Team Management

Published by MBA Skool Team, Last Updated: May 13, 2020

What is Team Management?

Team management is a concept where a group or team of individuals perform any given task. Team management is an important concept in every field where individuals with different skills work together to achieve a common goal. In business, team management is the collective effort of all employees to achieve organization objectives.

Importance of Team Management

Every organization comprises of many employees who are assigned a particular role in their job. Each individual performs their job and tasks as per the requirement. But the collective effort of everyone is what companies want to achieve their business goals. This is where team management and team work are essential. Team management is essentially managing a team. Team building exercise, any issues among team members have to be resolved, the best skills have to be used and the business goals have to be met as a part of team management. The concept is closely interwoven with other skills like leadership, time management, decision making, good governance, communication making etc.

Effective Team Management Tips & Strategies

Team Management

Team management is an important skill which is required by any manager. Companies have to identify leaders who can control, direct and maximize the output of their team. Some tips and strategies for effective team management are:

1. Communication: A good stream-lined and honest discussion with team members is essential for effective team management. The team members have to be constantly communicated business ideas and company strategies which the leadership is thinking about so that employees are aware of what the company’s vision is.

2. Motivation: Effective team management requires constant motivation of employees. A strong team requires that all the members are motivated and full of positive energy to complete their tasks.

3. Feedback: Feedback of employees by seniors as well as peers is important for effective team management. Companies evaluate employees using techniques like 360 degree feedback and help employees improve.

4. Transparency: Having a transparent organizational structure is critical for time management. Subordinates and team members should have easy access to top management, discuss new ideas, revolt certain wrong practices, employee voice should be heard etc.

5. Delegation: Effective team management ensures a team leader uses delegation of authority while giving work to members. This helps in employee’s confidence who feel that the manager trusts their work skills and abilities.

6. Flexibility: Team members who have flexibility at work using methods like work life balance help in their business output, which is important for effective team management.

7. Reward: Recognizing the efforts of team members through rewards, awards, prizes, promotions etc are essential for good team management as this helps in employee confidence.

8. Training: Updating employee skills with regular training and development helps in strong team management. New skills, tools, learning methodologies, training sessions etc help sharpen employee skills and thereby improve team output.

Team management is essential is managing any team. Depending upon the business requirement, there are different types of teams:

1. Cross Functional Team

2. Self Directed Work Team

3. Special Purpose Team

4. Shamrock Team

Whatever the team output required, the basic principles and strategies of team management are similar.

Examples of Team Management

There can be several examples of team management in every domain in life like business, politics, sports, leisure etc. Some examples of team management are as follows:

1. Team management in business: Consider a marketing head who has to sell his products in a particular geography. He or she has to manage different teams like the product team for ensuring good product quality, brand team for packaging & design, marketing team for outdoor communication, sales team for managing sales etc. Hence, a marketing manager had to align all team to ensure good sales which is possible through effective team management.

2. Team management in sports: Any team sport like football, basketball, cricket, rugby, hockey etc requires effective team management. The coach or team manager ensures that the players have a good bond & are highly motivated to win. The team manager also managers the team doctors, PR manager, player consultants, club board etc to ensure that the sports team functions effectively to win games, trophies and earn profits.

This article has been researched & authored by the Business Concepts Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

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