Get All Access for $5/mo

A Few Challenges to Build a High-performance Team There should be no place for conspiracies and favouritism within the firm

By Dr. Vivek Bindra

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock.com

An individual alone cannot run a certain business. An effective and efficient teamwork instils business operations smoothly. The relevance of having an efficient performance team within your business enterprise can be undermined at any costs.

High-Performance workforce or team is a set of highly focused business people who have determined to achieve superior business results by generating consistent collaboration and innovation in their task performance

Employees' Interaction

Richard Branson said, "Train your employees' well enough and treat them well enough so that they don't want to leave your organization". Employees are not people working for the organization; they are comprised of emotional, intellectual and physical experiences. Leaders must emphasize on a holistic approach in order to evolve the employees both professionally and personally. Human resource practices should serve as a hand holding support and facilitate discussions or offer training as and when required.

Related : Why Team Building is Essential for Your Business Success

Talent Progression

In order to build a talent progression, create an organizational structure for your employees which define their career path. Leaders are highly responsive to nurture the growth and performance of their employees. Create a scoreboard of employees' tasks to evaluate their level of performance. Appreciate and recognize employees who have outperformed their tasks and provide support to others who were unable to meet the standards.

Encourage Internal Promotions

You should focus on building your team internally instead of hiring new ones. When you promote your employees internally, it increases their confidence and ultimately leads to business productivity. Hiring new employee for a higher position can create insecurities and disappointment among existing employees.

Related : What It Takes To Achieve Sustained Team Loyalty

Transparency in communication

To bring transparency to your organization, there must be open glass door policy. There should be no place for conspiracies and favouritism within the firm. Conspiracies breed insecurities among the employees. So it is important to create a culture of transparency which will help in building up their confidence and ownership level towards their tasks. Openness encourages the inclusion of people by entertaining diversified ideas from the employees.

People Like To Win

People like to win in their life, give your employees chance to prove themselves. Perform a competency mapping for your employees so that you are able to give them work according to their competencies. If you try to put your employees in the work where they do not have the required skills they will fail and once the employee gets a taste of failure he will leave the place at the earliest.

Related : What Companies Can Do For Better Team Building

Feeling of Significance

Retaining existing employees is challenging for any organization. By involving the employees' inputs, it creates a feeling of significance which is directly proportional to commitment; the higher their involvement, higher their commitment towards work. If you will inform your employees they will not be committed whereas if you involve your employees they will be highly committed. Employees should be considered for their contribution to the business irrespective of their level of contribution.

Nurturing the Skills of existing employees

Make a framework for competency mapping of employees which can be measured with the help of timely progress chart. Leaders must take initiative to multiply the growth and development of employees which enhances loyalty, engagement and ultimately their performance towards tasks.

What's more, employees' engagement is a good practice to achieve a myriad of various benefits dedicated towards organizational development. Recognizing the accomplishments and efforts of key assets of the firm called Navratna's supports the organization in fostering overall growth development.

Dr. Vivek Bindra

International motivational speaker

Dr. Bindra is a renowned International motivational speaker and leadership trainer. He has around 1,500 clients spread across 25 countries. He is working towards empowering Indian businesses by sharing management solutions extracted from Shrimad Bhagwad Gita.

He is the winner of best leadership trainer award by Dr. Marshal Goldsmith at World HRD Congress 2016. He was conferred with the Honorary Ph.D. degree, Doctorate of Philosophy from OIUM University of Colombo.

Leadership

ITC's Marketing Wizard: Shuvadip Banerjee, Chief Digital Marketing Officer

The FMCG giant's successful campaign #MyFantasyAdWithSRK broke the Internet and in just a few weeks of launch had 10 lakh participants

News and Trends

Empowering MSMEs: Unlocking India's Trillion-Dollar Manufacturing Potential

By empowering MSMEs, India can realize its vision of a robust trillion-dollar manufacturing sector, fueling economic prosperity and sustainable development

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

News and Trends

Easing the stress with new-age health solutions

With rapid scaling and idea-making seen in the Indian eco-system, it is only speculated that the now-easily accessible healthcare systems will try to reach further depths of the country.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.