Strategies for Leading High-Performance Teams Effectively

School

Rasmussen College**We aren't endorsed by this school

Course

MAT 4845CBE

Subject

Management

Date

Dec 12, 2024

Pages

Uploaded by CommodoreHyenaPerson761

Leading an Effective TeamNicole BicanicRasmussen UniversityMAN4845CBE: Leadership and TeamsBethany ValenteDecember 13th, 20241

Role and Behaviors of the Team •Formed naturally in the workplace with a formal structure•Examples include social or interest groups that emerge from common interests or friendshipsInformal Teams•Have a well-defined organizational structure with a clear hierarchy•Function based on specific rolls and responsibilities assigned to each memberTraditional Teams•Assembled temporarily to tackle a specific problem or challenge•Focused on identifying, analyzing, and solving issues withing an organizationProblem-Solving Teams•Comprised of individuals in leadership positions•Responsible for setting strategic direction and making high-level decisionsLeadership Teams•Operate with a high degree of autonomy•Members are responsible for managing themselves and their work without direct supervisionSelf-Directed Teams•Operate remotely, with member located in different geographical areas•Rely heavily on digital communication tools for collaboration and information sharingVirtual Teams2

Influencing the Team for Performance and Productivity•Purpose•Clearly communicate the team’s mission and how individual roles contribute to overall goals.•Regularly remind the team of the impact of their work.•Mastery•Provide opportunities for skill development and continuous learning.•Encourage taking on challenging tasks to foster growth.•Autonomy•Empower team members to make decisions about their work.•Allow flexibility in how tasks are completed to enhance ownership.Intrinsic motivators•Rewards•Implement a system of bonuses or incentives for achieving specific goals.•Ensure rewards are timely and directly linked to performance.•Recognition•Publicly acknowledge achievements in meetings or newsletters.•Offer personalized praise to highlight individual contributions.•Incentives•Set clear, achievable targets with associated incentives.•Use a variety of incentives, such as extra time off or flexible work arrangements.Extrinsic motivators•Regular Feedback•Establish a system for constructive feedback to help team members improve.•Clear Communication•Maintain open lines of communication to ensure everyone is aligned and informed.•Team Building•Organize activities that strengthen team cohesion and trust.•Goal Setting•Collaboratively set realistic and clear goals to guide the team’s efforts.Additional Practices3

Rewards and Compensation for the Team4Profit SharingDistributes a portion of company profits to employeesAligns employee interests with company successGainsharingRewards teams for achieving specific performance metricsEncourages collaboration and continuous improvementStock OptionsOffers employees the chance to buy company stock at a reduced rateAligns employee interests with long-term company growthOutcomes-Based RewardsLinks rewards to the achievement of specific objectivesMotivates employees to meet or exceed targetsDiscretionary RewardsProvides flexibility and personalization of rewardsIncludes bonuses, extra time off, or tailored benefits

Interpersonal Processes to Influence the Effectiveness of the TeamCommunication•Importance of clear and open dialogueEmpathy•Understanding and valuing team members perspectivesConflict Resolution•Strategies for managing and resolving disputesCollaboration and Relationship-Building•Fostering a cooperative team environment5

Effective Team Member Communication6Team Mental ModelsTask-FocusedClarity on roles and responsibilitiesTeam-FocusedUnderstanding team dynamics and cohesionTransactive-FocusedSharing and processing information effectivelyFeedback MechanismsActive ListeningNon-Verbal Communication

Appropriate Collaboration and Strategy for Team Intelligence DevelopmentFostering a Collaborative Environment:Open CommunicationCollaborative Tools and PlatformsEnhancing Collective Problem-Solving:Brainstorming SessionsCross-Functional TeamsLeveraging Diverse Skills and Knowledge:Skill MappingPeer Learning and SharingDecision-Making Strategies:Consensus BuildingReflective Practices7

Challenges Faced as a LeaderMisunderstandingsChange ResistanceConflict ManagementMaintaining Motivation and EngagementAligning Diverse Skill Sets and Personalities8

ReferencesAhmad, Masaba. (2023). Team Incentive Plans: Definition, Types, Benefits, and More. ElevateHQ. https://www.elevate.so/blog/types-of-team-incentives-plan/Birt, Jamie. (2024). Fourteen Teamwork Challenges and How To Overcome Them. Indeed.com. https://www.indeed.com/career-advice/career-development/teamwork-challengesCFI Team. (n.d.). Management Skills. Corporate Finance Institute. https://corporatefinanceinstitute.com/resources/management/management-skills/Craig, Diane. (2017). Six Essential Leadership Styles for Aspiring Leaders. International Coaching Federation. https://coachingfederation.org/blog/6-essential-leadership-styles-for-aspiring-leadersCreedy, Verity. (2024). Six Factors of Team Effectiveness. Development Dimensions International. Six Factors for Team Effectiveness | DDI (ddiworld.com)Herrmann International. (n.d.). Overcoming Communication Challenges in the Workplace. Herrmann Global LLC. https://www.thinkherrmann.com/whole-brain-thinking-blog/communication-issues-in-the-workplace/Homes, Lentor. (2023). Summary of: “Seven Habits of Highly Effective People” by Stephen R. Covey. Medium. Summary of: “7 habits of highly effective people” by Stephan R. Covey | by Lentor Homes | MediumKurose, Charles. (2013). Motivation, Behavior, and Performance in the Workplace: Insights for Student Success in Higher Education. The George Washington University. https://gsehd.gwu.edu/sites/g/files/zaxdzs4166/files/2023-11/barriers-motivation-behavior-performance-workplace.pdfNickerson, Charlotte. (2023). Extrinsic vs. Intrinsic Motivation: What’s the Difference? Simply Psychology. https://www.simplypsychology.org/differences-between-extrinsic-and-intrinsic-motivation.htmlRossingol, Natalia. (2023). Five Different Types of Teams & Their Role in the Organization. Runn. 5 Different Types of Teams & Their Role in the Organization | RunnTest, Lyssa. (2023). Your Guide to Managing and Growing a High-Performing Team. Culture Amp. https://www.cultureamp.com/blog/managing-high-performing-teamsThompson, L. L. (2017). Making the Team(6th ed.). Pearson Education (US). https://ambassadored.vitalsource.com/books/9780134484952

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