Teamwork And Organizational Performance

Abstract

This study focused on Teamwork and Organizational Performance with reference to Polaris Bank, Asero and Kuto Branch, Ogun State. Specifically, the study examined the effect of commitment, communication and collaboration on organizational performance of Polaris Bank Limited. The study adopted survey research design. The population of the comprised of all employees of the selected branches totaling 105. Using census sampling technique, all the population (105) was selected as the sample size. Primary data was adopted for the study, which was gotten from structured administered questionnaire. The data gathered were analyzed using descriptive statistics and linear regression analysis with the aid of Statistical Package for Social Science (SPSS). The findings of the study highlighted that: commitment has a weak positive significant effect on organizational performance (β = 0.239, p<0.05); collaboration has a weak positive significant impact on organizational performance (β = 0.305, p<0.05); and communication has a weak positive significant influence on organizational performance (β = 0.454, p<0.05). Based on the findings, the study concluded that teamwork has significant effect on organizational performance of Polaris Bank Limited. Therefore, the study concluded that; Polaris Bank Limited, Abeokuta, should increase leadership visibility and engagement with teams, and increase a more active role in mentoring and providing support to team members; they should encourage teams from different departments to collaborate on projects, through Adoption of digital collaboration tools; they should provide communication skills training, which will equip employees with effective communication that focus on active listening, clear messaging, and conflict resolution to improve overall team communication.

Aims and Objectives

The main objective of this study is to determine the extent to which teamwork contributes significantly to organization performance. The specific objectives of this study are as listed below;

  1. To examine the effect of commitment on organizational performance
  2. To examine the effect of communication on organizational performance
  3. To examine the effect of collaboration on organizational performance
Research Questions
  1. How does commitment affect organizational performance?
  2. What is the impact of communication on organizational performance?
  3. To what extent does collaboration affect organizational performance?
Hypothesis Of The Study

H01: commitment does not have significant effect on organizational performance

H02: communication has no significant impact on organizational performance

H03: collaboration does not have significant effect on organizational performance

Chapter One

1.0 INTRODUCTION
1.1 Background to the Study
Teamwork, which has existed since the dawn of humanity, is widely used in organizations across various contexts, such as in production and marketing processes (Anderson & Johnson, 2020). Examples include management teams, production teams, or even the entire organization being referred to as a team. Brown and Green (2021) noted that there is growing agreement among scholars that while organizations may achieve tasks through individuals, their true success lies in reaching goals through teamwork. It is widely recognized that teamwork is not only the foundation of effective management but also a key driver in improving overall organizational productivity (Carrington, 2022). Teamwork involves individuals collaborating within a group to achieve shared objectives for the benefit of both service users and the organization, ultimately enhancing productivity. Teamwork is not only fundamental to good management but also essential for boosting employee performance. Working together as a team allows for progress on crucial tasks and leads to significant achievements. It is the catalyst that enables ordinary people to accomplish extraordinary outcomes (Deloitte Insights, 2023).

Teamwork is defined as a group of individuals working together towards a common goal or task (Hayes & Walker, 2019). This means that people collaborate in a cooperative environment, sharing knowledge and skills, and being adaptable enough to take on multiple roles. It is a strategy for improving the utilization of manpower and potentially boosting performance, not only at the individual level but also for the organization, as collaboration can increase individual output. As a result, employees who work well in teams set the standard for the organization (Ivey & Adams, 2020). Today, managers who recognize the value of teamwork are assigning more team-based projects to employees, providing opportunities to enhance their knowledge and skills (Jackson & Patel, 2021). Teamwork has the potential to improve both individual and organizational performance, though it requires ongoing development (Kearney & Zhao, 2022). According to Kim and Lee (2023), a work group is a collection of employees who primarily interact to exchange information and make decisions that support their individual responsibilities, while a work team is a group whose combined efforts produce results greater than the sum of their individual contributions. They further noted that teamwork encourages cooperation, skill enhancement, feedback, and reduces personal conflicts. It is widely recognized that transitioning from working alone to working in teams requires employees to collaborate, share information, resolve differences, and prioritize the team’s goals over personal interests. Teams can thus be seen as highly effective work groups, with their success depending on motivation, coordination, and a shared sense of purpose. Their collective synergy generates energy and creativity that surpasses the contributions of individual members, meaning teams must have defined membership, group consciousness, and a clear sense of shared purpose (Liao & Singh, 2023).

