The growth of your business depends on how well your business is able to get things done, and comes down to some key factors. One of those key factors is the ability of the business owner or the executive leadership of the business to build a strong team.
You can see countless examples of the vital role that teams play in business growth. Many top performing companies have excelled in many areas. Yet, there are few factors that weigh as heavy in the realm of importance as a company’s ability to form a strong and productive team.
From a business perspective, the formation of a team is much like the assembly of professional sports teams. A professional sports team has a combination of skilled talent and experience joining forces and strive for the achievement of a common goal. Whether it is the execution of a single play during a game or the success of a winning season, team members work together to help the entire team reach its goal.
Much like professional sports teams, business teams also have to work together to reach success. Business teams combine a wide variety of skills and talent. These skills and talents help them achieve success.
Building a team requires consideration of several aspects to experience the success of both growth and productivity. Implementing the necessary steps for building a team can make a difference in the ability of your business to experience positive, organic growth.
Here are several important steps that will help you build a winning team:
- You cannot do it all by yourself. You have two options. You can either keep total control, or gain growth. The choice is yours.
- Hiring the right people is not enough. You have to build a strong team to help you reach your business goals. Find someone who will work well with the other team members and make a positive contribution. Ability should not always be the first thing you look at when hiring.
- Get comfortable with delegation. You need to give up some control to get the growth that you want for your business. You have to be able to empower and entrust your team to get things done.
- Keep and reward your top performers. Yes, you want to keep your team together, but you also do not want to lose productive talent along the way. Building a team includes recognizing performance along the way. This will show that you value the work that’s accomplished, and give your team something to work toward.
- Invest in your team’s professional development and training. As you work your way toward letting your team flourish, you need to ensure that they have all the tools and training they need to get the job done.
- Allow your team to learn from its failures. Let them learn the life lesson from any failure or loss. It will present a teachable moment for both you and the team to gain new insight or refocused vision.
By implementing these tips, you can lead your company’s team to success. After all your success will only be as good as the team that you build. You just have to be willing to do what it takes to get there.