TEAMWORK AND EMPLOYEE PERFORMANCE IN MICRO DEPOSIT INSTITUTIONS; A CASE OF FINCA UGANDA LIMITED
TEAMWORK AND EMPLOYEE PERFORMANCE IN MICRO DEPOSIT
INSTITUTIONS; A CASE OF FINCA UGANDA LIMITED
- WAMANI Robinson Fabulous
Department of Accounting and Finance, Faculty of Business and Management, Uganda Martyrs University, Uganda.
Email: robinsonfabulous23@gmail.com
- OKELLO Apollo
Department of Accounting and Finance, Faculty of Business and Management, Uganda Martyrs University, Uganda.
Email:apollookello2010.ao@gmail.com
- KAGGWA Charles Richard
Department of Accounting and Finance, Faculty of Business and Management, Uganda Martyrs University, Uganda.
Email:kcharlesrichard@gmail.com
| A R T I C L E I N F O
Article Type: Research Received: 03, July. 2024. Accepted: 13, July. 2024. Published: 2, Aug. 2024.
|
A B S T R A C T
The purpose of the study was to determine the effect of teamwork on employee performance of FINCA in Kampala Uganda. The study was guided by the following specific objectives; i) to determine the effect of Team spirit on employee performance in FINCA Uganda ii) to evaluate the effect of team trust on employee performance in FINCA Uganda and iii) to evaluate the effect of team leadership on employee performance in FINCA Uganda. With 45 respondents, the study used a cross-sectional design and included qualitative and quantitative methods. The results indicated that Team spirit has a positive significant association with Employee performance (r = 0.631; p<0.01). Whereas team trust exhibits a positive significant association with employee performance indicated by a correlation index of r = 0.453; p<0.01 and team leadership has a positive significant association with Employee performance given a correlation index of r = 0.749; p<0.01 Similarly, results indicate Team spirit, team trust as well as team leadership exhibit positive contributions on employee performance of 14.7%, 10.1% and 60.8% respectively. On the overall, teamwork predicts 57.7% of positive variation on employee performance. According to the research’s findings, when teams with clearly defined responsibilities are permitted to function, employees perform effectively, which is reflected in the effectiveness of the company as a whole. Additional results include the fact that team spirit, team trust, and team leadership have all significantly improved employee performance. This indicates that each of these factors is a reliable indicator of worker performance. The following suggestions are made by the researcher; a condition when a group of people collectively depend on one another is called team spirit. The staff at FINCA Microfinance must put in place methods to build trust among team members; doing so will increase their operational capabilities, which will boost employee performance. |
| Keywords: Teamwork, Team Spirit, Team Trust, Team Leadership, Employee Performance
|
Reference
Agwu, M.O. (2015). Teamwork and employee performance in Bonny Nigeria Liquefied Natural Gas Plant. Strategic Management Quarterly, 3(4): 39-60.
Boakye, E.O. (2015). The impact of teamwork on employee performance, University of Ghana.
Okunribido, M.O. (2015). Intellectual capital and employee performance of selected manufacturing bottling companies in Lagos State. A Masters Degree Thesis of the Department of Business Administration, NnamdiAzikiwe University, Awka.
Walid, A.S. and Zubair, H. (2016). Impact of effective teamwork on employee performance. International Journal of Accounting, Business and Management, 4(1): 77-86.
Lakwo Alfred (2019) Rethinking the impact of microfinance in Africa: „business change‟ or
social emancipation, European Association of Development Research and TrainingInstitutes 0957-8811 Vol. 22, 4, 529–545.
Sonal Agarwal &TheophilusAdjirackor (2018). Impact of teamwork on organizational productivity in some selected basic schools in the Accra metropolitan assembly. Ghana Institute of Management and Business Administration.
Pamela A. Ooko (2019). Impact of Teamwork on the Achievement of Targets in Organizations in Kenya: A Case of SOS Children‟s Villages, Eldoret
Xiao, Y.; Hipel, K.W.; Fang, L (2020). Incorporating water demand management into a cooperative water allocation framework. Water Resour. Manag. 30, 2997–3012.
Munim, Z.H.; Saeed, S.; Larsen, O.L (2019). „Tool port‟ to „landlord port‟: A game theory approach to analyse gains from governance model transformation. Marit. Policy Managing. 46, 43–60.
Askari, G.; EshaghiGordji, M.; Park, C (2019). The behavioral model and game theory. Palgrave Commun.5,1–8.
Rajabali, A.; Reuben, J.M (2019). The Effect of Teamwork Development on Organizational Performance: A Case Study of Tile and Carpet Centre in Kenya. Glob. Sci. J., 7, 542– 558.
Sanyal, S.; Hisam, M.W (2020). The impact of teamwork on work performance of employees: A study of faculty members in Dhofar University. IOSR J. Bus. Manag., 20, 15–22.
