How can companies ensure that recognition of individual achievements does not create a sense of competition or undermine team collaboration within the workplace?

Companies can ensure that recognition of individual achievements does not create a sense of competition or undermine team collaboration by emphasizing the importance of teamwork and collective success. They can implement a balanced recognition system that acknowledges both individual and team accomplishments. Encouraging open communication and transparency about the criteria for recognition can also help mitigate any potential negative effects. Additionally, fostering a culture of support and camaraderie among team members can further strengthen collaboration and prevent any negative impacts of individual recognition.