IIARD International Institute of Academic Research and Development

IIARD International Journal of Economics and Business Management (IJEBM )

E-ISSN 2489-0065
P-ISSN 2695-186X
VOL. 9 NO. 2 2023

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Impact of Team Building on Organizational Performance: A Theoretical Review

Akinade M. E., Obiekwe, Onyebuchi

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Abstract

The effective functioning of organization resulting to improv ed productivity and better performance of an organization is central to every organizational objectives and purpose. This paper examined the impact of team building on organizational performance. The paper observed that team building contributes immensely to the overall organizational performance and successes. The paper note that team building enhances collaborations, trust and knowledge sharing among employees of an organization which helps to build competitive advantage over their rivals as well as promote overall performance. The paper identified as lack of trust, resistance to change and inability to share common goal and purposes as well as lack of management support as key challenges to organizations team building process. Some advantages of team in an organization as enhance organizational learning because employees are able to experiment and create strategies that are best suited to their work. The paper concluded that team building is vital for corporate survival and enhanced performance as it help to provide the collaboration needed to meet organizations task and improve firm development which is vital in today ’s highly competitive business arena. It is recommended that organizations should

keywords:

Team Building Organizational Performance, Competitive Advantage, Productivity.

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