Karanja, E.W.; Muraguri, C.; Kinyua, G (2019) Effects of Teamwork on Performance of the
Water Service Regulatory Board. Strategy. J. Bus. Chang. Manag 5, 1–6.
Septiani, D., &Gilang, A. (2017). The influence of teamwork on employee performance (in stateowned enterprise in Bandung, Indonesia). International Journal of Scientific & Technology Research, 6 (4), 81-84.
Phina, O. N., Arinze, A. S., Chidi, O. F., &Chukwuma, E. D. (2018). The effect of teamwork on employee performance: A study of medium scale industries in Anambra state. International Journal of Contemporary Applied Researches, 5(2),174-194.
Liza, O. (2017). Influence of training and development, employee performance on job satisfaction among staff in School of Technology Management and Logistics (STML, UUM). Doctoral dissertation, University Utara Malaysia.
Loeb, S., Dynarski, S., McFarland, D., Morris, P., Reardon, S., &Reber, S. (2017). Descriptive analysis in education: A guide for researchers. (NCEE 2017-4023). Washington, DC:
U.S. Department of Education, Institute of Education Sciences, National Center for Education Evaluation and Regional Assistance.
Lopez, S.P., Peon, J.M.M. and Ordas, C.J.V. (2015). Human resource practices, organizational learning and business performance. Human Resource Development International, 8(2): 147-164.
Manz, C. and Neck, S. (2012). Team think: beyond the group think syndrome in selfmanagingworkteams. Journal of Team Performance Management.
Manzoor, R., Ullah, H., Hussain, M. and Ahmad, Z.M. (2011). Effect of teamwork on employee performance. International Journal of Learning and Development, 1(1): 110- 126.
Mickan, S. and Rodger, S. (2016). The organizational context for teamwork: comparing healthcare and business literature. Australian Health Review, 23(1): 179-192.
O‟Brien, R.M. (2017). A caution regarding rules of thumb for variance inflation factor. Quality and Quantity, 41(5): 673-690.
Okunribido, M.O. (2015). Intellectual capital and employee performance of selected manufacturing bottling companies in Lagos State. A Masters Degree Thesis of the Department of Business Administration, NnamdiAzikiwe University,
Awka. Ooko, A.P. (2013). Impact of teamwork on the achievement of targets in organizations in Kenya. A study of SOS Children‟s villages, Eldoret. A Masters Degree Thesis Submitted to the University of Nairobi.
Pearce, R. and Robbins, S.P. (2017). Strategic Management Formulation, Implementation and Control. New York: McGraw Hill.
Rabey, G. (2013). The paradox of teamwork. Journal of Industrial and Commercial Training,
35(4): 158-162.
Robbins, S.P. and Judge, T.A. (2007). Organizational behaviour, Twelfth edition, New Jersey
Pearson Educational Inc.
Salas, E., Dickinson, T.L., Converse, S.A. and Tannenbaum (2016). Towards an understanding of team performance and training teams: their training and performance. PP. 3-29. (Accessed 4th Sept., 2015).
Stiles, P. and Kulvisaechana, S. (2015). Human Capital and Performance: a literature review. Judge Institute of Management, University of Cambridge, UK.
Tirmizi, M.A. and Shazad, M.H.S. (2019). Is it industry productive: a performance based investigation of IT Sector firms operating in Pakistan? International Journal of Business Management, 4(5): 29-44. Walid.
A.S. and Zubair, H. (2016). Impact of effective teamwork on employee performance. International Journal of Accounting, Business and Management, 4(1): 77-86.
Al-Jammal, H.R., Al-Khasawneh, A.L. and Hamadat, M.H. (2015). The Impact of delegation of authority on employees‟ performance at Great Irbid Municipality: Case Study. International Journal of Human Resource Studies, 5(3): 139-145.
Bartlett, K.R. (2018). The relationship between training and organizational commitment: a study in the health care field. Human Resource Development Quarterly. 12(4): 335-352. Bates.
R.A. and Holton, E.F. (2010). Computerized Performance Monitoring: a review of human resource issues. Human Resource Management Review, Winter, pp. 256-267.
Stiles, P. and Kulvisaechana, S. (2015). Human Capital and Performance: a literature review. Judge Institute of Management, University of Cambridge, UK.
Tirmizi, M.A. and Shazad, M.H.S. (2019). Is it industry productive: a performance based investigation of IT Sector firms operating in Pakistan? International Journal of Business Management, 4(5): 29-44. Walid,
A.S. and Zubair, H. (2016). Impact of effective teamwork on employee performance. International Journal of Accounting, Business and Management, 4(1): 77-86.
Okunribido, M.O. (2015). Intellectual capital and employee performance of selected manufacturing bottling companies in Lagos State. A Masters Degree Thesis of the Department of Business Administration, NnamdiAzikiwe University.