team, or your concern is with your team lead, don’t hesitate to mention it in the comments, our in-house career coach is ever ready to help.                                                                    -(Credit: Nairaland)