For a business to be truly successful everyone on the staff needs to buy into the company vision and pulling in the same direction. That requires team building. Team building is typically what separates industry leaders from the rest. In this post, the team at JMF Associates look at 7 of the most important benefits of team building.

First Things First: What is Team Building?

Team building means acquainting the various members of your staff with one another. In the absence of team building, employees will tend to look at each other as rivals. Team building is a way of making them see that by working together they help each other become better, more productive, more valuable workers. 

7 Important Benefits of Team Building

Benefit 1: More Effective Communication

Anyone who has ever held a managerial position understands how important effective communications are. Team building events that take place outside the confines of the office are a great way to break the ice between staff members and help them get to know, understand and trust one another.

Benefit 2: Enhanced Productivity

Greater trust, understanding and communication within the office reduces errors and facilitates cooperation. When staff members feel a bond with other staff members they are more likely to apply themselves to their work day in and day out.

Benefit 3: Greater Loyalty

Team building is a two-way street. During team building events managers need to reach out to staff members just as surely as staff members need to reach out to one another. Industry studies clearly show that workers who feel appreciated by the companies they work for will work harder and be more loyal. If they don’t feel appreciated, the only thing they might help each other with is finding another job. 

Benefit 4: A More Nimble, Creative Team

Problem-solving is rarely a linear exercise. It often calls for creative thinking and innovative solutions. When staff members work on a problem together there is a much greater chance of a creative solution emerging from their combined effort than if a single person is charged with solving the problem.

Benefit 5: More Confidence 

Confident workers typically do a better job than those who second-guess themselves. As staff members gain experience solving problems, meeting deadlines and earning the praise of managers they’ll experience a confidence boost that will lift everyone around them. 

Benefit 5: Fewer Sick Days

Those same industry studies that show employees who feel appreciated are more loyal also show that happy workers who feel they are an important part of something take fewer sick days. This is another factor that leads to greater overall productivity.

Benefit 6: Preventing Problems 

Being able to solve problems quicker and more effectively because of teamwork is a great thing. But an even greater thing is being able to prevent those problems from occurring in the first place. Enhanced communication and trust can create an environment where team members watch out for each other and help one another avoid mistakes.

Benefit 7: Helping to Identify Leaders

For the future health of the business, it is incumbent upon company leaders to observe team dynamics and recognise who the natural leaders are. No matter how tightly knit a team is there will be leaders and role players. Identifying leaders will be useful later on when managerial positions need filling.

Remember, in order to build an effective team you need to hire the right individuals. For finance, accountancy and bookkeeping recruitment services that are a cut above trust the experts at JMF Associates. Give us a call at 020 8663 6699 or send an email to team@jmfassociates.co.uk.