What is teamwork – and the four crucial reasons to build it

Having a great team is one thing; having great team work together is another. A team that works together and supports each other is one hell of a feeling to be a part of.

Here are four reasons you need to strengthen the teamwork in your company.

Teamwork fosters collaboration and unity.

Gone are the days where we can afford our team to work in silos. A collaborative work environment is what improves efficiency and encourages greater problem-solving and creativity.

It also creates a unified team, which improves your work environment, increases communication and ensures clients have deeper, more meaningful conversations. By working together, teams can find solutions that work.

Teamwork strengthens capability and learning.

Different team members have different strengths, weaknesses, experiences and opinions. This diversity of thought, combined with differing perspectives, ideas and approaches, are what creates improvement and learning through your organisation.

The exchange of ideas, client approaches, processes and experiences in handling different problems, objections or situations, allows us to learn from each other, fill knowledge gaps and counteract each other’s weaknesses to create a stronger, more capable and more client-driven financial services business.

Teamwork minimises mistakes and risk.

Teamwork is supportive. It creates an environment where mistakes are minimised, problems are shared, deadlines are met, advice is of a high standard and clients remain satisfied.

It creates a culture that when one team member is overrun or sick, others pick up the load. Tasks get done faster, making the overall business operate more efficiently, effectively and profitably.

Teamwork is a better way to work!

Perhaps the best part about teamwork though is that it creates a great place to work. Teamwork builds morale. When teamwork is high, you feel that your work and opinions are valued, and you have more confidence in speaking up about your ideas and owning up to your mistakes.

The strong sense of belonging fostered through your organisation inspires loyalty and deeper relationships and trust between your team members, which builds a stronger and more resilient team.

PS – Whenever you’re ready, here are FIVE ways I can help you become a better leader… 

1. Take my FREE masterclass “3 Steps to Leadership Excellence”

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2. Read my book “Empowering Employees Through Effective Delegation”

If you lead a team, you need to master delegation. Learn how to delegate effectively and what to do if it all goes wrong.

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Develop a personalised leadership development plan that will get you results in the next 6 to 12 weeks and beyond.

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Find out more about our Leadership Excellence Program – Equipping leaders wit the necessary skills to lead high performing teams.

5. Take our 3 minute quiz to discover your Top 10 People Leadership Strengths

Thousands of people have taken our quiz and used their strengths to achieve their goals. Take the quiz today and see what you can achieve.

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Keep growing, inspiring and leading.  Leadership is a journey not a destination, as leaders we should continue to grow ourselves so we can grow others.  Join us for our FREE webinars where you'll gain valuable tools, resources and insights.  Our workshops are designed for leaders and managers who want to take their leadership to the next level.

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If you're sick of being pulled from pillar to post every day, frustrated by under performing team members, or struggling with low confidence or imposter syndrome then this new leadership masterclass training is for you.  I'll share the 3 most common warning signs and 3 simple fixes and a step by step plan to help you become more confident, trusted and respected leader who delivers results.

Kylie Denton

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