Team Building

What is Team Building?

 

‘Team building’ is a process that promotes collaboration, trust, and synergy among group members, leading to better communication and shared goals.

 

‘Team Building’ can be undertaken on two different levels based on which it can be defined in two different ways.

 

  • On the organizational level, ‘team building’ refers to the categorization of the roles and development clusters based on it to form different teams.

 

  • On the practical level, ‘team building’ refers to the strategies and plans undertaken to make the team members believe and trust each other to make it more efficient and effective.

 

Team building helps improve the morale of the employees by increasing the productivity and effectiveness of the teams. It also helps in team bonding which eventually leads to reduced attrition too.

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What is Financial Incentives ?    ‘Financial incentives are the various economic benefits that are provided to the employee to encourage them to perform daily

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