I also think a lot of praise should generally be a team thing too (but I also love this: "You can praise individuals, but you take blame as a team.")

When discussing success to an outside group (giving a presentation or something) or higher up (especially here!) you always use "we". Even if it is a section that only you worked on or you did most of the work. You can often pick out good managers by just seeing if they talk like this, if their focus is around what they individually did or what their team accomplished.

My point is, it is rarely a single individual's success when things work.