We already know the Cost of Avoidance is $1,500 & and 8 hour workday for every conflict we avoid, which, for an organization of 250, costs a minimum of $200,000! If you thought that was steep, get ready in this week’s Lucrative Lookback to see the baseline cost of dysfunctional teams.
I’ll give you a second to take a deep breath and really get comfortable. We’re heading into 7 figures here, folks!
Down to the business of team dysfunction.
Raise your hand if you’ve ever been on a dysfunctional team, or have witnessed one first hand.
Now, raise your hand if you thought that was/looked like fun!
No one? *Cue Sarcasm* How odd!
In all seriousness, dysfunctional teams are the bane of every stakeholder’s existence. They look bad, they feel worse and their performance is even more dismal than that…if you even want to call what they are doing performance.
This infographic sums up the baseline financial cost of dysfunctional teams in an organization of 250 people:
That number is a bit sobering, especially considering this is not a large organization! Keep in mind, this is only the baseline financial cost. It doesn’t even include the estimated $200,000 from conflict avoidance!
Other detriments that aren’t calculated above include:
- Lack of trust & safety
- High levels of disengaged employees
- Wasted time gossiping, avoiding conflict etc.
- High turnover
- Knowledge gaps
- Lost faith in leadership
- Poor internal mobilization
- Missed opportunities
- Low morale
- Stress/health problems
- Poor teamwork
Calculate your costs.
Infographics are great, but sometimes it’s hard to find them relatable. Perhaps you’re in an organization larger or smaller than 250. Maybe, as a leader or employee, you feel you actually spend MORE time dealing with these issues than the averages presented by the research.
Better yet, maybe you’d like to plug in some real life numbers so you can make this cost tangible for your organization.
By knowing the very basic costs, you can justify spending time & resources on solutions.
Our Cost Calculator is a simple to use plug-n-play spreadsheet based on validated research! Customize the numbers to reflect your organization specifically, and understand the true impact of dysfunctional teams on your bottom line.
Do more than just survive.
After you start running the numbers, you may begin to feel dismayed. That’s a lot of money on a seemingly unsolvable problem, right? Luckily, it’s not. There are solutions for teams willing to put in the work!
Ineffective & poor communication are hallmarks of team dysfunction.
Join us for our new course launching in 2017, Conversation Mechanics: How to Talk About It!
Subscribe for a discount & turn dysfunction on its head today.
*Data provided by CIPD Research & Stamford Global