Common Barriers to the Successful Functioning of High-Performing Teams
February 12, 2025
Irrational behavior of an individual against his colleague to tarnish his image and spoil his reputation at the workplace refers to politics. Office Politics is something which is inevitable. In every organization you would definitely find someone or the other indulged in politics to make his position secure at the workplace. Employees are involved in […]
Credit rating is an important and almost central part of the overall credit risk management function in any organization. Every major organization around the world has implemented credit rating in some form. In many companies, credit rating has been overtaken by credit scoring. Instead of providing a rough range about the creditworthiness of a prospective […]
Being a leader is not quite a cakewalk. Infact, to be very honest; managing people is one of the most challenging tasks. You really need to extract the best out of your team members and handhold them even in the worst situations. We all want to lead a team, but have we ever realized what […]
The entire subject of risk management is based on the ability of the manager to identify, value, and then mitigate the correct risks. Classification of risks is a vital step in this process. It is important to realize that there is no standard framework for classifying risks. Different people use different frameworks. One such framework […]
In the previous articles, we discussed how decision making in these times is fraught with risk, uncertainty, and ambiguity. In this article, we examine a key dilemma facing managers in these times when economic conditions are gloomy. For starters, managers face the unenviable task of returning high profits in a time of inflationary pressures. This […]
All individuals with a similar attitude and interest come together on a common platform to form a team. It is not always that an individual alone is capable of doing a task; sometimes he needs the guidance and suggestions of others as well. You need a team to accomplish a complicated task where every team member can perform something or the other as per his capability and contribute equally for the maximum output.
To extract the best out of a team requires not only hard work but also intelligence. Do not impose things on your team members; let them accept responsibilities on their own.
It is the responsibility of the team leader to delegate responsibilities as per the team member’s interest and specializations. Understand your team members well and assign them work they can best perform. Never be partial to any of your team members. Do not support anyone just because he is a friend.
It is okay if your team members leave for the day a little early as compared to other days. Don’t be too harsh on your team members. Allow them to take leaves in case of genuine reasons. Don’t adopt a “Hitler” approach at work. Be a little more understanding.
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