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Anatomy of a Great Business Team

Active Participants Mutual Respect Vision Adaptability Positivity Diversity Anatomy of a Great Business Team Bonded Support Recognition Risk Takers Leadership Defined Roles Communication Adaptability Trust Vision Support Mutual Respect Individuals need a vision in order for a business to thrive, A team that is supportive of one another makes a Members of a great business team know they must and a good team needs to have a collective vision or business run more smoothly. Team members offering be aware of others and their feelings. Being outcome they are working towards. It is said that if the help to others can reduce stress and help to clear up a considerate and respectful of other people is essential members of the team can't see how the vision will bottleneck of tasks that have built up. when working with others. impact them then either the vision isn't appropriate or the individual isn't the right fit for the team. According to LinkedIn, the most common names for CEOS are Peter, Bob and Jack for Evidence suggests gender-balanced leadership teams are more men, while female CEOS are most commonly financially successful. called Deborah, Sally and Debra. Communication Positivity Bonded A great team communicates effectively, sharing A positive yet realistic outlook helps a team remain While professionalism is important, the best teams knowledge with and seeking it from others. Good aware of what is possible and find ways to face and often realise that to work well together they must get communication allows individuals to understand what is overcome obstacles. A good team doesn't let one to know one another a little better. A friendly happening with the business or project; and fosters an failure keep them down, instead they're already finding atmosphere encourages a more positive working environment of openness. workarounds and focusing on positive changes. environment and can help individuals to collaborate more easily. It's argued that to found a startup you "Coming together is a beginning. Keeping together is progress. Working together is success." need just 6 people: the expert, the doer, the leader, the industry veteran, the sales person and the accountant. Henry Ford Recognition Accountability Diversity Recognising key achievements amongst team A good team holds itself accountable for its results - The best business teams have diversity in the form of members, or milestones for the whole team creates a good and bad. Often individuals on great business skills and personalities. While there will no doubt be a sense of achievement and that the hard work is driving teams don't just see themselves as accountable for need for some consistency in terms of levels of towards the vision. their tasks, but also for the overall outcome. Shared commitment and hard work, a diverse range of people accountability and commitment often makes teams allows for more creativity and innovation. strive harder to achieve their goals. "Never doubt that a small group of In 2014, the Harvard Business thoughtful, committed people can change the world. Indeed. It is the only Review named Amazon's Jeffrey Bezos as the best performing thing that ever has." Margaret Mead CEO in the world. Risk Takers Adaptability Leadership Successful teams know that at times it's necessary to While it's important for each member of the team to Strong leadership is vital in any team. A good leader will take calculated risks and aren't afraid of making have their own defined roles, the best teams are made get the most from their team by ensuring individuals changes and moving with developments. A great up of individuals who are willing to adapt and pick up know their role, what is expected of them and how their business team refuses to stagnate; instead they are something that might not be in their job description. The work impacts the business and wider team. The leader proactive. best teams' members take responsibility not only for will share in the successes and failures of their team. their own tasks but for the overall attainment of the goal. "Alone we can do so little, The 'perfect' business leader together we can do so much." tends to be six feet tall and over. Helen Keller Active Participants Trust Defined Roles The most successful teams are made up of people Most relationships are based on trust and that's no In a good business each member of the team who take an active role in everything from meetings to different with business. However, it's unlikely that trust understands their role and responsibilities. Without projects and offering up new ideas. Each member of will exist automatically; therefore it needs to be built defined roles team members are likely to become the team should feel comfortable and committed to over time. It's the team leader's duty to set the disillusioned and frustrated as they won't have any thinking up creative solutions to problems and working example and help cultivate an environment of trust autonomy or understanding of which tasks they are cooperatively. through openness, communication, support and responsible for. empowerment. Sources unum www.newsfeed.time.com www.universitybusiness.com www.smallbusiness.chron.com www.fastcompany.com www.fortune.com www.bluemts.com.au www.propertyweek.com www.unum.co.uk www.time.com www.hbr.org

Anatomy of a Great Business Team

shared by Unum on Jul 30
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The question of what makes a good team is as much debated in business as in sport; however we think we’ve finally cracked it. Our latest infographic explores the core characteristics of what makes a...

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