If you run a team or business, you’ll know how important good
communication and maintaining staff morale are to keeping employee turnover low
and productivity high. However, achieving that isn’t always that simple.
Solutions for boosting the confidence and cohesion of your
team – not only for building and maintaining a strong workforce, but also for
improving company profits – include team-building exercises and encouraging
corporate excursions.
Here are a few ways in which you can utilise team-building and
improve your business…
Enhancing Productivity and Improving Communication:
Businesses that make a conscious effort to engage their staff
through team-building exercises and improving communication between teams have
seen positive results across both productivity and profit. Their overall daily
operations have become more efficient and staff have become more united.
Corporate days out are one the ways to ensure that your team
are interacting and working collaboratively with each other. Placing colleagues
into a completely new environment can rid the team of office politics and
present them with shared goals or tasks to accomplish together. This mentality
is often then transferred back into the workplace.
Setting and achieving collective goals are a key way of
removing restrictions of an established office hierarchy and have a way of
encouraging more open discussion between all members of staff.
Boosting morale in the office:
It’s fair to say that if your staff don’t feel valued, they
are unlikely to give you their all at work. According to a study conducted by
the Department of Economics at the University of Warwick, happy employees are
up to a fifth more productive than other members of staff. It’s no surprise
that staff morale is strongly connected with happiness, so to maintain an
upbeat and productive mood in the workplace, try to do everything you can to
implement initiatives that give your staff something positive to look forward
to.
Keeping your staff:
Team-building exercises send a strong message to your team
that you care about the workplace atmosphere and their development. As you can
imagine, these are key to a member of staff feeling valued and happy at work.
Columbia University recently investigated the link between company culture and
staff retention and found that positive initiatives, such as team days out, can
reduce the number of staff members exiting a business. Organisations with
positive company cultures had a staff turnover of just 13.9%, whilst places
harbouring a poorer company culture can expect their staff turnover to be
almost 50%. Having a greater staff turnover can lower the credibility and worth
of your company to prospective employees and more time and money will be spent
in recruiting and training new staff.