Introduction to Leadership Development
Leadership development entails nurturing, encouraging, incubating, and mentoring prospective leaders. In many organizations, the HR department in conjunction with senior management identifies potential leaders or fast trackers who are capable and ensures that they are motivated and encouraged to give their best. This form of mentoring and coaching of future leaders happens through organizational commitment […]
Leadership Strategy – Which Leadership Style to Follow?
Without an effective leadership strategy, it is believed, that the organizational strategies do not work. Best players in a team do not guarantee success without a great coach, similarly, work teams may not function effectively if leaders do not follow an appropriate leadership strategy. To understand leadership styles here are three scenarios: Scenario 1 – […]
Why the Flood Insurance Market should be Privatized?
In the United States, the government of the United States is the biggest player in the flood insurance industry. This has been the case ever since the National Flood Insurance Program (NFIP) was created in 1968. Prior to 1968, many private insurance companies refused to provide private insurance to homeowners who had houses in flood-prone […]
Women and Leadership
Unlike male leaders, the reference point for a good leadership has been inadequately defined for women leaders. The traditional and concretely defined gender roles in the society have also influenced the research and findings on women leadership, a role, which is divorced from the stereotype roles identified for women. So, it becomes rather challenging for […]
Marginal, Incremental and Component Value at Risk (VAR)
In the previous articles, we have studied how the value at risk (VaR) models should be used to calculate risks. However, the calculation of risks is not the ultimate end goal. Instead, it is efficient management of this risk that makes the value at risk (VaR) model valuable. Let’s assume that in a particular instance, […]
There are some tasks which can’t be done alone. Individuals need to come together, discuss things among themselves and work together towards the realization of a common goal. The individuals forming a team should ideally think more or less on the same lines and should have similar interests and objective. People with absolutely different tastes can’t form a team. Their goals have to be the same.
Every team is formed to achieve a predefined goal and it is the responsibility of each and every member to contribute his level best and accomplish the assigned task within the stipulated time frame. The team members must complement each other and come to each other’s help whenever required. Individual performances do not matter much in a team and every individual should strive hard and work in unison.
The team members don’t start performing from the very beginning, they need time. It is not always that all the members would perform equally. Some of them might not get along well with their team mates or have other issues with each other.
Individuals sometimes find it difficult to adjust with each other and as a result their performance suffers. Any individual fails to perform; the complete team is at loss. Team management activities ensure that all the team members work together on a common platform for a common goal.
Team management refers to the various activities which bind a team together by bringing the team members closer to achieve the set targets. For the team members, their team must be their priority and everything else should take a back seat. They should be very focused on their goals.
Let us understand Team Management with the help of a real life situation.
Maria was representing the training and development vertical of a leading firm. Joe, Kathy, Sandra and Tim were reporting to Maria and helped her in designing the various training programs.
Maria left no stone unturned to ensure that all her team members were satisfied with their job responsibilities. The workload was shared equally among four of them. Ideas were discussed on an open forum and each of them contributed to his level best. They went out for movies and stayed in touch even after work.
Maria being the team leader was actually responsible for bringing her team members closer so that none of them feels left out and all are motivated to deliver their level best.
With the help of the team management activities, she managed to create a positive ambience at the workplace and promoted healthy competition in her team.
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Common Barriers to the Successful Functioning of High-Performing Teams
February 12, 2025
