The world of work has been changing dramatically over the last few years primarily because of access to and rapid changes in technology. Entrepreneurs, the world over, are experimenting with new business ideas & models and are striving towards building successful businesses.
The way work is done has also changed significantly. Today’s workforce is seeking meaningful experiences, flexibility, and freedom to choose what, how and when they work. So, work happens at any time of the day, quite often virtually and in collaborative teams.
In such a dynamic world of work, the way teams and talent are managed would become a key differentiator for organisations to successfully navigate through the most challenging situations, innovate and build successful enterprises.
This begins with examining our beliefs about “people”.
Do we really think of people as a key differentiating asset or do we think of them as a cost or a resource that is required to deliver the business aspirations?
It is important to examine this, as beliefs drive actions.
My belief and experience have been that people are indeed an organisation’s greatest strength and this has influenced the way I have managed people and teams. My advice is that one should hire people in their teams who are better than them and can add differentiated value to the team. Outlined below are some imperatives to manage teams effectively.
Know Your People
It is important to truly know the people you work with. You need to understand the critical experiences that have shaped them, their values and beliefs, likes and dislikes, talents, aspirations and the life stage they are going through.