Teamwork skills are increasingly prioritised by managers across business sectors. Here’s why working in teams is so important in business school and beyond.
Team dynamics help businesses become industry leaders, enhancing employee engagement across all levels of the corporate ladder. Improving office output and culture, teamwork is increasingly prized by employers across a number of sectors. According to a study by Millennial Branding and American Express, 86 percent of managers predicate promotions upon strong teamwork skills.
Top management degrees prepare students to thrive in teams, instilling the benefits of collaborative work and learning. Beyond office dynamics, teamwork enhances personal development and builds all-important professional networks. In business school, teamwork can consolidate knowledge and prepare students for the realities of the workplace in ways not teachable through independent study.
Are you curious about the benefits of working in teams in business school and beyond? Keep reading to find out more.
Teamwork is an Opportunity for Learning and Personal Development
Pooling knowledge and problem-solving abilities, teamwork has been shown to improve individual learning and academic success at the university level. When properly structured, group projects can help students learn and develop skills faster than they would through independent study. Team dynamics place students in productive dialogue with their classmates, encouraging them to challenge assumptions and evaluate their ideas. With the possibility of group exchange, students are more likely to defend good ideas – and see the flaws in bad ones.
Teamwork teaches students trust and accountability in high-pressure scenarios
Consolidating knowledge, group work also imparts important skills for personal growth. Students are more likely to take on difficult tasks in teams – challenging themselves with the backing and confidence of group resources. Thus, group dynamics help students define their individual talents, as they learn what makes them most valuable. Team projects can also improve task planning, time management, critical thinking and communication abilities – essential skills for academic and professional success.
Group Work Prepares Students for Professional Business Environments
While beneficial to all students, team dynamics are perhaps most important in business school. Teamwork prepares management students for high-paced professional environments, from start-up offices to top company boardrooms. According to Harvard Business Review, the amount of time spent on collaborative activities between managers and employees has grown by over 50 percent in the past two decades. Thus, managers and recruiters now look for employees with strong teamwork abilities to round out ‘hard skills’ like statistical analysis, finance and accounting training, and marketing expertise.
Management programmes can prepare students to be effective members of business teams, teaching them to set and coordinate group objectives, express their needs, and provide constructive feedback. While applying for jobs, graduates are advised to detail team experience on their CVs and prepare to discuss any group work experience during interviews. Since they are hiring future colleagues, employers will be looking for examples of collaboration and teamwork during your studies – an effective simulation of professional team dynamics.
Teamwork Builds Crucial Networks in Management School and Beyond
Finally, team dynamics help students build crucial networks both during and after a management undergraduate programme. Forging trust, respect and friendship, group work can be an ideal foundation for professional networks among similarly-minded business professionals. These networking benefits are heightened in international schools like ESCP Europe, where students work closely with classmates from around the world.
College networks can also introduce students to an extensive alumni community
As future business leaders, management students are great additions to any professional network. Student networks can yield crucial information on jobs and internship opportunities, as well as professional insight tailored to today’s economic climate. Group projects and teamwork present organic opportunities for network-building, preparing students for long-term professional growth.
Are you ready to develop crucial business skills with a leading management programme?
Contact ESCP Europe to learn more about our BSc in Management!