Competitive Strategy/Analysis

A competitive analysis is a strategy where you identify major competitors and research their
products, sales, and marketing strategies. By doing this, you can create solid business strategies that
improve upon your competitor's.

A competitive analysis can help you learn the ins and outs of how your
competition works, and identify potential opportunities where you can out-perform
them.

It also enables you to stay atop of industry trends and ensure your product is
consistently meeting — and exceeding — industry standards.

13 Effective Team Management

Technique
Vartika Kashyap

Feb 18, 2020 ·

Being a leader is tiring and demanding. You’ve got so many pieces moving
around at the same time. You’ve got deadlines to meet, you’ve got clients to
attend, you’ve got resources to track, and most importantly, you’ve got a
team that needs to be managed and motivated properly to ensure success in
the given venture.

It is overwhelming. Agreed. But there are ways to make team

management much simpler and more rewarding. Now, in this particular
post, we have put together a list of tips and hacks that you, as a leader and
manager, can put to practice to ensure effective team management.

1. Hire the Right People

Finding the right team members for your team is difficult, but it’s also
crucial. Having the right talent in your team helps you keep your project’s
productivity at its highest level. You can use the initial interview sessions to
get to know potential candidates one-on-one to learn more about their
talents, skills, and strengths. And you can use the gathered intel to make
informed decisions when adjusting positions and responsibilities.

2. Set Achievable Goals

Effective goal-setting should be a crucial part of your team management
strategy. Everyone on your team should clearly understand what they are
striving for daily. Keep in mind that without clear, concise goals (short-term
and long-term), your team is very likely to miss deadlines. Try to set goals as
a team with a lot of discussion and brainstorming. Include every individual
in the process to confirm you are all on the same page.

3. Establish a Team Mission

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Having a good team management strategy is a complete waste is your team

doesn’t even feel like a team at all. So, before you assign roles and goals to
your team, establish a team mission that brings everyone together. Open up
constructive discussion within the team and encourage everyone on the
team to provide insight or suggestions to each other. Also, use those
feedback and insights yourself to set a team mission for everyone to work
toward together every day.

4. Delegate Tasks Effectively

It’s easy for a team to fall by the wayside when tasks and responsibilities are
not assigned responsibly. With multiple people working on the same
project, you have to ensure that you delegate the right roles and
responsibilities to the right person. As a part of your team management
strategy, you must ensure that each member of the team has a workload that
fits their skills and strengths and keeps them engaged.

5. Maintain Open Communication

Keeping communication channels wide open is important to the success of

any business.
6. Manage Time Wisely
Every individual, a manager or a team member, tend to feel like there are
never enough hours in the day, making effective time management a matter
of great importance. Avoid time-wasting activities like too many meetings,
too much social media use, too many phone calls, etc should be a part of
your team management plan. Keep your team’s priorities in check so that
they can keep their productivity and performance in check.

7. Discuss Teamwork in Performance Reviews

A team must be held accountable for their roles and responsibilities.
Accountability is essential to maintaining an effective work environment for
a team. That’s why you, as a manager/leader, should discuss each
individual’s contributions to the team and how well they are staying
involved more frequently. Make it a habit to appreciate them for their
positive contribution and explore ways they can improve upon any
shortcomings within the workplace.

8. Provide Feedback More Often

Source: https://media.giphy.com/media/SWzVtsCPEPggXQsGoT/giphy.gif

Hiring the right talent isn’t enough to make effective team management a
reality. You have to keep them motivated at all times. Providing sincere
praise is one of the best ways to keep motivation and drive up for your team
members. Conduct more frequent and constructive performance reviews.
Also, give your team members a chance to provide you with feedback on
your leadership tactics to ensure you are doing all that is necessary as a
manager. And take their feedback into consideration with a positive
mindset.

9. Resolve Team Issue ASAP

Teams are expected to work together. Unfortunately, there are often times
when teams disagree on things, which can even lead to workplace conflicts.
That’s what makes conflict resolution an important aspect of your job as a
manager. You have to understand the fact that workplace issues and
conflicts don’t always work themselves out, so you need to step in and help
those involved find a solution or reach a compromise right away.

10. Hold Team Building Events

If you want to add a bit of fun to your whole team management
campaign, team building activities are the perfect way to go. And there is an
array of activities that your team can enjoy both inside and outside of the
office. While they don’t have to be best friends, organizing team building
activities can drastically boost team engagement, workplace collaboration,
and employee engagement. You can host activities that help your team see
each other in real-life scenarios, making it easier for them to communicate
and work together as a team.

11. Cheer on Your Team

As the team manager, you are your team’s biggest cheerleader. You are the
one who should make the team feel appreciated for all of the hard work they
do. You should ensure they get that sense of accomplishment that they need
to bring out the best version of themselves in the workplace. So, as a part of
your team management strategy, keep motivating your team with short pep
talks every now and then or hold one-on-one encouragement sessions after
every 2 months.

12. Keep Positive Vibes in the Office

In addition to being the biggest cheerleader for your team, it is important
that you uphold a positive vibe in your office. Find ways to promote a
positive work environment where people are willing to work together to the
best of their abilities. If you are having a hard time figuring out where to
start, you can start by making some comfy, positive adjustments to your
workplace.
13. Celebrate Wins

Achieving success isn’t enough. If you really want to make your teamwork
effectively and efficiently, you have to celebrate their achievements — large
or small. Whenever a goal or milestone is achieved or surpassed, be ready
and available to reward every individual involved. Find ways to celebrate
and honor your team individually and as a group as a triumph over their
goals.

As a manager or a leader, you have a lot on your shoulders. Following these

13 simple team management tips will definitely make your job a little easier.