Most of today’s organizations function in a team setting. These may be cross

functional or functional internal teams, client service teams made from internal
and external service providers, or other member compositions. Stability is
an essential component to the success of these teams. Why? Because teams go
through many stages before they become high performing — namely: forming,
storming, norming and finally, performing. Stabilty makes teams more
efficient and effective at doing their jobs.

In today’s recessionary, lay-off laden environment, stability is simply not a
reality. Does this mean organizations are going to suffer from less efficient
and less effective teams? Most likely. Now, more than ever, organizational
leadership must prioritize team building amongst it’s highest goals or risk
suffering an even greater setback from the loss of team members and the
environment of uncertainty we are in.

-Teambuilding Western New York Blog

I would also like to add a few points to this:

1. Teambuilding can also boost morale and can increase employee commitment and confidence in their company. I believe that by managers and business owners making the decision to have teambuilding programs conducted for their teams, that employees will be able to renew confidence and commitment in these times of uncertainty, thereby increasing productivity and success.
2. Business never is successful when everyone is just out for their own gain. In this economic downturn, people tend to fend for themselves, which means businesses NEED to pull their teams together.
3. Teambuilding is FUN! If nothing else, companies should conduct teambuilding programs just to escape from the normal stresses of life!

Check out our teambuilding programs, at www.ascentadventure.com