Why Teamwork is important in Business ?
Teamwork — Combined efforts of a group for a common cause, where every member trust each other enough, to surrender the ‘me’ for the ‘WE’ and the result is just amazing…!!
Mumbai Dabbawalas Together Everyone Achieves More
They are a group of people who are part of a delivery system that collects lunch boxes from the residences of workers in the late morning, delivers the lunches to the workplace and returns the empty boxes to the worker’s residence the same day by late afternoon. Every person in this team acts as a picker, sorter, transporter and deliver of tiffin boxes. There is nothing called my work or your work. It is all our work. It’s an epitome of Teamwork.
Defining Teamwork – It is an activity wherein different people or different groups come together to work towards a common goal/set of goals.
In today’s knowledge-based economy, which is so diverse, most of our jobs involve interacting with others that are not even in the same line of profession. The need for effective teamwork is critical for any business for its success.
Teamwork divides the task and multiplies the success. —
Working in a team increases work efficiency, improves communication, distributes workload and expedite idea generation. As Andrew Carnegie, a business magnate and philanthropist, says, “Teamwork is the fuel that allows common people to attain uncommon results.“
Behind every great product is a great team. The Blast Furnace at the Rourkela Steel Plant is an outstanding example of the teamwork of three Tata companies : Tata Projects, Danieli Corus and Tata Consulting Engineers. Based in different geographies, the companies came together to execute this challenging assignment.
Here are five definite benefits of Teamwork :
1] Results in Quality Output — Individuals learn from one another’s experiences and mistakes and can avoid future errors, gain insight from differing perspectives. They can expand their skills at job and ascertain more effective approaches and results towards the tasks at hand. Hence working well together in a group ensures quality output.
Steve Jobs created a history in communication world, after his comeback. Only because of his team of hard-working professionals and their abilities, Steve Jobs’s innovations reached the hands of so many people around the world.
2] Improved Efficiency and Productivity — Teamwork allows the workload to be shared, reduces the pressure on individuals and ensures tasks are completed within a set time frame. It also allows goals to be more attainable, enhances the optimization of performance, improves job satisfaction and increases work pace.
3] Offers Different Perspectives and Fosters Creativity — Working in a group as a team provides diversity of thoughts. Creativity thrives when people work together as a team. Working solo leads to monotonous ideas only. As you work together in a group, everybody’s knowledge and experience gets shared. Combining different perspectives from different members of the group, results in brainstorming solutions. Individual’s talents get magnified in a team. It encourages out of box thinking, that fosters creativity.
4] Promotes Synergy — There is goodwill and understanding between the members. Teamwork fosters friendship and loyalty. They work harder, cooperate and support each other as to achieve common goal/goals. The whole environment is based on fellowship, trust, support, respect and cooperation. This promotes synergy at workplace. Team members feel greater sense of accomplishment and are collectively responsible for outcome gained. It is one for all and all for one and the common goal is what drives them together.
5] Work in Unity and Harmony — Each individual possess diverse talents, weaknesses, communication skills, strengths, and habits. Therefore, when a teamwork environment is not encouraged, people become focused on promoting their own achievements and competing against their fellow colleagues. Ultimately it may face difficulties achieving the good results. When teamwork is propagated, the whole team has a same motive. So they work in unity and harmony towards their common objectives.
Business is a team sport. In order to accomplish the overall objectives and goals, Teamwork is important.
There would be no Ford Motor without groups of employees working together, as a team, to design, manufacture, market, and sell their products.