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4 Reasons Why Teamwork Is Important for Your Business

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While some people like to associate your brand with its logo, company colors or certain products, the importance of all of these things fades in comparison to that of your team. People behind the company are the thing that gives your business an identity and they are the only thing that can ensure your success or facilitate your failure. In 2017 there is no one out there who can deny the importance of proper teamwork, but there are some people who are still unaware of the full advantages that it brings. With this in mind, here are four reasons why teamwork is important for your business.

1.      Brainstorming

It is common knowledge that brainstorming is one of the most efficient problem-solving techniques, but in order for it to live up to its potential, you need to have a proper team. This normally includes presenting a basic outline of an idea, making a sudden shift in perspective from a company to a client and then introducing some roadblocks. After this, you’ll need to find some efficient solutions to each of these potential roadblocks that aren’t mutually exclusive.

Here, it becomes abundantly clear that the people on this project need to fulfill two categories. First, they need to have different thinking patterns in order to contribute with vastly different ideas and second, they need to be a proper team in order to be able to complement each other’s thoughts.

2.      Improved communication

Another great advantage of teamwork is the way in which it facilitates organization within your company. People who work together on more than one project tend to learn how to understand each other, often without having to utter a single word. One of the ways to hone this skill is by creating micro-projects on which your staff can practice their teamwork abilities. Experts behind Corporate Impact offer a teambuilding activity where your team makes a short film, which is later to serve as a commercial or a music video for your company. Through this, they learn how to coordinate during the entire process and thus increase chances of future successful collaboration.

3.      Supportive environment

Everyone can have a bad day and when it happens, it is usually the environment that decides which direction is this going to take. Great team members support each other and help their teammates give their best on their both good and bad days. Through this practice, your business starts giving results that are more consistent and reliable. This can also make your employees so loyal to your brand that they might even be ready to turn down numerous lucrative offers from your competitors.

4 Key Things for a Strong Business Partnership

4.      Complementing each other

One last thing, there is a reason why most companies encourage diversity within the workplace. Staff members coming from different backgrounds usually bring a different point of view to the table (something we discussed in the brainstorming segment), but this is not all. You see, different team members are supposed to excel at different skills so that they can make up for the shortcomings of others. Some employers imagine a perfect team as their favorite employee times six, but such a team would not function as well as they would expect.

Conclusion

Over time, some of your best teams can become so self-reliant that your input will become obsolete even when some of the largest projects your company is involved in are concerned. Still, this is a distant dream and you have a long path to traverse until you get there. That’s why you need to be careful when hiring and training your employees. From day one, you need to explain to them the importance of unity by preaching about the value of teamwork and by rewarding the most devoted team players. As you can see, whether or not you manage to harness the full power of team play depends solely on you.

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1 Comment

1 Comment

  1. Howtosguide Blog

    June 15, 2017 at 7:54 am

    ya, the above post really play a role in terms of Communication Improvement

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Business

Court battles, a trade war and no 5G phones: How 2019 could get even worse for Apple

Segun Balogun

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Apple chief executive Tim Cook has his work cut out in China this year: the iPhone maker faces the looming threat of a court-ordered sales ban, the uncertain outcome of trade war talks and the roll-out of a new 5G network, where it finds itself behind rivals like Huawei and Samsung.

The complex outlook raises a challenge for Apple as it looks to revive its China fortunes after weakness there sparked a rare drop in its global sales forecast, knocked $75 billion from its market valuation and roiled global markets.

Cook told investors that the main drag on the firm’s performance in China had been a sharper-than-expected slowdown in the country’s economy, exacerbated by the impact of trade tensions between Washington and Beijing.

“We did not foresee the magnitude of the economic deceleration, particularly in Greater China,” he said.

Chinese shoppers told Reuters another element had been key: the high price-tag on Apple’s flagship phones.

Analysts said the firm faced a brewing storm of challenges: an economic slowdown, stronger rivals like Huawei Technologies Co Ltd [HWT.UL] bringing out a comparable tech at lower prices and bubbling patriotic sentiment amid the trade war.

A Chinese court has also issued a preliminary injunction banning some Apple phones, part of a legal battle with chip maker Qualcomm Inc. This ban, potentially hitting iPhone models from the 6S through the X, has yet to be enforced.

On Thursday a local industry body, the China Anti-Infringement, and Anti-Counterfeit Innovation Strategic Alliance, called on Apple to heed the court order and not “trample the Chinese law by leveraging its super economic power and clout.”

Apple shares plunged over 9 percent earlier this week as Wall Street was rattled by the Silicon Valley giant’s shock revenue warning. The firm said it now anticipates lower revenues of $84 billion

Apple declined to comment on the group’s statement but has previously said it believes its current phones comply with the Chinese court’s order.

“These are tough times for Apple in China,” said Neil Shah, research director at Counterpoint, adding the iPhone could see its market share slip to 7 percent this year in the face of stronger local rivals and worry about the sales ban.

Apple’s market share in the third-quarter of 2018 was around 9 percent, and has dipped from above 14 percent in 2015, overtaken by local rivals like Huawei, Oppo and Vivo.

A woman in Beijing uses her iPhone today where sales are falling behind rivals Huawei and market leader Samsung

5G STRATEGY

Another question mark for Apple is its 5G strategy in China, where the U.S. firm is not expected to have a 5G-enabled phone until 2020, behind rivals like Huawei, Xiaomi Corp and Samsung Electronics.

China is looking to push ahead with its rollout of a faster 5G network, with a pre-commercial phase this year and a commercial network in 2020.

