There is a huge difference between a group of individuals and a dynamic team. It is generally accepted that good teams will always outperform a collection of super stars working independently. Creating a great team involves much more than putting skilled people together with the same leader.
Care should be taken in hiring each individual and finding the right team leader. However, this is just the beginning of the journey towards real team performance.
Once the right individuals are in place, there are three key components that drive sustained high performance. These components can be summarized under the headings of;
- Leadership,
- Team dynamics and,
- Structure.
These three topics can be seen in more detail by following the links above.
You can’t succeed in the markets today unless you are part of a great team. The team is the essence of how you win.
Kenneth C Griffin