The term "team productivity" measures the output per unit input. In other words, it is the ratio of what a team produces to how much it takes to make that output.
You can measure the productivity of the team in many possible aspects. However, the most common measurement is dividing the team's total output by its total input. This information gives you a sense of how efficiently your team is working. Remote teams have become more productive as they can collaborate in real-time, share ideas and knowledge, and be more flexible with their work timings.
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In Conclusion
Businesses can increase their bottom line by tracking team productivity and improving performance.