Top Benefits of Collaboration in the Workplace to Consider

Collaboration in the workplace is a significant factor that drives up key performance indicators like productivity and employee engagement. Employees don't aimlessly move towards the company's goal in a collaborative setting. Instead, there's an active effort to reach objectives set as a unit.

By understanding the importance of collaboration in the workplace, you may be inspired to incorporate strategies to boost this attribute in your office. 

What Is Collaboration? 

Collaboration is when the team members work together, combining their skills and capabilities to reach company goals. That seems easy to achieve in a company, but it isn't as simple as it sounds. 

Workplace collaboration helps teammates grow, accessing new productivity levels, usually through interactions with more experienced workers. That used to be achieved via in-person meetings and brainstorming sessions in boardrooms, but things are different now.

With the rise of remote work, a wrench has been thrown into the gears that many managers are still figuring a way around. Since the shift to remote work, 52% of employees feel less connected to their coworkers, and this hampers collaboration. 

However, virtual collaboration in the workplace can be achieved with tools like Assembly, helping you gain these benefits even with a remote workforce.  Investing in these tools optimizes your business and opens you up to the advantages of collaboration. 

What are the five benefits of good collaboration in a company? You ask. Frankly, it is so essential to your business that we'll give you ten. 

What Are the Ten Benefits of Collaboration? 

More effort should be put into developing collaboration strategies in the workplace, and the statistics prove it. According to Zippia, 75% of workers believe collaboration is necessary for their work. Sadly, only 9% of these employees report that their workplace has effective collaboration tools. 

This means that many companies are missing out on the benefits of collaboration, with some of the most significant listed here:

1. Increase in Communication

Communication and collaboration in a business go hand in hand. The benefits of both to your business are outstanding, and it's almost impossible to do one without the other. A strategy designed to enhance teamwork and collaboration in the workplace would be a very effective method of promoting communication. 

When teammates collaborate on shared goals, they gain a stronger connection with each other, which helps them communicate better. This enhanced communication would significantly impact your company's performance metrics. 

With solid communication practices, your company is 3.5 times more likely to outperform its peers. A good collaboration tool like Assembly is vital to achieve this. 

Assembly is a modern intranet software that can be leveraged to enhance collaboration in your business. Its social user interface and seamless integration into your existing knowledge bases streamline your communications. That ensures knowledgeable and impactful relations between workers that move your company forward. 

2. Increase in Productivity

'Teamwork makes the dream work' is one saying that managers have repeated for years. While we might be tired of hearing it, it still rings true. 

When teammates work on goals together effectively, it enhances their productivity. Collaboration on a project enables a team to divide the work and allocate duties according to individual strengths. 

In addition, some workers may be motivated to improve on some unproductive habits when on teams with high-performing coworkers. By placing underperforming employees on teams, you can improve their work ethic. 

These improvements will all lead to increased productivity for each employee. An effective team is worth more than the sum of its parts as teammates get each other to grow and develop. 

3. Enhanced Efficiency 

Increased collaboration in a company is bound to increase efficiency. With more hands on deck, less time is spent to achieve milestones. Work can be delegated to employees, splitting huge tasks into smaller and easily manageable bits. 

This enhanced efficiency is excellent but is only beneficial when all team members are on the same page. This is done by keeping each member informed at every step of the way, and that can only be achieved if the teams share their contributions in a unified space. 

That is difficult when teammates use different avenues to get the information necessary for their work, as in many organizations. However, this can be achieved with a collaborative tool like Assembly that unifies all your company's communication on one platform. 

Coveo reports that employees spend an average of three hours each workday searching one to six sources for information to do their jobs. Imagine how much work could be accomplished in that time.

Assembly helps you access all your company's information centers with a simple search bar. With this tool, employees would not need to look elsewhere for help. 

4. Engaged Employees

Engaged employees are vital to every organization. These workers significantly impact the company's performance, which is why many businesses invest in employee engagement strategies. 

An engaged employee feels like they are part of a community. They are happy with their place in the company and feel like essential parts of the organization. These workers are more likely to go above and beyond for the company and unlikely to quit. 

Improved collaboration with coworkers can foster that sense of community. It allows employees to put down roots in the company by sharing ideas and developing relationships. Reaching milestones and growing together is a great way to increase employee engagement; better collaboration helps with that. 

5. Improved Employee Culture

Every business has an organizational culture, whether you know it or not. It cuts across all facets of your business and is evident in how you conduct your daily activities. No, it isn't your mission statement or the company's vision and goals. 

