THE IMPORTANCE OF TEAM WORK IN INTERNATIONAL

CORPORATIONS

“Coming together is a beginning. Keeping together is progress. Working together is success-Henry Ford.”

THE IMPORTANCE OF TEAM AND TEAM WORK IN INTERNATIONAL CORPORATION

Teams are formed when individuals with a common taste, preference, liking, and attitude come and work together for a common goal. Teams play a very important role in international corporation, as well as our personal lives.

Every employee is dependent on his fellow employees to work together and contribute efficiently to the organization. No employee can work alone; he has to take the help of his colleagues to accomplish the tasks efficiently. It has been observed that the outcome comes out to be far better when employees work in a team rather than individually as every individual can contribute in his best possible way. In organizations, individuals having a similar interest and specializations come together on a common platform and form a team.

BENEFITS:

Problems solving: A single brain can’t bounce different ideas off of each other. Each team member has a responsibility to contribute equally and offer their unique perspective on a problem to arrive at the best possible solution. Teamwork can lead to better decisions, products, or services. In international corporation the quality of teamwork may be measured by analyzing the following six components of collaboration among team members: communication, learning, coordination, balance of member contributions, mutual support, and effort. In one study, teamwork quality as measured in this manner correlated with team performance in the areas of effectiveness (i.e., producing high quality work) and efficiency (i.e., meeting schedules and budgets). A 2008 meta-analysis also found a relationship between teamwork and team effectiveness.

Communication Teamwork is the backbone of effective

communication within a company. When employees work as individuals or independently on projects, they may not readily share knowledge or new information. This lack of communication increases the time it takes to complete projects, tasks or the development of solutions. Teamwork promotes conversation between employees regarding the task at hand, possibly preventing employees from working in opposite directions. For example, if one employee does not communicate that one method of addressing a problem is a dead end, and another employee is still trying to use that method, productivity is lowered.

Learning When employees work together as

a team within a company, every employee learns from one another. This knowledge is not limited to the personal experiences of coworkers; employees from different departments may learn information from each other regarding the limitations and possibilities of those departments. For example, if a marketing department consistently makes demands with unrealistic deadlines to another department, the marketing department may see through teamwork why its requests are unreasonable.

Healthy competition: A healthy competition in groups can be used to motivate individuals and help the team excel.

Developing relationships: A team that continues to work together will eventually develop an increased level of bonding. This can help people avoid unnecessary conflicts since they have become well acquainted with each other through team work. Team members’ ratings of their satisfaction with a team is correlated with the level of teamwork processes present.

Everyone has unique qualities: Every team member can offer their unique knowledge and ability to help improve other team members. Through teamwork the sharing of these qualities will allow team members to be more productive in the future.

PROJECT REALIZED BY : RADULESCU IULIANA IOANA

GROUP: 8104

BIBLIOGRAPHY:

Small business-http://smallbusiness.chron.com/importance-teamwork-work-11196.html

Management study guide- http://www.managementstudyguide.com/importance-of-team.htm