How does teamwork impact the bottom line?
Who better to answer that question than The Wall Street Journal?
An article from the November 7, 2005 issue says research from a variety of settings points to the fact that how a team works together will determine their level of success - - even in fields thought of as dominated by individual "stars".
Yes, you know who I'm talking about. Like the "star" heart surgeon. Surely you want the star heart surgeon to be the one digging around in your chest. Right?
The research points to the fact that "the death rates from similar procedures performed by the same surgeon can vary as much as fivefold" depending on the surgical TEAM the heart surgeon is working with.
The article says:
...the results suggest that the surgeon's interactions with anesthesiologists, nurses and technicians are crucial to the outcome of the surgery. "The argument has always been that if you want to get something done well, you go to the best surgeon," he says. "Our findings suggest that the skills of the team, and of the organization, matter."
Even though teamwork has been a buzzword in management and business-school circles for years researchers say companies tend to focus recruiting efforts on a handful of stars. Focusing on assembling a groupof stars is a sure way to stay mediocre. If you want your organization to excel then you focus on building TEAMWORK.
Read the WSJ article HERE.