Winning Organization:

Teamwork

Management Team

Why and How To Build It

 

Vadim Kotelnikov personal logo Vadim Kotelnikov

Founder, Ten3 Business e-Coach Inspiration and Innovation unlimited!

 

 

"To spot the expert, pick the one who predicts the job will take the longest and cost the most" Warren's Rule

 

  

Benefits of Management Team Building

By: Thomas Gordon

  1. Individual members of an organization will be more identified with the goals of the organization and concerned about its success if they participate in making decisions about those goals and how to reach them.

  2. Being a member of a management team gives its members a feeling of greater control over their lives; it frees them from the fear of the leader's arbitrary use of power.

  3. When group members participate in solving the group's problems, they learn a great deal about the technical complexities of whatever the group's task is; they learn from each other, as well as from the leader. Developing a management team is the best kind of ongoing staff development (in-service training).

How To Solve People Problems

  1. Participation on a management team provides opportunities for the members to satisfy many of their higher-level needs for self-esteem, acceptance, and self-actualization.

  2. A management team helps break down status differentials between the members and the leader, which fosters more open and honest communication between members and leader.

  3. A management team becomes the principal vehicle enabling the leader to exemplify the kind of leadership behavior he or she wants the group members to learn and use in relationships with their subordinates. In this way effective leadership moves down the level of organizations.

  4. Higher-quality decisions often result from bringing into play the combined resources of the work group.

 

What Venture Capital Firms Look for in a Business Plan

  • An experienced and well-balanced management team with a sound track record... More

Creating a Sustainable Culture of Innovation

An 8-Step Process

  • Whet the Appetite: Ask your senior team to prioritize the company’s top five innovation needs... More

Inspiring Culture: 5 Elements

 

Systemic Innovation: 7 Areas

 

Successful Implementation of Kaizen Strategy

7 Conditions

  • Top management commitment

  • Top management commitment

  • Top management commitment... More

The 10 Key Project Leader Skills

  • Building the project management team and leading the team through the steps of the project management process... More

What is a Management Team?

“Even in the best companies, a so-called top team seldom functions as a real team,” says Jon R. Katzenbach.

The necessity of building a management team is central in the concept of leader effectiveness. The management team is the entire work group as an integral unit (rather than an aggregate of individuals), governing itself within the area of freedom allowed by its position in the organizational hierarchy.

Members of the management team should be strategic thinkers able to see the big picture, have diverse experience, demonstrate leadership attributes, combine business insight with technical savvy, and be committed to continuous learning. They should also have a common vision of the future, be good team players who are committed to creating superior value for all stakeholders customers, employees, investors and society as a whole – by getting the best from their people and leading continuous innovation.

Large organizations are made of several of many inter-locking management teams. The CEO and all the executives reporting directly to him or her would be a management team. But at other organizational levels, managers and supervisors and all workers reporting to them respectively would also form management teams. The same person may be a leader in one management team and a group member in another.

Entrepreneurial Leader: 4 Specific Attributes

9 Roles of a Team Leader

Successful Entrepreneurial Firms

7 Characteristics (by: NBIA)

  • An effective management team that works cooperatively and consists of members selected to provide a range of knowledge and skills... More

Building a High-Growth Business: 10 Rules

Entrepreneur: 10 Action Roles

Venture Financing

What Are the Venture Capital Investment Criteria?

Of all of the criteria, the need for a strong management team is by far the most critical... More

5 Characteristics of a Winning Team

Shared Values:  Team members are looking for a "values fit" with their team. Without it, they won't give the team their best. Team members should participate in establishing shared values and values-based common goals if you wish them to live these values, be committed to these goals, and have a feeling of interdependence and ownership for their jobs and unit. Shared values become also your team's code of behavior as they define what is and isn't acceptable... More

Selecting a New Corporate Leader: 3 Questions

Lessons from Peter Drucker

Leadership is not rank, it is responsibility. It is the lifting of a subordinate’s vision to higher sights – the raising of a subordinate’s performance to a higher standard. It is the building of a subordinate’s personality beyond its normal limitations.

A leader must set strict principles of conduct and responsibility, high standards of performance, and respect for the individual and his work... More

SMART EXECUTIVE (Ten3 Mini-course)

 Case in Point  GE

As far as Jack Welch, the legendary former CEO of GE, is concerned, middle managers have to be team members and coaches. "They have to facilitate more than control. They should be able to excite and praise people and know when to celebrate. Managers should be energizers, not enervators"1. In the company's 1993 Annual Report, Welch began talk openly about taking steps against those managers who couldn't learn to become team players: "In some difficult cases this mean parting company with some impressive people... who won't play as part of a team. Their debilitating effect on the team can outweigh the the benefits of their individual talent."... More

25 Lessons from Jack Welch

Sam Walton's 10 Rules for Building a Successful Business

17 Indisputable Laws of Teamwork

  • The Law of the Big Picture: The Goal is More Important Than the Role

  • The Law of the Niche: All Players Have a Place Where They Add the Most Value

  • The Law of the Chain: The Strength of the Team Is Impacted by Its Weakest Link... More

 

 

 

 

 

References:

  1. Jack Welch and the GE Way, Robert Slater

  2. Teambuilding That Gets Results, Linda Diamond and Harriet Diamond

  3. Teams At the Top, Jon R. Katzenbach

  4. Management Teams, R Meredith Belbin

  5. Leading Teams, Harvard Business School

  6. Synergistic Organization, Vadim Kotelnikov

  7. 25 Lessons from Jack Welch, Vadim Kotelnikov

  8. New Management Model, Vadim Kotelnikov

  9. Venturepreneur, Vadim Kotelnikov

  10. The 4 Es and 6 Rules for Leadership, Jack Welch

  11. GE Leadership Effectiveness Survey (LES)

Inspired Team

Teamwork: 5 Characteristics of a Winning Team

17 Indisputable Laws of Teamwork

Team Building Guide

Team Assessment and Improvement

Teamwork Quotes

Innovation Team Quotes

Team Leader: 9 Roles

Model of a Team Leader

Evaluation of a Start-Up Company by Venture Capital Investors

Evaluating Management Teams and Other Due Diligence Related issues

SMART Executive

12 Major Causes of Failure in Leadership

Inspirational Leader: 10 Roles

18 Lessons for Leaders (by Colin Powell)

Inspirational Quotes from Great Corporate Leaders

Sustainable Growth Strategies

10 Rules for Building a Great Business

5 Keys To Building a Great Company