Advantages And Disadvantages Of Team Work

Advantages And Disadvantages Of Team Work

After forming our team, we vote a team leader to lead the team. The team leader is in charge of formulating and delegating the tasks according to the strengths of individual members. This form also allows team members to be organised on comparative advantage grounds with each members operating in their area of specialisation resulting the lowest opportunity cost during the project process. For example, some excel at coming up with the creative ideas, while others who are more meticulous can work out the small details and there are those who have the ability to communicate the overall big picture to the rest of the team.

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There are also others who can be counted on when it comes to implementing and follow through the whole project. Others who can speak well will be nominated to present. The key takeaways is that when a team work together, it has a huge range of skills available that can be tap on and utilise to deliver the best results. Using this approach, valuable time will be put to good use, leading to achieving maximisation of the end product. Next, speed is very crucial is finishing the project as we are faced with a tight schedule.

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Beside the deadline to meet, we also need to accommodate to each members schedule as most members are working. For example, our project that required intensive research, implementing it and pulling together as a whole proposition is allocated to one member to complete it; it could take more than the required time to complete the project. And due to the heavy workload on the particular member, there is also a high possibility of achieving sub- standard for the project. Therefore working in team enable the group to split up the workload, ensuring that the project schedule will be completed on time.

Different members acquired different skills and knowledge. By utilising and mixing all of these different attributes in our team, more ideas can be generated during brainstorming session. As more ideas are generated, more creative solutions are generated, leading to better results. For example while discussing about our individual research in regards to Singapore employment key trends, challenges and issues during our brainstorming sessions; we are able to stimulate each other mind to generate ideas and solutions to our problems. During this period of discussion, transfer of nowledge will takes place as each member’s idiosyncratic information is shared among other members. And this idiosyncratic information is important as we are able to broaden our views and learn from each member’s knowledge and point of view. Discussions in a team are important to achieve creative ideas and solutions. However more than often this will also open up to a wide range of options which will result in a dilemma to choose the best solution. If we spend too much time figuring on choosing the best solution, we will remain stagnant and never move forward, impending on our project progress.

In this team situation, other members can act as a sounding board, vetting through the options and choose the best agreed solution that is most likely to achieve the purpose and goal of the project. Working in a team can also create both the right support and satisfaction needed to complete the project. For example, there are times when team cannot progress with the project due to reason like lack of ideas; members can relied on the camaraderie spirit, support and encouragement to ride thru the down period.

This significant energy is important in achieving the desired results. However working in a team has its kickbacks as well. There might be the possibility of the incentive dilution effect. In economic point of view, incentive dilution effect is caused by free- rider situation leading to the non-excludability of rewards. The free rider situation occurs when individuals in a group consume more or pay less than their fair share of a common resource, hence it will be hard to determine or measure free rider contribution to the team.

For example, each team member is assigned to different areas of research and findings; however one particular member did not perform to expectation and did not put in enough effort to perform the duties. Under such circumstances, non-excludability of rewards step in when this particular member rides on other members’ effort and hard work and claim contribution in making this project a success. Beside the free-rider effects, if communicating and understanding how each group member work has not developed, it may also pose a problem in completing the project.

As a result conflicts will take place; cooperation within the team will be hard to compromised, therefore leading to a high transaction cost of coordination. For example, lack of understanding and cooperating with group members might lead to using more time than required to complete the project. This is an example of high transaction costs. The lower the transaction costs is, the more benefits the team will gained. To counter the problems faced in working in a team, we can shrink the number of members to reduce the free-rider effects. As the larger the team is, the greater the free-rider effect would be.

In a large team, communication within group members may not be specific enough, resulting in issues not receiving necessary focus or attention. On top of that, if members are not performing to the duties assigned to them, resulting in diminishing returns, we can use the rotation policy to assign the duties to other members to increase the flow of information. In short, working in a team is definitely more beneficial as compare to working individually; there will be more outputs in term of higher efficient work rate and more creative ideas being generated to complete the project.

When we speak about teamwork, it is also about understanding how each individual member’s works and to tap on each member’s different ability and knowledge to produce quality work within the given deadline. However to achieve maximum benefits by working in a team, there are few issues like the free-rider effect and the risk of high transaction costs that needed to be manage carefully. If not manage carefully, time and resources like member’s knowledge will come to waste.

Why You Should Start an Online Teaching Degree?

Why You Should Start an Online Teaching Degree?

Have you ever wanted to study but hate the idea of waking up in the morning, rushing for class with your shoes in hand, and coffee to go and only to end up late for class because the traffic lights weren’t on your side? Or are you trying to make ends meet so you’re forced to work but still wish you could study? Is teaching something you’ve always wanted to do but can’t seem to keep up with lessons at a regular college?

Well, stop fretting, regretting and forcing yourself to make decisions, but instead, consider taking an online teaching degree.

There are many benefits that come with starting an online teaching degree. For instance, you get to study at your own time and pace. This is perfect if you’re working part time or even full time and want to continue your education. Also, if you think college lessons are too fast, then this will be perfect for you as well.
People who’ve got multiple commitments at work, with family and such, find it hard to stay on track with lessons so an online degree would be ideal because you don’t follow the lesson, the lesson goes in accordance to your time.

Besides that, there are many accredited institutions that give you the advantage of choosing any college you like no matter how far it may be.

You also don’t have to attend lessons in classrooms and get to study from the comfort of your own home at whatever time you would like as classes online are very flexible.

Also, you get to reach your lecturer with ease and submit assignments easily as well. As you don’t have to make appointments to meet them at the office, submitting work by email saves you a lot of time and gives you a chance to receive proper feedback as your lecturer will check it as and when they are free as well.
Another great reason why you should start an online teaching degree is because you get to save so much!

You learn without the need of extensive materials such as the books from the college library, lab fees, general college fees and so much.

You would only pay the fees of the course and enrollment fee and that too would be less than your regular college fee as you wouldn’t need to pay for facilities and such.

Besides that, you save on other things such as transportation cost, stationery and books. Generally, when you start college, you would invest in more clothing as well, but with online learning, you can skip all the different outfits for different days and save all that money too.

Furthermore, you get an interactive learning environment which might surprise you.

You may think it’s not possible without going to class and such, but with the internet available, there are chat systems and classes connected through podcast and web viewings. You would get the same experience of group work, just that you would have to do it online instead and use online tools.

So, why wait? If you’ve got the interest, create an opportunity and jump at it.