Our focus lately has been mainly on project management and its multidimensional complexities. If you manage to comprehend the importance of team management, as a part of project management, you can greatly improve your company’s overall performance. In case you want to study numbers, take a look at statistics around collaboration by BIT.AI blog.
The main concept behind project management, though, is the human factor. Without which none of it would be possible.
Orchestrating a project is one thing; building a solid team that is up to the task and can cooperate with each other harmoniously, is another. Inside an organization, the majority of tasks cannot be completed by one person alone. A true leader understands the importance of collaboration in the workplace.
The benefits of teamwork in an organization are numerous and are crucial to your success. In our “6 key leadership skills for running a small business” article, we mentioned that being a leader is about bringing your team members together to a creative environment in which they can unfold their individual potential.
Now that you have a clear picture of how to manage time and projects, we can discuss the team management definition and the importance of team management in an organization.
But first things first; let’s illustrate the concept of team management in the workplace through a simple example.
What is team management?
Team management is a term referring to a variety of activities that bring a team together to carry them out. This means completing projects or running day-to-day tasks. In any case, the team manager has to delegate activities to the right people equally, help in prioritizing them, and discuss any problems that might arise.
So, what does a good example of teamwork and collaboration in the workplace look like in a real-life situation?
Helen is the team leader of the marketing department at a firm that consists of 6 employees that report to her in creating marketing campaigns for their clients. Helen’s first priority is to ensure that all 6 understand their responsibilities and are satisfied with them. She shares the workload to each equally, keeps an open mind to their ideas, and gives them incentives so they can contribute more to the goals she sets.
Apart from her strictly professional role as part of the team, Helen makes sure no one feels left out and organizes after-work activities that promote team bonding.
All of this is part of a solid team management strategy that Helen has in place in order for the individuals to work together for the maximum output while avoiding conflicts.
The importance of team management for an organization: 5 benefits
1. Effective team building
One of the benefits of team management is that it promotes team-building in the workplace. Having the right person, doing the right job according to their personality traits and educational background is important for the whole team.
When employees complement each other it is easier to avoid gaps in team members’ skill sets and communication.
By fully utilizing the unique abilities of individual employees, the team manager is able to easily delegate projects to team members for maximum efficiency. Which leads to timely project completion and customer satisfaction.
2. Productivity booster
The importance of team management also is evident through the increase in employee performance and organizational productivity. It is obvious that one brain cannot bring out the same results a strong team can. Both in terms of time and quality!
When each employee has clear responsibilities and deliverables, they are able to better focus on their tasks.
This is especially true when those responsibilities are closely related to their specialization and level of interest. Working in teams is a creative way of taking advantage of the member’s best qualities to the maximum.
Moreover, effective teamwork allows the members to cooperate with each other when they need help. So, even if individuals fall behind with deadlines, the rest of the team steps in to save the day.
One of the key components of successful projects is team management, after all!
3. Promotes learning
Among the benefits of teamwork for an organization is the opportunity for everyone to learn and explore new perspectives. For example, new employees will surely gain knowledge from more experienced workers in the long run.
Moreover, when different people with various talents cooperate with each other, they get to exchange skills that they didn’t have beforehand.
Teamwork, unlike working alone on a project, allows the members to also discuss new ideas and challenge the old ones. This process, in turn, leads to coming up with solutions that are more efficient for a project’s smooth completion.
4. Employee satisfaction
One equally significant point towards understanding the importance of team management is increased employee satisfaction. When individuals come together to form a strong team, they also learn to rely on each other and thus, bond.
This bonding creates a positive ambiance in the workplace, which is essential for their productivity as well as their psychological well-being.
Good team management aims also at reducing unnecessary conflicts among team members. Improved employee relations is an actually pleasant “side effect” of a well-established sense of trust between them. It’s simple: Teamwork makes employees happier!
5. Increased performance
Inevitably, we reach the conclusion that teamwork is a key driver for increased performance. An organization has to meet targets on time and without teamwork, this is extremely difficult to achieve. Individuals alone, cannot easily make decisions single-handedly or carry out tasks. It might seem counter-intuitive, but individuals do thrive through a team.
Employees who work in a team have higher fulfillment and performance levels. So when each individual performs optimally, so does the organization as a whole!
At last, among the benefits of teamwork in an organization lies competition. Of course, not the negative kind of competition that tears teams apart. But rather the healthy level of competition which pushes team members to become better and better over time!
The benefits of team management in an organization are immeasurable!
Introducing a good team management strategy to your business will immensely help everyone involved perform better, gain knowledge, and deliver quality results! On top of having a concrete business strategy, you should consider tracking your projects. This way, you will be able to track time, monitor employees, and control project costs – all for the sake of excellent project work!
In this article, we have explored the team management definition and explained the importance of effective teamwork in the workplace. Stay tuned as we are going to provide you with more useful tips on how to build effective teams, in the articles to come!