The Effectiveness of Teams in a Business Environment

The Effectiveness of Teams in a Business

EnvironmentA presentation by Aaron Steiner

BUSI 300-D06Liberty University

Why do teams work in any business environment?

Because collaboration is power!

They increase efficiency

They increase

moral

Three ways:

Direction

Participation Leadership

Direction

• With the direction of managers and

supervisors teams can thrive because a

clear scope of the final product is

described.

• Clear direction encourages team success

opposed to individual success.

Participation

• Participation from all team members instead of select

members taking on all the work and the others looking on.

• Encouragement from team members to others to participate.

Leadership throughout the team

• A good leader can either change the game or completely ruin the team.

• Everyone can be a leader that is respectful and helps the team with their

positive attitude towards the goal.

How else do teams work successfully?

Conflict Resolution

• Differences of opinion can either make

a team stronger or break a team apart.

• Teams will have members that come

together after a communication break-

down has occurred.

Virtual teams collaborating around the world

Should leaders use virtual teams?

Virtual teams need accountability!

• Accountability is a huge selling point when deciding

whether or not to create a team.

• With virtual teams it becomes even more vital.

• To have a successful virtual team there

needs to be a clear direction with lots of

accountability and discussion

• If accountability breaks down then the

effectiveness of the team is

compromised

Virtual teams and technology

• Technology has increased the amount of virtual teams

that exist.

• Virtual teams increase business efficiency and free up

funds otherwise used for travel other expenses.

Virtual teams need tech savvy members

• Team members can display results through graphs, charts and many other programs.

Benefits

• Companies extend their market opportunities.

• Employees are able to transfer more knowledge to one

another throughout the organization.

In conclusion…

• Business leaders would be wise to utilize teams.

• Whether virtual or not teams create an environment of

efficiency.

• Teams keep people accountable and motivated to produce.

References

• Barnett, T., Chrisman, J., Monsen, E., Pearson, A., Schjoedt, L., (2012). New venture and family business teams:

understanding team formation, composition, behaviors and performance. Entrepreneurship Theory and Practice, Vol-

37(1), pp 1-15. https://www.liberty.edu/index.cfm?PID=2955&targeturl=http://go.galegroup.com/ps/i.do?

id=GALE%7CA318106 193&v=2.1&u=vic_liberty&it=r&p=AONE&asid=7556a135109ca459cd4de8dcc2e7deda 

•Cao, W., Xu, L., Liang, L., & Chaudhry, S. S. (2012). The impact of team task and job engagement on the transfer of tacit

knowledge in e-business virtual teams. Information Technology and Management, 13(4), pp 333-340.

http://link.springer.com.ezproxy.liberty.edu:2048/article/10.1007%2Fs10799-012-0129-6

•Denton, A., (2013). Can business leaders build teams like Alex Fergusen? Strategic Direction, Vol 29(9), pp. 3-5.

http://www.emeraldinsight.com/doi/abs/10.1108/SD-08-2013-0048

•Lehman, C., DuFrene, D., & Walker, R. (2016). BCOM (7th ed.). Boston, MA: South-Western Cengage Learning.

•Ninan, K. (2012). Leadership and teams in business: A Study of IT Projects in the United Arab Emirates. International

Journal of Managing Projects in Business, Vol 1(4), pp 28-48.

http://www.emeraldinsight.com.ezproxy.liberty.edu:2048/doi/full/10.1108/17538371111096872