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The speed of change organizations face is continuously increasing, fueled by heightened customer expectations, growing employee needs, and swiftly evolving markets. To adapt, organizations must ensure their teams work together as effectively as possible — yet, while most respondents recognize how important collaboration and teamwork are, very few realize the benefits. 

This study examined team effectiveness, focusing on three key pillars:

- Goal alignment: Are expectations, progress, and outcomes well understood? 
- Planning and tracking work: How well is everyone, from leaders to individual contributors, able to track the progress of where key projects are today and what’s next? 
- Knowledge sharing: Does critical information flow across and between teams so everyone has shared context and can find information easily?

Organizations can avoid the pitfalls of poor team collaboration when they properly invest in these areas. Beyond avoiding negative consequences, effective organizations will experience increased product quality and more positive business outcomes for their employees and customers.