When taking stock of a company’s most valuable assets, most would agree that people rank number one. With changing work environments and more employees working remotely, how can an organization motivate and encourage team spirit? Team building activities, like a Monday golf outing at University Park Golf Club, or an off-site retreat, can bring multiple benefits to your employees and business. Yet most business still wonder, is it worth it? The key to tracking team building ROI is asking the right questions.
Are you looking for a fun day out, or are you looking to help solve a specific problem or area? Having a clear objective makes it much easier to measure the outcome of your team building event.
By understanding your team’s strengths and weaknesses, you can create team building activities that cater to what your team needs to achieve successes along the way.
What does success look like for your team and organization? Have a clear picture of what your organization considers success, and find ways to incorporate those goals into your team building structure.
Survey your team immediately after the event. Invite attendees at the end of the day to participate in a post-event survey. You can build a simple form on Survey Monkey that allows your team to offer anonymous feedback. Make sure your questions relate to the goals and objectives you set in the first place.
Don’t forget to follow-up afterwards. Regular off-site meetings and exercises with your team reinforce the take away from your team building exercises. By paying attention to what works, you can continue to build upon your team’s successes and set new goals.
Quantifying team building exercises can be tricky. After all, there’s no definitive diagnostic tool or measurement for ROI, but the known benefits include increased employee happiness and fewer sick days, not to mention higher productivity and retention rates – all numbers that will ultimately help your company make more money.