Featured / Insurance Protection

Collaboration is Key in the Wake of COVID

As we face the uncertainty of the impact of the coronavirus pandemic on our economy, public safety and our individual health, we are all looking for assurances from our leaders and employers. One of the biggest factors that contribute to the success of any business is the ability to perform together as a team. With the recent uncertainty and increasing competition, it has become extremely important to encourage creativity and collaboration among your employees in order to improve productivity while also promoting both physical health and healthy employee relationships.

At Univest, we highly value our culture and truly believe it drives performance. We also realize that culture isn’t something that just happens – it needs to be defined and cultivated. We firmly believe that an engaged workforce who follows a common set of fundamental behaviors creates success. The Univest Way consists of 18 fundamentals that describe the daily principles and practices that make our five core values come to life and truly serves as the foundation of our culture.

One of my favorite of our fundamentals is “Collaborate.” Which the Univest Way defines as, “Break down walls, eliminate silos, and work together, for the good of Univest, your customers, and each other. Be there for each other and be willing to step into another role or help a co-worker when that’s what’s required for success. Help each other to succeed. ‘It’s not my job’ is not part of the Univest Way.” The phrase “we are all in this together” has represented our collaboration as a society as we’ve faced a pandemic and now as we are trying to come back together.

One of my favorite songs is “Unity” by Shinedown. The lyrics have resonated with me relative to collaboration as the band sings, “Shine a light in the dark/let me see where you are/’cause I’m not gonna leave you behind.” Life and business are all about partnerships – working together we achieve more than we can on our own.

Encouraging teams to work together towards a common goal by sharing their ideas and skills often results in employees who are more effective and efficient in their work compared to people who work on projects on their own. Collaboration is especially important to cultivate when teams work virtually, as many have had to over the past few months. The sense of team spirit is felt most strongly when victories can be shared. Employees are more likely to continue working for a business longer when they have strong ties with the people they work with and feel that they’re a part of something important. As the saying goes, “two heads are better than one.” Through collaboration team members can balance out each other’s strengths and weaknesses.

What is your company’s culture and engagement strategy? The employers who embrace the power of collaboration and have strategies in place to communicate their culture and promote employee engagement will be in the best position going forward.

An experienced employee benefits consulting firm like the team at Univest can identify which strategies are best for your company and create a roadmap to implementing them successfully. Not sure where to begin? An advisor at Univest Insurance can help you determine what is best. Please feel free to call us at 610.904.6029. We are all in this together and can help you determine the best approach.

 

Insurance products offered through Univest Insurance, Inc. are obligations of the issuing insurance companies, not obligations or deposits of or guaranteed by any bank and are not insured by the FDIC or any other agency of the United States.