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.

Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

Leadership

Why Hearing a 'No' is the Best 'Yes' for an Entrepreneur

Throughout the years, I have discovered that rejection is an inevitable part of entrepreneurship, and learning to embrace it is crucial for achieving success.

News and Trends

Edtech in 2023: A Year Of Layoffs and Funding Crunch

Edtech unicorn Byju's was engulfed with multiple problems this year, which led to skepticism about the entire sector

Starting a Business

How to Connect With Buyers and Get Your Products on Store Shelves, According to the Founder of Daring and Cadence

Ross MacKay, founder and original CEO of the plant-based food company Daring Foods and co-founder of performance beverage brand Cadence, shares the strategies that have landed his products in over 40,000 stores nationwide.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Growing a Business

Being a Good Manager Isn't Enough — Here Are 5 Leadership Skills That Will Keep Your Employees Around

The article outlines five key leadership skills — engagement culture, effective staffing strategies, AI utilization, shared team reality, and work-life balance — that can improve team performance and reduce turnover, fostering sustainable growth and innovation.