At the peak of life, when success matters the most and when it needs to be big and earth-shattering – there is only one rule you must keep – mind your team. Whether you are a genius, a Hitler, a Lionel Messi, a Napoleon, Or Caesar – surround yourself with the self-motivated, self-starting and high-performing team or people, and the world will bow otherwise the mediocrity and failure will be the case.
The value of a high-performing team has long been recognized. It’s why savvy investors in start-ups often value the quality of the team and the interaction of the founding members more than the idea itself according to McKinsey Consulting. It’s why 90 percent of investors think the quality of the management team is the single most important nonfinancial factor when evaluating an IPO.
And it’s why there is 1.9 times increased the likelihood of having above-median financial performance when the top team is working together toward a common vision.
“No matter how brilliant your mind or strategy, if you’re playing a solo game, you’ll always lose out to a team,” is the way Reid Hoffman, LinkedIn co-founder, sums it up. Basketball legend Michael Jordan slam dunks the same point: “Talent wins games, but teamwork and intelligence win championships.”
And life is about winning championships – premier leagues, champions leagues or perhaps even an FA Cup but not Community Shields.
Building a team remains as tough as ever. Energetic, ambitious, and capable people are always a plus, but they often represent different functions, products, lines of business, or geographies and can vie for influence, resources, and promotion. Not surprisingly then, top-team performance is a timeless business preoccupation – which must be handled with the precision that goes into keeping a nuclear bomb under one’s pillow.
How to get high-performing Team
– Team composition is the starting point. The team needs to be kept small—but not too small—and it’s important that the structure of the organization doesn’t dictate the team’s membership. A small top team—fewer than six is recommended, even in the military.
– Beyond team size, consider what complementary skills and attitudes each team member brings to the table, this is absolutely important.
– Team dynamics: It’s one thing to get the right team composition. But only when people start working together does the character of the team itself begin to be revealed, shaped by team dynamics that enable it to achieve either great things or, more commonly, mediocrity.
The famous 1992 roster of the US men’s Olympic basketball team, which had some of the greatest players in the history of the sport, among them Charles Barkley, Larry Bird, Patrick Ewing, Magic Johnson, Michael Jordan, Karl Malone, and Scottie Pippen. Merely bringing together these players didn’t guarantee success. During their first month of practice, indeed, the “Dream Team” lost to a group of college players by eight points in a scrimmage. “We didn’t know how to play with each other,” Scottie Pippen said after the defeat. They adjusted, and the rest is history. The team not only won the 1992 Olympic gold but also dominated the competition, scoring over 100 points in every game.
Final thoughts, when you find great minds – do all you can to keep them, and greater things you shalt accomplish.
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