The Impact of Teamwork on an Organization’s Performance: A Cooperative Game’s Approach

Gholamreza Askari, Nader Asghri, Madjid Eshaghi Gordji, Heshmatolah Asgari, José António Filipe and Adel Azar
Additional contact information
Gholamreza Askari: Department of Mathematics, Semnan University, Semnan P.O. Box 35195-363, Iran
Nader Asghri: Department of Mathematics, Semnan University, Semnan P.O. Box 35195-363, Iran
Madjid Eshaghi Gordji: Department of Mathematics, Semnan University, Semnan P.O. Box 35195-363, Iran
Heshmatolah Asgari: Department of Economy, Faculty of Literature and Human Sciences, Ilam University, Ilam P.O. Box 69315-516, Iran
José António Filipe: Department of Mathematics, ISTA–Escola de Tecnologias e Arquitectura, Iscte-Instituto Universitário de Lisboa, Information Sciences, Technologies and Architecture Research Center (ISTAR-IUL), Business Research Unit-IUL (BRU-IUL), 1649-026 Lisbon, Portugal
Adel Azar: Department of Management, Faculty of Management & Economy, Tarbiat Modares University, Tehran P.O. Box 14155-4838, Iran

Mathematics, 2020, vol. 8, issue 10, 1-14

Abstract: In this article, we study the impact of teamwork on an organization’s performance, considering a cooperative game’s framework. To promote teamwork culture, performance indexes were considered both individually and collectively, and by comparing the scores that every employee earned individually and collectively, their differences became obvious. In this approach, a cooperative game’s model was used in order to improve the organization’s performance. The proposed model, in addition to evaluating the organization and employee’s activities, implemented all payments, including overtime pay, rewards, etc., fairly and along with increasing performance and satisfaction. The cooperative approach created effective communications between employees and authorities and enhanced their motivation for teamwork. Moreover, results could be used for decisions related to employees (such as promotion, transition, firing, and secondment), analysis of training requirements, employees’ development, and research and plan valuation. Our findings show that the collaborative coefficient (CC) is a key factor in increasing productivity and improving the efficiency of an organization in the long run. The collaborative coefficient is a new concept in teamwork that has rarely been considered in scientific research.

Keywords: collaborative coefficient; performance management; game theory; teamwork; Shapley value (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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