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Foundations of
Team Dynamics
McGraw-Hill/ © 2008 The McGraw-Hill Companies, Inc. All rights
Irwin reserved.
Teamwork In the Securities Industry
•Task characteristics
• Reward systems
•Team size • Achieve
• Communication
•Team composition organizational
systems
goals
• Physical space
• Satisfy member
• Organizational needs
environment Team Processes
• Maintain team
• Organizational
•Team development survival
structure
• Organizational •Team norms
leadership •Team roles
•Team cohesiveness
• Task characteristics
– Better when tasks are clear, easy to implement
– Share common inputs, processes, or outcomes
– Task interdependence
• Team size
– Smaller teams are better
– But large enough to accomplish task
High A
Reciprocal
B C
A B C
Sequential
Resource
Pooled
Low A B C
Performing
Norming
Storming
Existing teams
Forming might regress Adjourning
back to an
earlier stage of
development
McShane/Von Glinow © 2008 The McGraw-Hill Companies, Inc. All rights
OB4e Slide 9-15 reserved.
Team Norms
Photo: Robert Hirtie. Courtesy of Atlantic Business Magazine & Lighthouse Publishing
Photo: Robert Hirtie. Courtesy of Atlantic Business Magazine & Lighthouse Publishing
Member
Similarity
External Team
Challenges Size
Increasing
Team
Team Cohesiveness Member
Success Interaction
Somewhat
Difficult Entry
Team Norms
Support Moderately
High task
Company high task
Goals performance
performance
Foundations of
Team Dynamics
McGraw-Hill/ © 2008 The McGraw-Hill Companies, Inc. All rights
Irwin reserved.