8 Reasons Team Building Is One of The Best Investments You Can Make

Posted by Jake Mandel on Jul, 31, 2019

As a manager, you want a team that is productive, efficient and motivated. You want to improve morale and you want to minimize turnover.

One of the best ways to reap all of these rewards and more is to invest in corporate team building events. Don’t believe us? Here are just eight of the many ways that a team building experience can help improve your business operations and talent management.

1 - It builds loyalty

Investing in your team shows that your organization values the skills that your employees bring, and that you’re willing to give back to them for their hard work. Not only does this help to boost team morale, but it also encourages loyalty from your employees.

If you are willing to put the time into developing your staff and celebrate the hard work they do during the week, then they are more likely to invest their time back into your business.

2 - It identifies roles

Every member of your team has a role to play but sometimes they are unable to play their part. Maybe they feel overpowered by someone with a bigger personality, perhaps they are unable to put their thoughts into words, or maybe they don’t have confidence in themselves.

Whatever the reason may be, team building activities have a way of highlighting each team members strengths so that they are put in a role (and a team) where they can be successful, maximizing their productivity and efficiency.

3 - It improves communication at all levels

Many companies suffer from communication difficulties, which can often lead to strained working relationships, less productive staff and lower quality work. A team building day is the perfect solution and will create better communication across all levels of your business.

Staff, managers, teams and different departments will learn to work with each other in a more collaborative way, and employees who may not frequently come into contact with each other will be able to connect on a more personal level.

4 - It reduces conflict

The improved communication that comes with a team building event also helps to lower the possibility of conflicts within the office. Conflict is natural in some workplace situations but organizing a business-wide bonding event will allow groups that don't always see eye-to-eye the chance to get to know each other better.

Working towards a singular goal, whether it be Bonding for a Cause or a winning a classic game show event, will help to develop inter-team relationships and reduce conflict.

5 - It develops confidence

Having confidence in yourself, and others, is another critical aspect of working as a team. You need to be able to trust all of your team members to do their part.

Team building can help strengthen confidence in yourself and others. By asking your employees and colleagues to work together in a more relaxed environment, they can demonstrate their strengths and weaknesses, allowing themselves and others to become more confident in their abilities.

6 - It nurtures friendly competition

Friendly competition is a big part of being successful - it helps us push each other to greatness. The problem is that sometimes our competitiveness and need for success in a corporate environment can cause us to inadvertently undermine or overshadow those around us.

By participating in a team building activity in a comfortable, relaxed and professional environment, where the competition is inherently friendly, your team members can take the time to get to know one another and appreciate each other for their unique contributions to the group.

7 - It highlights leadership qualities

Every team needs some form of leadership to help keep them focused but recognizing leadership qualities in a corporate environment, where corporate culture, rules, job descriptions and titles sometimes outshine individuals, can be difficult.

Participating in structured team building activities, can make it easier to identify leadership qualities in individuals. It can even help members of the team uncover characteristics they didn’t know they had.

8 - It improves staff retention

A team building event will help develop a workplace environment that employees can actively enjoy, while also helping to create bonds between individuals and the organization. As a result, employees will be passionate about coming to work each morning, and your company will be able to retain the best talent within your industry.

At the end of the day, your goal is success and the people you work with play a big part in your company being able to achieve that. Taking the time to improve communication, build confidence, garner respect and nurture relationships can ensure your human resources are as productive, efficient and happy as possible.

To start organizing your next team building event so that you can start enjoying these benefits, contact us today!

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Tags: Benefits to Team Building