Internal Assessment 3

Name : Reddy Akkamma Bharath

Sec : A-Finance
Usn no : 20MBAJ0062
Sub : management skills for effective leaders.

How to Build High performing teams

Building a high-performing team

Building a high-performing team doesn’t happen overnight. It takes
commitment and an investment in continuous growth and development.
Use the following tips to get started:

Create a shared sense of purpose.

In order for employees to feel connected to a team, they need a unified
purpose. This is where clear goals and team alignment come into play.
Managers of high-performing teams are always evaluating priorities and
team goals to ensure they are effective and aligned. Keep organizational
goals top-of-mind by regularly communicating and connecting those goals
to the team’s work.Take advantage of one-on-ones to check in with team
members on their progress, identify key priorities, and ensure their work
aligns with the overall team goals. This helps create a shared sense of
purpose and ensures the team is pulling together in the same direction to
drive performance.

Streamline communication.
High-performing teams have to be nimble and focused—so clear,
streamlined communication is essential. Keep everyone on the same page
by establishing clear processes and expectations for communication. For
example, teams might use Slack channels for water cooler chats and team
updates but rely on project management tools like Asana to house project
data, define responsibilities, and track progress and assignments. Having
set communication processes helps prevent conflict and ensures key
information is shared with the right people, assignments and
responsibilities are clear, and nothing falls through the cracks.

Invest in employee development.

If you want consistent outstanding results, build a culture of continual
learning and improvement. High-performing teams are curious. They ask
questions, explore possibilities, and adapt based on what they learn. When
teams are continually building on their knowledge and learning from past
mistakes, they are more effective, efficient, and innovative.
Drive team performance by investing in your employees’ growth and
development. Identify relevant development opportunities that focus on
team needs and priorities, as well as individual goals. Employee
development opportunities help employees feel motivated, empowered,
and better equipped to do their job.
Building a high-performing team is a marathon, not a sprint. But when you
bring together the right mix of skills and experience and nurture these
fundamental characteristics of a high-performing team, the payoff will be
worth it.