In the context of teamwork and employee performance, we aim to examine how key components of a team, such as members’ abilities, esprit de corps, team trust, and recognition and reward, influence job performance (McKinsey & Company, 2018). Insightful managers understand and consistently leverage the benefits of teamwork. As teams reflect the collective strengths of individual members, they also enhance motivation and morale, leading to the creation of a high-performance organization that is adaptable, efficient, and, most importantly, profitable (Miller & Garcia, 2019). Profitability is crucial for an organization to maintain its competitive edge in a challenging and global business environment. Many organizations utilize various types of teams, such as production teams, project teams, service teams, and action teams, to achieve diverse goals and stay competitive. Research on teamwork highlights numerous benefits for both organizations and individuals. These benefits include improved employee relations, enhanced technical and interpersonal skills, better quality of work life, job satisfaction, performance, organizational growth, and flexibility. Teamwork also fosters social support, encourages collaboration, and makes jobs more engaging and challenging (OECD, 2020).

Patel and Jordan (2021) suggested that collective action is widely recognized as a positive influence on fostering cooperation within organizations. Teams enable individuals to motivate themselves and fully leverage the benefits of working together on cooperative tasks. Collaborating with others not only enhances people’s understanding of the importance of teamwork but also helps them grasp how organizations operate, promoting a culture of effective teamwork. Perez and Yang (2022) noted that employers often emphasize the importance of hiring employees who can work well in teams and typically highlight teamwork when discussing the need for employees with diverse skills. Organizations frequently organize workers into various teams, such as management and development teams (PWC, 2023), among others. Sato and Nguyen (2020) contributed that teamwork is vital for ensuring workplace democracy, fostering diversity, encouraging innovation and creativity, and supporting effective decision-making and networking (Schneider & Muller, 2022). Teamwork involves forming groups that work together to achieve organizational goals, fostering a sense of unity and integration within the organization, which in turn leads to better synchronization of efforts and higher productivity. Poor implementation of teamwork has negatively impacted the overall performance of employees in organizations. Smith and Thomas (2021) emphasized that teamwork is essential for improving output and strengthening relationships among employees.

Research Guidelines

The Title Page should be the first section of your project “Teamwork And Organizational Performance”, providing essential details like the project title, your name, your supervisor’s name, the institution, and the submission date. After that, the Abstract offers a brief summary of your project, touching on its purpose, methods, results, and conclusions in 150-300 words. The Acknowledgments section is where you can thank those who supported your research, such as your supervisor, peers, or organizations that provided resources.

Next, the Table of Contents organizes the Teamwork And Organizational Performance by listing its chapters and sections, along with page numbers for easy reference. The List of Figures and List of Tables help guide readers to specific visual elements like graphs, charts, or tables included in the document. There should also be an Abbreviations and Glossary section to explain any specialized terms or acronyms, making the content clearer to readers unfamiliar with the technical language.

The main body of the Teamwork And Organizational Performance should start with the Introduction, which provides background information, outlines the research problem, states your objectives, and gives a brief overview of your research methods. Following that, the Literature Review offers an in-depth look at previous research relevant to your project, identifying gaps your study aims to address. The Methodology section then explains the research design, tools, and data collection methods you used to conduct the project and analyze the data.

In the Results and Discussion section, you present your findings and discuss them in relation to the Teamwork And Organizational Performance research questions or objectives, often using tables or charts to help explain the data. The Conclusion summarizes the key results, discusses their implications, and suggests possible directions for future research. You may also include recommendations based on your findings, offering practical advice for improvements or applications. Finally, the Teamwork And Organizational Performance project should include a References or Bibliography section to list all the sources you cited, as well as Appendices for any additional material. A Statement of Originality is often included to confirm the authenticity of your work