Team Building Strategies That Increase Profits

Team building, most of the time, gets a bad rap. You may have noticed that when a new team building event is announced, people are less than thrilled.  When team building comes to mind, people think of awkward icebreakers, trust falls, or company outings.

Despite its bad reputation, team building is one of the most important things a company can do. It builds trust, encourages communication, and increases collaboration. Effective team building means more engaged employees, which is good for the company culture and morale.

Before you plan your next team-building activity, consider these alternative strategies to enhance and improve the relationships among your employees.

It doesn’t have to be expensive

Good news for employers, team building doesn’t have to cost a lot of money. Focusing on local and inexpensive experiences can be just as effective as an expensive trip or lunch. At the same time, team building is an investment for your company. Spending money on team building activities is important for the growth and development of your team.

Keep a positive attitude

Your team looks up to its leader. So, whatever you decide to do, do it with a smile. Don’t let negativity seep in or your team will follow suit. Similarly, keep the positivity after the team building activity as well! Most team building exercises fall flat because it’s a one-time activity. One way to do this is with a company huddle to check in on progress and celebrate achievements.

Develop professional relationships

The point of these activities is to foster professional relationships. Teams that engage professionally will work together and achieve company goals. Spending time together, sharing an experience or working towards a common goal allows bonding to happen more organically and far more effectively.

 

Want to know more about HR practices? Read our related article about successful onboarding.

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