Willingness to share information is the most critical and the very first step in the Journey to employee empowerment and team development. People cannot make good technology or business decisions without information. They need to understand the purpose behind what they are doing and connect with the big picture. People with information feel the need to take the risk of making decisions that enable business growth.
As a leader, it is advisable to make sure that people know and have access to the organization's overall mission, vision, and strategic plans. Sharing this information helps them to feel that they are part of, and contributing to, something bigger than themselves and their individual job. Create a vision for your team that aligns with the overall vision of the organization. Share the most important goals and direction for your team and in the process; ensure that everyone has a clear picture of what success will look like. People who understands where they need to go are much more likely to get there - “start with the end in mind”.
Demonstrate a clear vision to your team. Let your team know what you are planning, strategically, to accomplish over the long run. Empower your team to innovate and think out of box to support the big vision.
Once empowered, to take the right decisions, people must understand how the company generates money, what the expenses are, and how it makes a profit. To achieve this, share the key financial data and provide meaningful explanations of these figures. Show people how their jobs are tied to these results and how empowered performance can have a positive impact on the numbers. They need to understand the business drivers and how they can relate the same with their respective process areas. How their individual goals are helping the organization to solve the bigger business problems.
The successful deployment of your strategy is dependent upon managers' and employees’ discussions of that strategy and the sooner teams adjust their spending to the priorities best aligned with business strategy, the higher the return on those investments. Managers should aim to link the strategic and operational plans to individual performance. This would result in a heightened level of project ownership and increased teamwork as they will be able to relate to the business value that they are working upon. If employees don’t know the details of your strategy, how can they make adjustments to the thousands of decisions and actions that they make on a daily basis? They can’t. By having a first-hand understanding of your company’s business strategy, your workforce will have the shared strategy context needed to quickly implement operational change to meet new customer demands and fend off competitors’ emerging efforts.
Team leaders should help their direct reports connect their learning goals to wider company objectives and ensure that team members have the time and resources they need to reach their goals. Start building your team’s business process understanding by leveraging technofunc’s functional training. Whether the learner is a team leader or team member, or both, they will learn how to be effective team players and team leaders, solve problems, and work towards common goals via highly interactive case studies, exercises, and use of TechnoFunc resources.
Sharing information helps people understand why change and improvement are necessary to resolve business challenges and stay competitive. The importance of change in business environments allows employees to learn new skills, explore new opportunities, and exercise their creativity in ways that ultimately benefit the organization through new ideas and increased commitment. Understanding of the real business issues motivates people to use their knowledge and experience, to improve the business processes and drive productivity.
“Level 5 Leadership”, this term was coined by Jim Collins in his book “Good to Great” and it is all about achieving "Greatness" as a leader. This article will explain what we mean by Level 5 Leadership and what the characteristics of a Level 5 leader are. What it takes to achieve greatness as a leader, and what are the steps and strategies that one can use to move up to this top level of leadership.
Building Perfect Creative Team
One misconception around creativity is that creative act is essentially solitary. Most of the world's important inventions resulted not from the work of one lone genius, but from collaboration of a team with complementary skills. Managers should build teams with the ideal mix of traits to form a creative group and then establish the conditions that make creativity much more likely to occur.
Team Development by Building Trust
As your team begins to work together, you need to establish a way each team member can exchange ideas and build mutual trust. Successful groups are built on trust and collaboration. A free exchange of ideas, in an open environment, will allow your team to get to know each other and enable you to check on how they work together. Learn some tips to help build team trust and establish personal bonds.
In this study of power, Raven identified five bases of power as coercive, reward, legitimate, referent, and expert. The 5 Types of Power can help you decide when it is appropriate to use a particular type of power in important situations. Leadership involves authority and it is very important for leaders to understand what type of power they're using.
Have you ever noticed how we express ourselves or interact with each other? Have you ever wondered what communication is and what role it plays in our lives? One may wonder if communication is so omnipresent and integral to our lives, why study communication at all? We need to study communication because it is a complex process that consists of many elements and is also beset with a number of barriers and there is a need to remove the barriers so that the communication process is effective.
Change & Culture of Innovation
Predicting the future is a tricky business but managers need to have a future perspective in order to take business advantage and remain competitive. They need to drive and introduce constructive change to the business of the enterprise. The first step to creativity and innovation is to drive a culture of Innovation. Managers need to focus on developing future mindset all the time to keep pace with the unfolding future.
In today's innovation-driven economy, understanding how to generate great ideas has become an urgent managerial priority. Managers need to encourage and champion ideas and need to help their organizations incorporate diverse perspectives, which spur creative insights and facilitate creative collaboration by harnessing new technologies. Innovation is the embodiment, combination, and/or synthesis of knowledge in original, relevant, valued new products, processes, or services.
Team Foundation in Forming Stage
This is the first stage of team development. This is the stage when the foundation of the team is laid. During the Forming stage, team members have a high dependence on their leader for guidance. Learn the practical strategies you can use during this stage to help your team develop into a highly effective performing team.
Reasons behind Wastage of Time
Under-utilization of time may be due to the faulty system or faults of manager/officer/leader or due to lack of planning. There could be many factors driving the procrastination behavior like system issues, personal work habits, and lack of delegation, personality traits, and bad working habits of the leader, failure to tackle interpersonal conflicts, obstacles, and lack of far-sightedness.
Storming Stage of Team Development
Storming is the second stage of team development and this stage is characterized by a bid for power and inter-personal conflicts. Learn the key factors that occur in the storming stage and the strategies that a team leader can adopt to pass this stage of high winds
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