If you are an L&D leader who wants to stay ahead of the curve and ensure that your company is performing at its best, improving team effectiveness across your organization should be at the top of your agenda.
Many companies recognize the strategic impact of team effectiveness. In today's fast-paced business world, teams, more than individuals, are making difficult decisions, designing new products, driving innovation, and solving the toughest problems. Moreover, team experience is one of the most significant drivers of attracting, motivating, and retaining employees.
The impact of team effectiveness on business results is well-documented. Highly engaged teams exhibit greater profitability, elevated individual performance, and improved employee retention. Additionally, a
study by McKinsey & Company reveals that improving internal collaboration through social tools can enhance a company's productivity by up to 25%.
Take our 5-min quiz to find out how your organization compares to the industry leading Fortune 500 companies in adopting the Team Effectiveness best practices.