Abstract
This report describes the necessity of working in the form of groups and teams for effective organizational output. The basic essence of teamwork is provided along with its definition in the initial part. Then, the importance of teamwork is discussed from various aspects. Literature is consulted for effects of teamwork on organizational performance. We also discuss various traits and attributes of working together in teams and groups. We will see how teamwork leads to employee satisfaction, reduced turnover, decentralized responsibility, skills’ enhancement, feelings of empowerment, satisfaction of stakeholders, and much more.
Introduction
As the technology is advancing at a rapid ...