Employee turnover costs employers as much as 33 percent of the total annual salaries according to Forbes. These costs relate to the process of replacement of such vacant positions. With that much in stake, employers need to work around employee retention to minimize additional losses.
Employee retention calls for much more than salary adjustments. You ought to balance between taking care of your staff’s extrinsic needs and their extrinsic wants.
Are you wondering how best you can enhance employee satisfaction within your organization? Undertaking recurrent team building can solve half of your employee problems.
Could you be wondering, “What is the main purpose of team building?” Well, team building might be the only missing link in your path towards ensuring employee satisfaction.
Here we guide you on how team building can help your business flourish.
What Is Team Building?
Team building refers to a series of activities aimed at causing a group of people to work together towards achieving a common goal. These processes exist to promote cooperation.
Is your organization struggling to build social relations or to achieve collaborative tasks? Then team building can be a useful tool to help you get the job done.
What Is the Main Purpose of Team Building?
Most corporate leaders grapple with this question because they focus more on the cost implications than the benefits. The truth is that team building requires an additional outlay. However, the results are worth it in the end.
Companies consider team building as another fun activity that they include in the calendar to give their employees a “breather”. Such events are worth more than you might be crediting them for as a business. Here’re some of the benefits you can accrue as a business through team building.
Conflict Resolution
Some tensions within the organization don't require a tribunal. Sometimes your employees need a moment away from the busy and pensive environment.
This helps them to reconnect and mend strained relations. Such underlying tiffs may be resolved by merely pooling aggrieved staff in the same teams during outdoor activities.
Conducting recurrent team building events can be the key towards pushing for amicable conflict resolutions within the company without having to implore the punitive disciplinary systems.
Team Building Can Encourage Creativity
Team building can have a significant impact on the process of nurturing creativity and innovation in your company. If you have been facing resistance in the process of cultivating creativity, here’s your golden opportunity.
Most times, the internal work setting can lack the conduciveness necessary to nurture diverse minds. However, the moment you factor in team building activities within your calendar, you’ll soon realize how creative your employees can be.
Human beings tend to have a broader imagination when in a favorable environment. If you’re yearning for a more creative work setting, then it’s time to factor in team building.
Identifying Leaders
Human beings tend to adjust to a specific way of doing things just to fit into a particular context. This inherent factor can affect your ability to make an accurate judgment about their personalities.
However, the best way to evaluate your employees and their capacities would be in an open setting.
You can quickly notice employees who take charge of teams when competing in outdoor activities. Team building can also be a critical resource in identifying leaders based on the way they communicate, listen and even funnel important information. If you’re keen about identifying leaders within your organization, then you should schedule more team building events in your calendar.
To Improve Communication
Communication is at the center of any organization's success. You need to communicate your organizational goals, vision and objectives continually. Nonetheless, finding the right tone, context, and medium to communicate is not always easy.
Poor communication may be due to failures within the ranks and files in the organization. However, with a safe space within which your staff can have fun and interact, communication comes in naturally. Once your teams get used to spending more time in informal interactions, they learn to communicate better in more structured settings.
Problem- Solving
The process of team building requires players to analyze information, negotiate, cooperate and find solutions to situations. If you can manage to schedule such team-building events as often, you’ll soon realize how well your teams can handle conflicts.
You only need to take your employees through practical problems during team building, which require solutions. Soon enough, your employees will learn how to manage issues collectively. With team input and collaboration, resolving team problems can be a walk in the park.
Morale Boosting
Nothing affects your business more than low morale levels among your employees. You might need to devise a way to keep your employees motivated to achieve the set organizational goals. However, the formalities within modern organizations can lead to dwindling morale levels.
If you’re wondering how to make a team stronger, then it may be time to focus on boosting morale internally. This can be achievable by scheduling more team building activities for your groups. With such work-life balance initiatives, you'll have a vibrant and bubbly team of employees.
How Can You Ensure That Team Building Is Effective?
For team building to be effective, you need to focus on more than just investing the money. Team building bears more fruits when scheduled within working hours. The approach can help create the notion that you equally care about your employee’s welfare.
You also need to ensure that the team building process focuses on collaboration as opposed to competition. The tactic takes away the focus from winning to working in teams.
Finally, it’s not enough to organize such events within the organization’s precincts. Going offsite can help you overcome the familiarity surrounding your organization’s environment.
Team Building Is the Key to a Stronger Team
Your organization can do much better if you only focused more on your employees’ intrinsic needs. Investing in activities that can help your employees bond more is the first step towards building a more reliable team.
If you have been wondering, “What is the main purpose of team building?” Then this article explains why you need team building to nurture stronger teams within the organization. With these tips for stronger teams, you can now identify leaders and build a coherent and winning team.
