One of the biggest factors that determine an organization’s ability to grow and scale, is whether or not people can work in teams, and unfortunately, many business leaders don’t give this enough importance till it’s too late. There’s competition to beat in every industry today, and thus, collaboration at the workplace has almost become an imperative to improve overall productivity and efficiency. Teams often do not even fully understand what it means to work collaboratively, and this may directly hamper performance. Here’s why working in silos does not seem to make the cut anymore:
- Creative problem solving: More often than not, individuals find themselves stumped when faced with difficulties at work, for they sometimes remain stuck with their own perspective. Working in teams or having someone to fall back on not only provides various perspectives to solve a complex problem, but also enables people to think out of the box. The more the number of heads that get together, the more possible solutions thought of!
- Learning on the go: There’s no better way to learn than on the job, and this is why working collaboratively makes a huge difference. Working with people from different backgrounds and with different skill sets enables massive learning opportunities for both parties. Even better if it’s two teams instead of individuals! One has a chance to understand different pain points, priorities, and even the way others think, which can be extremely valuable as you work together going forward.
- Higher retention rates: Work environments and offices that foster collaboration and move away from siloed approaches have a greater chance at retaining their employees in the long run. Such workspaces not only boost individual and team morale, but also makes people feel valued, thus bringing down attrition rates and enabling a greater retention capability for enterprises. It makes the business appealing for present as well as prospective employees and greatly improves its standing in the community, keeping you a step ahead of competitors.
- Higher accountability and efficiency: This is true especially for complex projects, the kinds that cannot be completed by a one man army. Working collaboratively helps teams divide a heavy workload, find creative solutions to tough problems, and focus on the big picture. In the process, the overall efficiency of the team also rises by leaps and bounds, and helps members finish projects quickly and efficiently, without weighing on them too much. Accountability is also boosted, and a higher level of accountability leads to greater transparency, at all levels of the organization
At Que Spaces, we strive to create holistic, collaborative work environments that make for happier, more focused employees who grow personally and professionally every day. Schedule a visit today to check out Pune’s prime shared workspaces!