In the modern workplace, there are many factors conspiring against
effective teamwork. In fact, 6 out of 10 senior executives report their
own teams are underperforming, according to the inaugural rel="nofollow" href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thinkwiseinc.com%2Fresources.html%3Fsrc%3DPR&esheet=51155596&newsitemid=20150804005674&lan=en-US&anchor=ThinkWise+2015+Impact+of+Team+Performance+Survey&index=1&md5=15ecc72242352507d9e92a857185815e">ThinkWise
2015 Impact of Team Performance Survey report. The survey captures
the insights of more than 100 business leaders from across the U.S. on
the elements that create highly successful teams and their impact on
company performance. The report reveals team performance is the No. 1
contributing factor that impacts overall organizational value, over
speed of technological change and availability of human talent. Further,
high-performing teams contribute most to improving organizational
culture, staff retention, profitability and risk mitigation.
Across all company sizes, smaller teams (less than 10 people) are
performing better, with 50 percent performing at full potential compared
to 36 percent of teams with 10-50 people. A mere 14 percent of teams
with more than 50 people are performing at their potential. At smaller
organizations, teams are 13 percent more likely to perform well than
those at mid-sized and larger companies, indicating the smaller the team
and company, the better the team performance.
“With many modes of communication, the number of remote employees on the
rise and an always connected environment, the modern workplace is full
of distractions and presents an environment that inherently holds
obstacles for teams to reach their highest-performing potential,” said
Steve Griffin, Psy.D., Vice President of Strategy & Consulting for
ThinkWise. “When organizational leadership truly embraces the makeup and
function of highly effective teams, the impact on the business is
phenomenal. Efficiency and profitability skyrocket, and their
performance causes ripple effects throughout every area of the
organization, including culture and retention.”
Senior executives believe the way teams are built plays a significant
role in their ability to perform to their potential. Two-thirds (63
percent) of respondents identified self-selected teams, meaning members
who choose the team they join, as the best-performing teams. Yet, only
11 percent of these same executives currently use this approach.
Top three traits of a high-performing team that outperform an average
Communication: High-performing teams utilize effective daily or weekly
communication, achieving 4.24 out of a 5.0 scale.
Commitment: High-performing teams keep their commitments to what they
say they’ll do (4.16 out of 5).
Innovation: High-performing teams work in an environment that clearly
defines how the organization can implement innovation (3.45 out of 5).
Traits most likely to be found in underperforming teams
Avoiding accountability (63 percent)
Not communicating with a leader when unclear on a task (63 percent)
Blaming others for poor performance (46 percent)
For more information about the survey and to request a full copy of the
results, please visit rel="nofollow" href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thinkwiseinc.com%2Fresources.html%3Fsrc%3DPR&esheet=51155596&newsitemid=20150804005674&lan=en-US&anchor=http%3A%2F%2Fwww.thinkwiseinc.com%2Fresources.html%3Fsrc%3DPR&index=2&md5=6a77c456802b5bcf6b3c17ef84576301">http://www.thinkwiseinc.com/resources.html?src=PR
or contact Kim LaFleur directly at rel="nofollow" href="mailto:firstname.lastname@example.org">email@example.com.
About the Survey
The ThinkWise 2015 Impact of Team Performance Survey report provides a
close look at the trends impacting team performance, explains the top
drivers of success within high-performing teams and highlights the value
team performance provides to an organization. More than 100 respondents
of senior audience of business owners, C-level executives, VP and
director-level team leaders contributed insights from their experience
leading teams across small, mid-sized and large organizations.
All of these leaders were asked about the performance realities of their
teams, to define the characteristics of high-performing teams and to
provide insights into how their teams are in fact performing.
ThinkWise is a high-performing team of seasoned business and HR
executives who work together to provide simple and seamlessly integrated
services and products to help organizations thrive. In business since
2007, ThinkWise developed a software-as-a-service suite of talent
management tools with a philosophy of simplicity, engaging design and
expert content built into every solution. A 50 Companies to Watch
and ASTD Product of the Year award winner, ThinkWise
delivers simple and smart solutions that define the future of
To learn more about ThinkWise, visit rel="nofollow" href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thinkwiseinc.com&esheet=51155596&newsitemid=20150804005674&lan=en-US&anchor=www.thinkwiseinc.com&index=3&md5=81e3e92a9f3d35eb3bb9dde3b516cafe">www.thinkwiseinc.com.
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