Technopreneurship 101

Forming a Business Team

Forming a Business Team

A team is a group of people

who collaborate on related
tasks toward a common goal.
Forming a Business Team
Key Points
In a business setting most work is accomplished by teams of
individuals. Because of this, it is important for employees to
have the skills necessary to work effectively with others.

Organizations use many kinds of teams, some of which are

permanent and some of which are temporary.

Teams are used to accomplish tasks that are too large or

complex to be done by an individual or that require a diverse
set of skills and expertise.
Forming a Business Team

Defining Teamwork

Teamwork involves a set of

interdependent activities performed by
individuals who collaborate toward a
common goal.
Forming a Business Team
Teamwork

Key Points
Teamwork involves shared responsibility and collaboration
toward a common outcome.

Teamwork processes can be divided into three categories: the

transition process, action processes, and interpersonal
processes.

Five characteristics of effective teamwork are shared values,

mutual trust, inspiring vision, skills, and rewards.
Forming a Business Team
Teamwork
Forming a Business Team
Teamwork Processes

1. The transition process is the phase during which a team is

formed.
2. Action processes comprise the phase during which a team
performs its work.
3. Interpersonal processes include activities that occur during
both the transition and action processes.
Forming a Business Team
Characteristics of Effective Teamwork

Shared values: a common set of beliefs and principles about how and
why the team members will work together

Mutual trust: confidence between team members that each puts the best
interest of the team ahead of individual priorities

Inspiring vision: a clear direction that motivates commitment to a

collective effort

Skill/talent: the combined abilities and expertise to accomplish the

required tasks and work productively with others

Rewards: recognition of achievement toward objectives and

reinforcement of behavior that supports the team’s work
Forming a Business Team
The Role of Teams in Organizations

Key Points

Due to global and technological factors, the importance of combining competencies

and building strong teams is increasing.

By combining resources (both across management levels and functional disciplines),

organizations can create unique synergies and core competencies.

Cross-functional teams utilize a wide variety of unique skill sets to build teams
capable of achieving complex objectives.

When carrying out a process in a team, it’s important to set objectives and strategy,
carry out objectives, and build strong interpersonal efficiency.
Forming a Business Team
The Role of Teams in Organizations
The Modern Organization

Teams are increasingly common and relevant from an

organizational perspective, as globalization and
technology continue to expand organizational scope and
strategy. In organizations, teams can be constructed
both vertically (varying levels of management) and
horizontally (across functional disciplines).
2/23/21