There are many benefits of high performing teams. In creating high performance teams, employees become more satisfied, and their quality of work improves. Taking the time to build high performance teams in an organization creates loyalty, creates visibility, enhances collaboration, and provides optimum productivity.
Creates Loyalty
Developing high performing teams instills intrinsic motivation within employees. They find meaning in their work, and this satisfies them more than extrinsic motivators, such as commissions. When employees are intrinsically motivated at work, they are less likely to leave the organization. Satisfied employees are loyal, and loyalty reduces turnover. It ensures that only qualified employees staff the organization. Success is assured when qualified employees have a genuine interest in the success of the business.
Optimum Productivity
Creating high performance teams will lead to optimum productivity. This benefit goes beyond numbers on reports. Optimal productivity begins with the behavior of individual team members who learn to trust each other. As trust builds within the team, the individual members will work together more efficiently. As the team learns to work together, their roles become clear to them, and they communicate better. All of these factors help to create an amiable work environment. As the work environment improves, productivity will also improve, and the path to optimum productivity becomes evident.
Collaboration
Collaboration is both a product of high-performance teams and an essential aspect of them. Collaboration occurs when the members of the team work together towards a single goal. Successful collaboration requires everyone involved to respect and encourage diversity. This includes the diversity of opinion and people. Respect is the key to collaboration. Conflicting ideas are inevitable, but beneficial solutions are probable when all parties treat each other with respect and learn to see from different points of view.
Creates Visibility
High performance teams create visibility. The actions taken by each member of the team need to be apparent to everyone involved, particularly the manager of the team. When there is visibility, teams work better together. Additionally, people are praised and rewarded when their actions are visible.
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