Building High-Performing Teams 

A high-performance team is a collection of highly competent individuals that collaborate across functional lines with the aim of attaining a shared organizational objective. The group is dedicated to achieving a common goal and is connected with and devoted to shared values and a vision. This highly efficient team solves problems creatively, has a high degree of communication and teamwork, and produces consistently better results.

How to Build the Team?

• Build a Reliable Team: The basic core of creating effective teams, according to a McKinsey essay by senior partners Scott Keller and Mary Meaney on tested methods to create high-performance teams, is team makeup. They believe that small, high-performance teams are preferable since they are "likely to result in poorer decisions because of a lack of diversity, and slower decision making because of a lack of bandwidth," but they also warn against making them too tiny.
• Create a Team Dynamics that is Cohesive and Value Aligned: It is crucial to have a team where everyone gets along and can communicate openly. This occurs when they share the team leader's values and cooperate to accomplish a common objective. Team members produce more when they begin to think that they can succeed as a unit. The characteristics of a cohesive team—shared ideals, active participation, and mutual trust—increase productivity significantly
• Encourage an Open Communication Environment: Members of the team frequently hold themselves back from speaking up during meetings because they feel too exposed to do so. As a result of this lack of psychological safety, managers should take care to create an environment that encourages social risk-taking. This kind of team culture will inspire workers, promote creativity, and aid in the advancement of fresh concepts. 
• Insist on the Value of Learning: Building a high-performance team requires fostering a culture of continuous learning to deal with the problems of skill shortages and various digital transformations. Emerging technologies in particular are constantly evolving. As a result, corporations place a high value on their staff' capacity for rapid learning and ongoing skill development.

The Advantages of a High Performance Team

Benefits for Employees: A high performance team has members who are committed, motivated, and working toward a similar objective with complementary skill sets, shared values, and leadership that encourages open communication and rewards performance. They are driven and equally invested in the result. Greater efficiency and productivity are the result of this shared set of values and sense of trust.

Benefits for the Organization: 

• Greater independence and knowledge with greater flexibility
• Innovative, risk-taking, and highly motivated staff
• improved customer service
• heightened interest

For more on how to build and manage a successful team, check our Teams Boosting training courses