Importance of Teamwork in Organizations

Importance of Teamwork in Organizations

by Bob Kelly, Demand Media

Teamwork in an organization increases efficiency and productivity.

Teamwork in an organization increases efficiency and productivity.

According to HR Bible, one of the most popular myths about teamwork is that the skills of team members are more important than their energy, interest and drive for the tasks. Another popular myth is that members are not individually responsible for the successes or failures of their teams. The truth is that individuals are the smallest units within their teams and that their personal abilities affect various outcomes in their teams. Teams often arise when employees come together to accomplish a common goal. Teamwork within the workplace not only benefits your workers but also significantly affects in your business.

 

Work Efficiency

Teamwork enables you to accomplish tasks faster and more efficiently than tackling projects individually. Cooperating together on various tasks reduces workloads for all employees by enabling them to share responsibilities or ideas. Teamwork also reduces the work pressure on every worker, which allows him to be thorough in the completion of the assigned roles. In sharing ideas or responsibilities, every employee should have a role that suits his specialization. You should also consider employees’ levels of interest in the project at hand, which positively influences the efficiency or speed of their output in accomplishing the task.

Improved Employee Relations

Teamwork is important in an organization because it provides employees with an opportunity to bond with one another, which improves relations among them. Workers who constitute a team working on a project often feel valued upon the successful completion of such tasks. A situation in which all of them find a chance to contribute towards the tasks improves relations within the team and enhances their respect for each other. Improved employee relations also result from the fact that teamwork enhances cohesion among members, thanks to increased trust among them.

Increased Accountability

Teamwork increases the accountability of every member of the team, especially when working under people who command a lot of respect within the business. Team members do not want to let each other down and hence do their best to contribute to the successes of their teams. In contrast to working solo on a project, peer pressure is usually high within teams such that cases of low morale are less likely to impact individuals. As a business owner, you would benefit from increased productivity through efficient team projects, which may be completed well ahead of the deadline.

Learning Opportunities

Cooperating on a project is an opportunity for new workers to learn from more experienced employees. Teams often consist of members who differ from one another in terms of skills or talents. Working together is a great opportunity to acquire skills that an employee never had beforehand. Unlike working alone on a project, teamwork affords people the opportunity to challenge the ideas of each other and come up with a compromise solution that contributes to the successful completion of the task.

3 Tips for Newbie Entrepreneurs on Starting a Business

Q: I have a business that I’d like to get off the ground. Where do I start if I have no experience?

A: First and foremost, congratulations on taking the leap! It’s scary, rewarding and fun to strike out on your own.

In terms of advice about how to get your business off the ground with little experience, I suggest these tips:

1. Write a business plan.
Some say you don’t need a business plan. I disagree. Instead, I highly recommend writing one. You don’t know the unknowns until you try to answer all the questions that will come up when you are filling one out. You don’t need to go out and buy expensive business plan software. There are plenty available to download for free. Just do a simple Google search to see what is available and choose a template that will suit your needs.

When I hit some roadblocks writing my business plan, I turned to SCORE, a national organization of retired executives. Because of their experience, they were able to answer questions and help with projections. Three years later, I still utilize SCORE and reach out to them when I have issues.

If the business plan intimidates you, at a bare minimum you should do a profit and loss statement. Once completed you will have a better understanding of the future of your business and if it makes sense. It’s pretty simple: If the numbers don’t work, don’t do it.

Related: 3 Tips for Handling Startup Hiccups

2. Invest in your website.
In today’s world, your website is your calling card, and it’s important to put time and effort into it. Too often, I see new startups put something up as a placeholder and then never get around to making it solid.

Don’t make this mistake. In fact, it’s easy to avoid making itA startup can now create a quality website on a budget. A lot of people know someone who builds websites, so tap your contacts. Otherwise, you can reach out to students at a local college or look for out-of-the-box services like Shopify, which allow people to easily tweak website templates.

If you want your site to look top-notch, I suggest you use a professional. Yes, it can be expensive, but it is your brand. If you learn some basic skills you can do a lot of the updating yourself.

Related: 5 Ways to Validate Your Business Idea

3. Get out there and meet people.
When you don’t know where to start, the best thing you can do is ask others who are in your industry. Meet, talk and collaborate with people doing similar things to what you want to do.

Before I opened my co-working space, I visited more than twenty co-working spaces across the U.S. and chatted with a bunch more over the phone. I read every single website that had anything to do with co-working spaces and found a priceless Google group. I was really surprised how open others were with sharing their knowledge and insight. I found that most business owners support each other and are happy to pay it forward.  If you put yourself out there, others will help lift you up.

Refreshing the Famous 90/10 Principle

Refreshing the Famous 90/10 Principle

The 90/10 Principle says, “10% of life is made up of what happens to you. 90% of life is decided by how you react.”

What does this mean?
We really have no control over 10% of what happens to us. We cannot stop the car from breaking down. A driver may cut us off in traffic. We have no control over this 10%. You determine the other 90%. How? By your reaction.
You cannot control a red light, but you can control your reaction. Don’t let people fool you; YOU can control how you react.

Let’s use an example.
You are eating breakfast with your family. Your daughter knocks over a cup of milk onto your business shirt. You have no control over what just happened. What happens next will be determined by how you react. You curse. You harshly scold your daughter. She breaks down in tears. After scolding her, you turn to your wife and criticize her for placing the cup too close to the edge of the table. You storm upstairs and change your shirt. Back downstairs, you find your daughter has been too busy crying to finish breakfast and get ready for school. She misses the bus. You rush to the car and drive your daughter to school. After a 15-minute delay you arrive at school. After arriving at the office 20 minutes late, you find you forgot your briefcase. When you arrive home, you find small wedge in your relationship with your wife and daughter.

Why? Because of how you reacted in the morning. Why did you have a bad day?
A) Did the cup of hot milk cause it?

B)Did your daughter cause it?
C) Did you cause it?
The answer is C

You really do not have any control over 10% of what happens. The other 90% was determined by your reaction. A wrong reaction could result in losing a friend, getting stressed out etc.

The 90-10 principle is incredible. Very few know and apply this principle. The result? Millions of people are suffering from undeserved stress, trials, problems and heartache. Next time you react to any situation, remember the 90-10 principle.