Some are looking to make an early bet on the technology. Huawei is planning a 5G phone mid-year, while Xiaomi is aiming for the third quarter. Samsung is expected to unveil a 5G phone in the first half of the year.

Industry insiders, however, said Apple would likely hold off until the fall of 2020 to have its own 5G-enabled phone, a strategy that would bypass the untested early period of the technology, but which could mean Chinese shoppers delay iPhone purchases or buy another brand that switched to 5G earlier.

“I’ll definitely be paying attention to 5G functionality when I buy my next phone,” said Wu Chengjun, a graduate student in Beijing who currently uses an iPhone X.

With the exception of Huawei, which makes it own 5G chips, Qualcomm is providing the technology to many of the major phone makers releasing 5G handsets this year.

“If you’re a [phone maker] looking for a ‘super cycle’ [of sales], if you don’t have 5G, your situation won’t get any better,” Cristiano Amon, Qualcomm’s president, told Reuters in an interview. “The carrier channel is going to be incentivized to start selling 5G phones in the second half” of 2019, he said.

But there are risks integrating 5G too early into high-end smart phones because the technology requires deeply re-designing the devices with multiple new antennas. Given spotty coverage in 2019, gambling on a new design before networks are mature could be more risk than reward, said Darryn Lowe, a Bain & Co partner who works with the wireless industry.

“When you think about 5G, it’s a heck of a lot more complicated than an aluminum strip running around the phone,” he said.

And other shoppers and analysts said Apple’s more cautious approach to 5G made sense and that the firm would not likely lose out too much to rivals by delaying its launch.

Apple’s decision to wait to adopt 4G until after other makers didn’t hurt it. But that was when consumers commonly purchased a phone every two years, a cycle that has elongated and might prompt buyers to want a more “future proof” device, said Glenn Lurie, CEO of Synchronoss Technologies and the former head of AT&T’s wireless unit.

“If you’re going to walk in to make a 30-month decision, the concept that I’ve already got 5G built in, it feels pretty good,” Lurie said.

But buyers such as Li Hongzhuo, 22, a student in Beijing, said he was interested in 5G, but it wouldn’t be the deciding factor and he preferred to wait until the technology was tried and tested.

“Typically my needs for my phone are high speeds for downloading videos or transferring files from chat apps. This will get faster (with 5G), but 4G already satisfies my needs,” said Li.

“I won’t really consider switching my phone until 5G has been operating stably on the market for some time without any bugs – or unless they stop offering 4G.”

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Apple’s App Store record $1.22B over the holidays plus a record $322M on New Year’s Day

Segun Balogun

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Apple’s App Store pulled in $1.22B over the holidays plus a record $322M on New Year’s day

Apple’s app store had a record-breaking holiday week and New Year’s Day,  according to a report by Apple. The company says its holiday week was our biggest week ever, as customers spent $1.22 billion during the 2018 holiday season and $322 million on New Year’s Day 2019, which set a new record for single-day spend.

Apple also used the opportunity to thank talented developers and customers around the world, as the App Store finished off an outstanding 2018 and kicked off 2019 with a bang.

Apple’s App Store pulled in $1.22B over the holidays plus a record $322M on New Year’s day

Customers spent over $322 million in the App Store on New Year’s Day 2019 alone, setting a new single-day record.

Gaming and self-care were the most popular categories of app downloads and subscriptions during the holidays. Globally, multiplayer games including Fortnite and PUBG were among the top downloaded games over the holidays, along with Brawl Stars, Asphalt 9 and Monster Strike. Productivity, Health & Fitness and Education apps are already capturing the attention of customers in the first few days of the year with 1Password, Sweat and Lumosity charting in their respective categories, according to the statement released by Apple.

Last year, Apple also announced a record-breaking holiday season, with $890 million spent during the week of Christmas Eve and $300 million on New Year’s Day 2018.

Apple CEO Tim Cook, in his letter yesterday, signaled that the App Store remains one of the bright spots in the company’s “Services” category, even as he delivered the crushing news of a slowdown in iPhone sales.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

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Global food and beverage giant, Nestlé launches Workplace by Facebook

Techcribng

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Workplace by Facebook, the social network’s enterprise solution is now the official global internal communication tool at Nestlé which major aim is to connect its workforce, help the organization to create its own internal social networks and better serve consumers.

Nestlé said in a statement to the media that some 210,000 of its employees worldwide are now using the platform, adding that among those who were part of the initial deployment, engagement per post was 25 times higher than it had been on other platforms.

Nestle began implementing Workplace by Facebook nine months ago, with the first wave including employees in Mexico, Brazil, the Middle East, and South Africa.

Most features on Workplace is quite similar to the general Facebook features such as News Feed, Groups, Chat, events and live streams, as well as seamless mobile integration. Because Workplace is easy to use, it can connect everyone and reach employees where they are.

This move by the global food and beverage giant is parts of its commitment to empower people and sustain a high-performance culture. The company is moving more and more to offer open office configurations and more flexible working environments.

Meanwhile, the Chief Information Officer at Nestlé, Filippo Catalano while commenting on this great development said: “Today, using Workplace by Facebook we are able to give our employees across the
globe a platform to build connections, enabling faster and more engaging sharing of information.” Also, Julien Codorniou, vice president of Workplace by Facebook said, “As the global work landscape continues to change and
the demand for better collaboration, best-of-breed IT and mobile-first work increases, we are honored to partner with a company like Nestlé to help employees work together to allow for limitless innovation.”

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