Although teamwork has always existed in organizations, its role in creating a successful and competitive business is increasingly discussed today. These discussions raise the question of what characteristics a team should have in order to successfully achieve the goals for which it was formed. The conventional wisdom is that team members must have similar skills, abilities, and knowledge in order to successfully influence the achievement of organizational goals. Although complementarity among team members is very important, it is only a small part of what makes a successful team. Every team needs a good and courageous leader, regular two-way communication, exchange of ideas and information, and a clearly defined goal to avoid ambiguity and misdirection during teamwork. Communication among team members and between the leader and members is the foundation of any successful and functioning team. In addition to communication, a very important component of any team is a capable leader who knows how to lead the team, but also appreciates the ideas and innovations that the team offers him. Every successful company knows how important it is to motivate its employees, and teamwork is one of the best means by which companies can empower their employees and give them the opportunity to express their own ideas, values and innovations, thereby increasing both individual and company productivity.