As a business leader, building an extraordinary team takes commitment, hard work and courage, but it brings many tangible benefits that are well worth the effort! Here are seven reasons to build an extraordinary team:
- Teamwork enables synergy. In today’s fast-paced, every-changing business environment, all leaders are tasked to do more with less. Great teams contribute more than the sum of each team member, allowing your organization to move forward faster.
- Teamwork provides the ultimate competitive advantage. According to best-selling author and executive consultant Patrick Lencioni, teamwork is the “ultimate competitive advantage, both because it is so powerful and so rare.” I couldn’t agree more and if you want to learn more about how this works, register for my complimentary webinar: How to Eliminate Dysfunction and Build a Cohesive Team.
- Your people will enjoy work more as part of a great team. And we know that happy team members lead to happy customers. Happy customers spend more and refer more business to you. And that means your business grows.
- Effective collaboration is more important than ever. One study published by Harvard Business Review found that “the time spent by managers and employees in collaborative activities has ballooned by 50 percent or more” over the last two decades and that “at many companies, more than three-quarters of an employee’s day is spent communicating with colleagues.”
- Teamwork enhances problem solving. Studies show that “groups innovate faster, see mistakes more quickly and find better solutions to problems,” according to a recent article in the NY Time Magazine. Teams that brainstorm together are more creative and more innovative.
- Being part of a competitive team increases personal productivity. “A rising tide lifts all boats.” Great teams encourage each member to contribute at their highest level because no one wants to be the reason the team fails and no one wants to let the rest of the team down. Read The Boys in the Boat for a great example of this, as well as a great story.
- Building a team builds leadership. And, since the leadership capacity in your business forms the ceiling on your ability to grow, the more leadership you have at every level of the organization, the better. Your own leadership ability and credibility will grow in relation to growth of your team. And you will be in a better position to build leadership in others.
It’s important to always be working on building your team and I can help you with that. If you would like to learn more about building a cohesive team, register today for my free training: How to Eliminate Dysfunction and Build a Cohesive Team.
And, in the meantime, as always, I’d love to hear about your experiences with extraordinary and dysfunctional teams!
#teamwork #competitive advantage #leadership #deliberateleader