Introduction to Team Synergy
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Let’s face facts.
- Disengagement costs the U.S. $450 billion to $550 billion per year
- By 2030, our global economy will lose $16 trillion US dollars to stress
- 78% of American workers are “Not Engaged” or “Actively Disengaged”
- Disengaged workers are more likely to steal directly from their companies, negatively influence their coworkers, miss workdays, and drive customers away
- Companies or teams with 10-24 members have the lowest engagement rates
- Companies that openly discuss engagement with employees significantly produce more, spend less in healthcare costs, and retain talent
- More than 92% of the U.S. workforce (age 18+) claim “extreme stress” levels and say stress effects their performance
These figures are a small representation of the massive issue organizations have with teams. From home life to volunteering to Fortune 100 entities, teams make up the architecture of groups. Without strong bonds and a desire to be better together than separate, teams struggle and dissolve. Replacing team members (divorce, community leaders, employees, CEOs) costs far more than investing in building synergy (marriage counseling, stress management coaching, development courses, executive consulting).
To have the kind of team you’ve always wished you had- the one that doesn’t complain, push buttons, expect more while giving less, be a financial draw on the group/family/business- it requires a committed effort to build Team Synergy.
Synergy is the creation of a whole that is greater than the sum of its parts.
A team (think family units, nonprofits, student councils, and other groups) working in anything less than Team Synergy is expending a huge amount of effort for very little, positive results. The only way to have what you want from your team is to build and maintain team synergy with this simple formula and it’s five (5) components.
Is it a complex formula, absolutely. Count how many people you really feel connected to in your life and then back at the formula; now you know why.
We’re going to make it easier on ourselves and break each component down for the remainder of this course, starting with Trust.
Key Takeaways
To have the kind of team you’ve always wished you had- the one that doesn’t complain, push buttons, expect more while giving less, be a financial draw on the group/family/business- it requires a committed effort to build Team Synergy.