23 April 2013

How team building builds on profitability



Photo by: aikaizen


HR expert Larry Bassi points out that investing in people (training) leads to lower employee turnover, thus higher customer satisfaction which in turn is a driver of profitability by upto 22%.

A team is a coordinated group of individuals organized to work together to achieve a common goal. Further, becoming a team is a process that takes time and is constantly evolving and changing, explains HR writers Beebe and Masterson. Team building has proved a major challenge in many organizations with a study by American Management Association indicating that, Getting people who have different agendas to work together is amongst the biggest obstacles facing leaders today. A similar survey by Watson Wyatt work study argues that companies whose employees understand the mission and goals enjoy greater return than other firms.

Team building activities has in ages been applied in employee development and cohesion. It is a prerequisite that every manager builds on a team that shares a common goal. According to Nestrom and Scannel in their book, “The Big Book of Team Building Games”, high performing teams usually exhibit an overall team purpose, mutual accountability, collective work products, shared leadership roles, high cohesiveness, collaboration in deciding task assignments and procedures, and collective assessment of their own success. It further explains that a team’s performance can always be improved by development of leadership skills and tools for running more effective team meetings.

In any team building activity, it is important to encourage team members to examine closely how they work together, have members come up with ideal ways of working together, explore gaps and weaknesses and eventually establish action plans for implementing more effective ways of cooperating and achieving a common goal.

Team builders are experts who understand best what a group needs after assessing and evaluating a group’s traits. They together with team leaders help the group learn about itself and come up with effective steps to aide their situation thus come up with solutions to their problems. The ability to transform skills acquired during an outdoor team building exercise to real work processes and success is key, Managers and supervisors are on top of the chain and oversea teams, provide direction, correction as well as manage performance towards accomplishing set targets.

Team-building exercises can be a powerful way to unite a group, develop strengths, and address weaknesses, but only if the exercises are planned and carried out strategically. In other words, there has to be a real purpose behind your decision to do the exercise; for example, improving the team's problem-solving or creativity skills and should never be because you felt like giving your people a nice day out of the office.



 
Photo by: raftinginkenya