Effective Team Collaboration Is More Important Than Ever — Nurture It For Better Business Outcomes

— VP OF PRODUCT MANAGEMENT AT A FINANCIAL SERVICES ORGANIZATION “[Adopting collaboration technology] has been very helpful and is used for any project management, technology, and business communication. It makes things easier and you’re not dependent on someone to go ahead and give you an update.” Connected Technology Helps Overcome Distributed Work Challenges Effective teams are nearly twice as likely as less effective teams to say their business and technical groups use many of the same tools. Turning to a connected system of work is part of how these organizations overcome challenges with modern work environments. For example, highly effective organizations are much less likely to struggle with an increasingly distributed workforce and less likely to struggle with collaboration across teams. Effective Organizations Manage Collaboration And Distributed Work Challenges Better Distributed work has created new challenges for teams to work together Teams are far more effective at collaborating within their own teams than with other teams More teams than ever are involved in bringing products and services to market High effectiveness teams Low effectiveness teams 79% 77% 76% 18% 29% 25% © FORRESTER RESEARCH, INC. ALL RIGHTS RESERVED. 18 19 Base: 670 global employees in LoB, development and IT Ops who work on delivering products and services. Source: A commissioned study conducted by Forrester Consulting on behalf of Atlassian, March 2023.

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