Corporate Team Building Is Profitable for Business

Low angle portrait  of multi-ethnic business group of men and women in huddle screaming.

According to a Harvard Business Review study, United States companies lose about $3 billion per year due to the effects of negative attitudes at work, with 80 percent of the United States’ workforce admitting to feeling very stressed about their jobs or over their work. The solution: set aside time to provide your employees with a day of fun corporate team building!

Sure, business is tough these days, and competition is intense regardless of what industry you’re in. But if history has proven anything, is that “not” investing in the happiness of those who work for you, not only can, but “will” have a negative impact on production and customer satisfaction. In fact, 70 percent of employed Americans report that they are not engaged at work. This means that almost ¾ of the American workforce is dissatisfied with their job. How unfortunate!

But let’s face it: It takes great leadership to build great teams. Leaders who are not afraid to course correct, make the difficult decisions and establish standards of performance that are constantly being met – and improving at all times. Being especially true in the workplace, team building requires a good understanding of people, their strengths and what gets them excited to work with others. RAC Houston Conference Center is at the forefront in providing companies with state-of-the-art facilities to hold company team building events. With great catered food and more than 16,000 square feet of space, empowering your employees with a way to get out of the office, mingle with each other, meet other employees that they would otherwise never have time to do while working in the office can result in profitable results with employee production…and your company’s bottom line.

Asa matter of fact, companies with engaged employees receive two and a half times more revenues than companies with low engagement levels. Therefore, if you’re looking for a way to increase revenues or one-up your competitor, consider making your workplace a more fun place to be by booking a facility like RAC Houston Conference Center for a day of team building.

In order for this to happen, a decision maker, or a company leader, has to see the real need, the opportunity, and benefit the company will receive by adding team building as a regular part of the company’s culture.

History has shown us that it takes a special kind of leader with unique competencies and skills to successfully build great companies and teams. In the sports world, the late John Wooden set the standard for great coaches, leading UCLA to 10 NCAA national basketball championships in a 12-year period — seven in a row. His success was so iconic, Wooden created his own “Pyramid for Success” to help others excel through his proven wisdom. Wooden relied heavily on team building, and icon sports teams with a high level of success have all implemented this philosophy as a key ingredient to success.

In the business world, we can look to Jack Welsh, who was the Chairman and CEO of General Electric between 1981 and 2001. Team building was the cornerstone of his philosophy. The company’s value rose 4000% during his tenure. The bottom line is that fully knowing your team means that you have invested the time to understand how they are wired to think and what is required to motivate them to excel beyond what is expected from them.

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