Teamwork is a joint action done by a group of people (team) with a common goal. A team comprises any group of people with a common purpose. A group in itself does not necessary constitute a team. However there are many components that up a team like managers and agents.
The notion of teamwork does not mean that the individual is no longer important, it means that effective and efficient teamwork goes beyond individual accomplishment. The most effective teamwork is produced when all individuals work together to achieve a common goal.
To effectively achieve the goals of an organization, all the people should combine their efforts. If everyone does his/her job well, and then it increases what the team can accomplish. Teamwork has to be recognized by everyone knowing that great things happen if individuals work together as one unit. Everyone has a unique role, but each individual role must be recognized and appreciated.
Large, ambitious plans usually require people to work together. Thus, team work has become an important concept for work organizations. Effective teams are necessary if the industry is going to realize good and sustainable results;-
1.Teamwork can make more effective and efficient use of labour and prove productivity by maximizing the different strength and skills of team members, encouraging team members to undertake a wide range of tasks and making team members accountable to customers.
2.Teamwork improves quality and encourages innovation of product or services. Innovation has been the outcome of many team works initiatives. Involvement of team members/workers in productive activity through team work contributes a lot to the improvement of the quality of products and various innovations.
3.In an institutions like a school, students learn to work together in many ways. They learn to rely on each other and take advantage of every opportunity they have. Most often high-performing students in exams experience the benefit of teamwork at school. They consistently perform better than others, especially by attending group discussions.