Companies are increasingly focused on reducing meetings spend. Often times efforts to cut costs put team building activities and events on the chopping block.
While professional networking, training and education are all key facets to your events, the benefits of team building to your employees and the organization as a whole should not be overlooked. Consider how team building events can equal success for your organization by keeping employees:
• Satisfied. In tough economic times, having a happy employee base is more important than ever. Only when your staff is productive and positive can you weather financial difficulties.
As such, it's important to keep your both give back to your employees and get them involved and invested in the company's success. Team building can be a great way to do this. Taking a day to build morale among your team at the annual meeting will pay off greatly in the company's long-term success.
• Bonded. Reduced staff sizes and company re-organizations and mergers are more prevalent these days in face of economic hardships. It's very possible that your organization has had to say goodbye to a few friendly faces, or that your employees are now working with some unfamiliar ones.
In either case, it's critical that your employees have the chance to get to know one another and bond outside of the office. Team building activities foster relationships and trust among employees.
• Recharged. Faced with more responsibilities at work and likely a number of their own personal financial concerns, employees today are more stressed than ever. Spending day in and day out at a desk checking emails, answering phones, etc. is a quick way to lead to burn out—and thus little output for the company.
Team building activities give employees a chance to get their minds off of the daily routine. Even just a few hours spent unplugged with coworkers is a great way to refresh your staff. They'll no doubt return to the office with a more relaxed, ready-to-work mindset.