This document summarizes research on team development and its impact on organizational effectiveness. It discusses two well-known models of team development (Tuckman's five stage theory and the punctuated equilibrium model) and how researchers have expanded on these models. Researchers have found that team development is important for both individual and organizational goals. It allows individuals to fulfill needs and solve problems through collaboration. For organizations, team development fosters innovation and accomplishes complex tasks. However, researchers note that team development is influenced by other factors like perception, conflict, and biases.