Your organizational or employee culture is the set of rules, beliefs, values, and even attitudes that people in your workplace share. Many factors determine your culture. It can be seen in how the management reacts to crises, how the leadership communicates with employees, and the goals they emphasize. 

For example, Company A may value results above all else. They have a clear line between work and personal life. They'd also prefer a more traditional office setting with employees in professional business clothing and a hierarchy. 

Company B, on the other hand, is less focused on the hierarchy and more on freedom. They prefer your work life to be personal and encourage after-work meet-ups. 

A company's culture is an important aspect that prospective hires look to when applying for positions. A strong and clearly defined culture attracts talent that fits it, and one way to build that is with enhanced collaboration. 

Collaboration in the workplace consolidates your employee culture. With older employees having constant relations with new hires, you can naturally ingrain your culture into them. That would make your company more attractive to new hires in the long run. 

6. Real-Time Feedback

Feedback is a great way to enhance an employee's growth and skill. Employees would keep up with bad habits and undesirable traits until the management corrects them. However, without collaboration, those mistakes can go on longer, leading to more corrective work when they are finally discovered. 

Feedback is not always negative, though. When an employee exceeds expectations, it is prudent to give them credit. This is because recognition and rewards for well-done jobs are great motivators for employees. 

Increased collaboration gives your managers more chances to pinpoint these periods of brilliance and reward the workers appropriately. A collaborative tool like Assembly can help with this. 

Assembly provides employee feedback with an expansive rewards center. This enables your managers to rate your employees' efforts and vice versa, with gifts awarded when necessary. You can access 100+ retailer gift cards and swag for your milestone-toppling employees. 

7. Efficiently Share New Ideas

One great benefit of collaboration is that it exposes the team to new ideas and perspectives. People from different backgrounds and skill sets are bound to tackle an assignment differently. This diversity is the breeding ground of many great ideas. 

This exposure to fresh ideas helps your workers to learn from each other and develop in their fields. That leads to increased productivity and is a great reason why effective collaboration in the workplace is necessary. 

For enhanced collaboration, these ideas should be encouraged. Assembly does this with its idea portal, which collects input from your entire organization and unifies it in a single place. Team members can develop improvements to the current state of affairs, and some brilliant ideas are gotten that way. 

8. Effective Problem-Solving

When you encounter a tough spot in a project, asking for help and advice from others is usually a great way to go. However, this shouldn't be the last resort. Your workplace should encourage collaboration through team building. 

More eyes on a project would observe it from varying angles, giving a more complete view of the problem. With different perspectives, a problem may become less of an issue than it seemed. 

That is more important in decisions that can affect customer satisfaction. With multiple perspectives from diverse employees, some problems can be solved or avoided before they become severe PR nightmares. 

9. Efficient Meetings

With many offices transitioning to remote work, one would think there'd be fewer meetings, but the reverse is the case. 61% of workers reported an increase in the frequency of meetings since moving away from the workplace. 

The sad part of this reality is that most of these meet-ups are unnecessary. Most times, you end up with meetings to have more meetings. All these ineffective meetings are scrapped with enhanced collaboration tools in the workplace.

Digital workplace collaboration tools like Assembly are vital in streamlining meetings. Announcements can be quickly published on the general news board. Employee feedback and suggestions can be collected through surveys and the idea portal. 

With these avenues, your employees can avoid the hassle of meetings and spend that time productively. 

10. Eliminates the Vertical Hierarchy

The higher-ups in many organizations are usually inaccessible to the average employees. These higher levels of the company are isolated from the workers by a lot of red tape, which can harm the business in many ways.

Employees may become hesitant to approach higher-ups for help or with ideas due to the hierarchy. People on the higher levels usually make decisions. That means that requests are passed up, and the employees must wait for the response to be sent down before taking action. This can lead to missed opportunities. 

With enhanced collaboration, the vertical hierarchy is eliminated. Your staff no longer need to muster up the courage to speak because they are used to collaborating with coworkers. This builds a culture that encourages openness and can boost employee engagement. 

Foster Modern Workplace Collaboration with Assembly

Successful collaboration in the workplace is critical, and its benefits are evident in every aspect of your business. Once your entire workforce moves together towards your company goals, achieving them won't be difficult. 

We know that putting people of different backgrounds together on a project can cause some friction. However, the increase in productivity and boost in employee engagement are two advantages that are difficult to pass up. 

One easy way to foster collaboration in your company is by employing a modern communication tool like Assembly. With our software, you get an all-in-one suite that lets you access all your existing knowledge bases, extensive communication, and an excellent user interface. 

An intranet that gets your workers to collaborate effectively is invaluable to your company's growth. Go for Assembly and revitalize your workplace collaboration today.