Successful companies are the result of a consistent and high level of team performance, which allows them to outwork their competition and enjoy economies of scale. However, modern-day organizations are finding it increasingly harder to come across leaders that can deliver such performance. In fact, research shows that 70% of U.S. based employees do not work at their full potential. And to add more fuel to the fire – 52% of these workers are only concerned about their paychecks, they have no interest in what goes on in the workplace. These actively disengaged employees cost companies $960 billion to $1.2 trillion per annum in lost productivity and poor management.
Modern leaders must understand how to inspire and motivate their employees, which requires taking a proactive stance when it comes to managing their subordinates. They have to become the driving force behind growth and coordination in the workplace – focusing on company priorities as well as the individual goals of each employee. It is well-known fact that the key component of a successful business is a good and functional team, so it is important to create an atmosphere in which employees feel appreciated, more productive, and motivated to give their best so that the company could grow and be more successful. Only with the right leadership team in place can we expect to create a workforce that feels empowered to play their role in the growth of the business.
Here are some expert tips on how to go about building a high-performance leadership team:
A Quick Guide To Building A High-Performance Leadership Team
Directors and other senior leaders who have team-developing leadership skills, know just how to create active and high performing groups of managerial leaders. The trouble is that they can’t force anyone to be a good leader – however, they can implement processes that help these teams come together and be more productive together. Some employers spend a lot of money on hiring professional trainers to help them develop their team. Sometimes that may not effect significant changes in the team’s performance, but sometimes is very much needed.
Here are three simple, practical and easy-to-implement tips for creating a high-performance leadership that will work together not just for the betterment of the business, but also to bring employees together under their robust governance.
1. Prioritize Learning And Education
John F. Kennedy said, “Leadership and learning are indispensable to each other.” Your managers may have the drive and charisma to be born leaders, but there is plenty they don’t know about. Learning allows leaders to integrate the required expertise that allows them to exert influence and control over employees. If possible and needed, education assistance is welcomed. Taking advantage of that, can earn you a lot. By encouraging development of your employees, you equip them with the skills and knowledge to improve their performance.
According to impactfactory when it comes to evaluation, honestly assess their talent and abilities – then motivate them to work on themselves. Programs such as this comprehensive leadership course impart the necessary skillset to help you build leaders who can contribute to their teams effectively. Promoting your employees to managers is not necessary in order for them to be leaders. You can even assign leadership roles just for certain projects, depending on the skills and education of each employee.
2. Define Intended Goals
As Theodore Hesburgh said, “The very essence of leadership is that you have to have vision. You can’t blow an uncertain trumpet.” Make sure your leadership team understands its purpose – this involves informing everyone of what is required from them and how that contributes to the company’s overall vision.
Do not assume that just because they are the best of the best, that they already understand their purpose for bringing them together. Create clarity and alignment, and the team will be better equipped to deal with any uncertainties as they arise.
By creating specific, measurable, achievable, and reasonable goals, and also by making sure each employee knows what is expected from him, the company’s productivity and earnings will grow. You can even make everyone work together to develop goals and come up with methods to reach them, or you can determine your top priorities and let others know what the goal is and how to get there.
3. Encourage Communication
Leadership isn’t about blindly pressing forward with set ideas and decisions – teach your leadership team that and also practice it with them. Ask them for their perspectives, opinions, ideas, and vision for the company. Better yet, include your leadership team in strategic planning meetings. The team may not have a lot to contribute at the start since they are new to this, but they’ll add a great deal to the plans as they get used to seeing the bigger picture. Whether it is the tiniest issue or a relatively large argument, failing to address disputes between two or more employees can quickly turn a disagreement into an unproductive team. In smaller teams, it is easier for every member to be heard, which affects everyone and leads to making less-poorer decisions.
The leadership team is a part of your workflow, and their advice and recommendations can help you make well-informed decisions. There is a high chance you may learn new things and better ways to enhance productivity and efficiency.
Communication is very important for completing tasks effectively. Keep in mind that the lack of it would get your workforce nowhere.
The Bottom Line
All in all, to keep the workforce engaged, a leader has to go above and beyond to build high-performance self-functioning teams, which are ready to face all challenges with resilience. However, having high-performance teams means better productivity, bigger growth of the company, and the boost of business revenue.
It may not be easy to follow through on the actions recommended here, and each aspect of team building will bring its own trials. But if you want to succeed in business, it is critical to have a team of leaders who can bring your vision to life.