I find myself clicking too many times to get to a Microsoft list in a team, then switch to a specific file location (inside a folders) in another team, and then going to the chat area to talk with someone. This constant switching takes too many clicks.

I have an idea where you have favorites as tabs atop the app screen (arranged horizontally on the screen - similarly to tabs inside a Team) but for your whole account, where you can switch between the areas you pre-selected as favorites.