Yes, we all know that happy employees perform better as individuals. But most people are still unsure of the role of teamwork in the productivity conundrum.
We have collated 9 of our favourite statistics around teamwork and its impact on business results.
86% of employees and executives cite lack of collaboration or ineffective communication for workplace failures.
Over half of employees say a strong sense of community kept them at a company longer than what was in their best interests.
Companies that communicate more effectively are 4.5 times more likely to retain the best employees.
Employees who acted collaboratively stuck at their tasks 64% longer than their solitary peers, whilst also reporting higher engagement levels, lower fatigue levels and higher success rates.
Knowledge workers spend an average of 14% of their workweek communicating and collaborating internally.
This year, millennials will make up 35% of the global workforce, and 33% of them want collaborative workspaces.
27% of employees who plan to leave within the first year cite feeling “disconnected” from the organisation.
According to a survey by Alfresco of more than 750 professionals, 83% of them depend on technology to collaborate.
Workplace collaboration can increase successful innovation by 15%.
At Biz Group we have made it our mission to help organisations develop their people performance and build high-performing teams based on effective communication, trust and leadership styles that foster happy cultures.