When two or more people work collectively in a collaborative and teamwork setting, they will bring more to the table than a single person alone can think of on their own.  In business, it's vital to have more perspectives and ideas with which to brainstorm in today's society. It also helps morale by giving each member a sense of purpose. Together, teams are more productive in general. Because collaboration has been shown to improve workplace morale and employee satisfaction, it also results in higher employee retention rates and lower separation rates.