Key Takeaways
- Teams with high collaboration are 5 times more likely to be high performing
- Collaborative teams retain employees 21% longer than non-collaborative teams
- Companies with strong teamwork report 21% higher profitability
- 86% of workplace failures stem from poor teamwork impacting revenue by $1.2 trillion annually in US
- Companies prioritizing teamwork see 21% higher profitability
- High teamwork cultures have 41% lower absenteeism costs
- 82% of employees in high-engagement teams feel valued
- Teamwork satisfaction scores 4.5x higher in top workplaces
- Collaborative cultures have 17% higher engagement rates
- Teams generate 5x more sellable ideas per session
- Diverse teams are 45% more likely to improve market share via innovation
- Psychological safety leads to 12% more innovations filed
- Strong cultures foster 4x more innovation via teamwork
- 92% of executives link teamwork to strong culture
- Inclusive cultures from teamwork retain 22% more talent
Strong teamwork dramatically boosts performance, profits, and innovation across every business metric.
Employee Engagement
Employee Engagement Interpretation
Financial Impact
Financial Impact Interpretation
Innovation and Creativity
Innovation and Creativity Interpretation
Organizational Culture
Organizational Culture Interpretation
Productivity and Performance
Productivity and Performance Interpretation
Sources & References
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