A Showcase of Teamwork Enhancement through Teambuilding Activities in Vietnam

Teamwork has been regarded as an important vehicle for an organization to achieve success. Many leading enterprises around the world have implemented programs to promote their staffs¡¯ teamwork spirit. In the Vietnamese context, leaders tend to focus on improving corporate government in which enhancing human resources and collaboration among employees is a need. Thus, promoting culture of teamwork to adapt to the fast changing market-driven economy in these enterprises has become a significant factor for their survival. This paper provides a showcase of the enhancement of the teamwork through a teambuilding program in Ho Chi Minh Stock Exchange (HOSE) in 2014. Two hundred and one participants divided into six teams attended the program and underwent teambuilding activities and team performances. The findings elicited from observation data showed that the program was successful in building and improving the culture of teamwork across all the six teams in light of team membership, team problem relationship, team problem solving, team leadership and organizational environment. The success of this activity made a significant contribution in enhancing intimate relationships among HOSE¡¯s employees. Based on the results, recommendations are given to improve organization¡¯s culture of teamwork through implementing teambuilding activities.