Basketball great Michael Jordan has stated, “Talent wins games, but teamwork and intelligence win championships.” That’s true in basketball and in business. Indeed, having the right team and the right teamwork are essential to running a successful business because, frankly, the business is only as good as its employees. Great teamwork has remarkable power to increase each person’s performance and propel the productivity of the entire organization. So, hiring team talent and developing superior teamwork are essential for the long-term success of every organization.
Why is Hiring Team Talent So Important?
Getting “the right people on the bus” as author Jim Collins put it in his famed book, “Good to Great” saves time and money by not having to deal with performance problems, firing the “bad apples,” and replacing empty seats. Strong team talent directly affects customer service, business growth, team morale, and business growth. Hiring team talent that is strong will have a big impact.
8 Tips on How to Build the Right Team and Fully Staff Your Business
Use these tips for hiring team talent and fully staffing your business:
- Understand and utilize the individual strengths of each employee to benefit your business.
- Make sure to fully explain your business vision including your culture and your future plans.
- Get your employees fully engaged in the business by challenging them, mentoring them, and acknowledging their success.
- Define all business roles.
- Recognize the value of diversity and utilize team-building exercises to generate a business “wholeness.”
- Extend the team beyond the employees by inviting guest experts to educate the team, and by inviting customers and suppliers to interact with the team.
- Make sure your employees know that you value them. Show them you care. Invest in their growth.
- Identify and solve problems early. Consistently work to improve team dynamics.
Seek Expert Financial Assistance
Contact Rustwood Capital, based in Rochester, NY, offering a loan portfolio designed to meet every business owner’s needs. We are invested in helping you grow with personalized service from trained and knowledgeable financial professionals.
