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The Importance of Corporate Team Building in a Struggling Economy

Team Building in Down EconomyCorporate team building is important in a struggling economy. As we all know…These are tough economic times! During tough economic times it is the tendency of most companies to button down the hatches, hunker down, and hopefully wait out the storm. While this may feel like the safest thing to do it is actually the wrong thing to do and can in fact be detrimental. When things turn around…and they WILL turn around…you need to be positioned to take full advantage of the changing winds. During these tough times it has become too easy for employees or even whole departments within a company to feel under-appreciated which in turn leads to under-performance. This is a cancer that can spread quickly through a company and suddenly before you realize it…it shows up in the profit margin or lack thereof. The result can be devastating. There is a fix however, and it is actually quite simple. Invest in your own company.

Corporate Team BuildingOne of the safest and rewarding investments in your own company is start doing corporate team building. Team building events are a great way to bring your people and departments together in order to help remind them they are all on the same team and it will take total team effort to pull through. It is through corporate team building that you can show your employees the most important part of your company is the people you hire. A team building event is a great way to bring your folks together, build trust, infuse energy, and improve communication. A positive environment, a sense of purpose, and a team culture is what will make the difference between having your company run like a highly tuned well functioning machine or sputtering and on the verge of breaking down.

Building and maintaining a positive team culture and atmosphere is every bit as important as paying the electrical bill. It’s not just something you should think about. It something you need to start on immediately and is crucial to your company coming through these tough economic not just barely hanging on for dear life but charging forward.

Written by Joe Jessop:
Joe is a corporate leadership consultant with The Leader’s Institute® headquartered in Dallas, Texas. The Leader’s Institute provides dynamic and high energy leadership training and corporate team building events for Fortune 500 companies, government agencies, and universities all over the country.


Author: Doug Staneart, Date Published: September 5, 2011

Doug Staneart is president of The Leader's Institute ®. He is based in the Dallas, Texas Region. He is a specialist in corporate team building activities and custom presentation skills seminars.

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