The success of your business - whether you are a small, medium or large organization - relies on the communication, productivity and morale of your employees.
With this in mind, it’s likely that you have been weighing up the pros and cons of whether your company should invest in a corporate team building program. This is no easy task, especially if you have to convince stakeholders that it’s the right way to spend company money.
Corporate team building events, however, are truly beneficial for your organization. They lead to fully-engaged employees, improved productivity, better collaboration, reduced absenteeism, stronger team relationships and a plethora of other benefits.
Here’s why team building events work:
To give you an idea of just how beneficial team building events are for your business, Teambonders has compiled some key research below:
- 39 percent of surveyed employees believe that people in their own organization do not collaborate enough (Visix.com).
- 33 percent of millennials want collaborative workspaces (Mercer).
- 86 percent of employees and executives cite lack of collaboration or ineffective communication for workplace failures (Salesforce).
- 97 percent of employees and executives believe lack of alignment within a team impacts the outcome of a task or project (McKinsey).
- 33 percent of employees say the ability to collaborate makes them more loyal (The Economist).
What benefits will your company realize from a corporate team building event?
There’s a huge range of benefits that your company will realize from hosting a team building event for its employees. Here are just a few of those benefits:
1 - Improves communication
Inter-office communication is crucial for the success of your business. It drives creativity, improves teamwork, encourages quiet employees with good ideas to speak up and helps to boost team problem-solving skills.
By working together in a corporate team building setting, employees will take those skills with them back into the office - improving how they communicate with each other.
2 - Team building inspires critical thinking
It’s so easy to get stuck in the routine of our jobs. Employees, management and executives can easily become bogged down in their daily tasks, so much so that they forget about the importance of creative thinking.
The flow of new ideas, however, is essential for the growth of your business. By putting employees in team building exercises that require strategic thinking, you’ll get them into the habit of thinking outside the box and putting new ideas forward. This will only help to drive your business into the future.
3 - Improves employee morale
Employees that feel like they aren’t getting anything back from their employers are likely to feel unmotivated and unhappy at work. This takes a serious toll on how productive, efficient and how well they perform in their job.
By investing in your team and showing them that you care, you’ll significantly improve employee morale. Team members will know that they matter to your company, and as a result they’ll work harder to make a difference and be proud of their achievements.
4 - Team events create closer peer relationships
The very concept of different roles and different departments within your organization can easily create silos. Why should a member of the accounting team speak to a member of sales, or vice versa - it can often feel like this communication only serves to distract them from their job.
The entirety of your team should be comfortable speaking to each other, because improved communication within the office will end in better decision making. By bringing your entire company together, you’ll increase trust and unity within your team - helping your entire organization to work towards achieving the same goal.
Are you looking for more information on team building, or would like to plan an event to meet your company’s unique needs? Contact our team of experts today. We would love to answer any questions you have.
