Team Dynamics and Culture

Respect, inclusion, and collaboration are one of TD Banks''s culture. Everyone's opinion

and beliefs are valued and respected. This culture is the basis of the company's team dynamics.

Each team member with different experiences, ideas, and backgrounds is motivated to uplift their

uniqueness by sharing their viewpoint toward the company's success. In addition, the company is

making an effort to develop an atmosphere where each team member can gain knowledge from

one another and share their thoughts towards the organization's success.

The company's team is structured for particular objectives and goals from a business

perspective. Each team member consists of a person with competence and skills to achieve the

business goals. TD Bank's group environment focused on problem-solving, open

communication, and answering to what the company is struggling. Each member in the team is

must care and support their peers and colleagues, work together, focus on the assigned task, and

assist each other to succeed.

The company values and acknowledges the contributions of all individuals on the team and
celebrates their accomplishments.

Each of the individuals in the group has its aims and objectives, and they celebrate and

recognize those achievements done by the team. Lastly, TD Bank's team promotes ownership

and a sense of pride in accomplishing the task.

Management of Creativity and Innovation

Company innovation and creativity are key factors to success in any business. At TD

Bank, the company is concentrating on being creative and innovative because staying ahead in a

finacial industry is a vital factor in business change regarding the financial sector. The company

leads creativity and innovation by motivating the employees to "rock the boat" and share each

individual's ideas in a supportive environment. Then, to execute the ideas shared, the individuals
at the top must actively seek out and acknowledge employees' feedback and the ideas being

shared.

The company recommends a variety of resources to strive for authentic thinking. They

continue financial sector trends training, chances for departmental joint effort across functional

boundaries, and impart access to cutting-edge technology.

In addition, the company recommends an atmosphere where team members have the

freedom to voice out their thoughts and perspective for the company's success. This environment

requires flexible work arrangements that will help to become creative and innovative in a way

that will promote telecommuting, flexible scheduling, and decentralized teams.

Lastly, TD Bank has created a comprehensive framework model to assess and track its

creativity and innovation initiatives. Groups committed to analyzing, creating, and executing

fresh concepts must put new ideas into practice. The team evaluates the effectiveness of their

attempts by tracing the data, such as response rates and customer feedback. This change enables

the team to guarantee the success of their ingenuity and is capable of constantly developing how

they address innovation and creativity.

Recommendations

Set clear expectations:

The company should ensure that members of the team is aware and understand the

demands. Individual responsibility, communication and collaboration are expected and may be

present.
Promote a collaborative culture:

TD Bank should set up where individuals in the team may work cooperatively. This work

culture can be done by setting group meetings to evaluate the progress of the task and providing

group members the resources they need to collaborate productively.