Common Barriers to the Successful Functioning of High-Performing Teams
February 12, 2025
In the previous article, we have explained why regulation is important for the insurance industry. We have also understood how the focus of regulation has changed from merely restricting prices to protecting the rights of the consumer. In this article, we will have a closer look at the solvency regulations i.e. the rules regulators create […]
The budget in its elementary form had been part of almost all monarchies of the history. There have been written documents regarding the existence of the state treasury, accountants and auditors who were employed by the monarchs to protect the royal treasury. The modern democracies have the legislatures playing an important role in the managing […]
What is Intrinsic Motivation and how does it tie in with the Great Resignation? Among the different types of motivation, Intrinsic Motivation, or the ability of individuals to motivate themselves according to their inner needs and higher selves, matters more than ever in the present Post Pandemic Times. This is because due to WFH or […]
What is Conflict of Interest and how does it arise? In recent months, we have seen a spate of scandals involving top corporate houses and sportspersons about how they have been implicated in conflict of interest issues. These scandals have dented the reputations of many corporate houses, media houses, and sports management companies. At heart […]
Culture and Group Behavior It is a known fact in management theory and practice that culture has a direct impact on group behavior. To elaborate, groups in organizations are comprised of individuals belonging to a common or a different culture. Therefore, it can be expected that the behavior of these individuals would depend a lot […]
It is important for any team to make an assessment of their current strengths. This will provide the basis for a plan in order to increase the effectiveness of the team in order to achieve the organizational goals.
Team contracts are meant to outline the ground rules for the team. It is important for the team leader to state what he wants in his team and what he does not want in his team.
Team contracts are created as well as monitored by the team. Any team contract primarily has a Code of Conduct.
This code of conduct may include:
Any team contract needs to lay down the Ground Rules for Participation:
Ground Rules have to be set for Communication also
There are many more ground rules which are laid down in a team contract in order to allow for a smooth functioning of the team. These will be discussed in another article.
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