Understanding all the points that make up the management of a business is not a simple activity. Especially when the entrepreneur does not have the experience of managing a company.
In these cases, it is very common for all the manager’s time and effort to be dedicated to developing his business idea. With that, other equally important points for the success of the organization end up being forgotten or postponed.
Also, leading the professionals who are part of the team is one of these fundamental points. After all, it’s these people’s work, along with yours, that will move the project from just an idea to a successful business.
Whether you are looking to start an innovative business, a startup, or are looking to innovate in a well-established corporation, building a good team is a necessary step for the success of this endeavor.
In this article, you will find out ways to manage teamwork to get efficient results in Startups.
How to choose the right people for your team in a Startup?
Ventures with people coming and going all the time hardly manage to align themselves with a common goal. Not to mention the impact that the entry or exit of each new member generates on the performance of other team members.
This challenge becomes even greater when analyzed from the perspective of organizations that need lean teams in terms of several people but are still capable of developing many activities and making the company take off.
A great example of this is startups, innovative companies, attentive to problem-solving, which develop in environments of extreme uncertainty, with scalable potential and high profitability.
One of the tactics most used by startups, which seek to have different strategies from traditional companies, concerns the formation of their teams. These tactics focus on fast growth with the production of great results through compact and competent teams.
4 steps to set teamwork in a Startup
1) Be clear about deadlines and expectations
Evaluating the work of employees is a fundamental part of good management. However, it can be impossible if expectations and deadlines for carrying out activities are not clearly defined among those involved.
It is very important that you, as a manager, have defined with each team member what their short, medium, and long-term expectations are in the business, as this is what will help you to monitor the performance of each individual.
2) Get to know your entire team well
Good team management involves entrepreneurs who like to deal with people. This means, among other things, getting to know everyone on your team well, their strengths and weaknesses. This is an effort that will help you assign tasks and responsibilities to each employee, according to their abilities and preferences.
3) Conduct performance reviews with the entire team
Well-defined and documented expectations and deadlines carry with their specific goals and objectives for the work of each person on the team.
In this context, performance evaluation moments are very important for you to understand how each professional is inserted into the company. After all, poor performance can indicate employee dissatisfaction or even incompatibility with the business.
4) Trust people to know how to delegate
Trust is a fundamental feeling for any work team, especially in a nascent business such as a startup. If you don’t trust the people who are part of your team, you will hardly be able to delegate activities to them. And this will make your startup’s growth very difficult.
As a result, the talents will not stand out and the lack of confidence will be clear to everyone. Moreover, at the end of the day, you will only have a team that is unmotivated and produces poorly.
3 main qualities for a good teamwork
1) Market Knowledge
At least one of the entrepreneurs must have a deep knowledge of the market in which the business inserts in this hypothesis. Some years of experience in this market and decision-making positions in the curriculum are the ideal scenario.
If this profile is unavailable, there will be an in-depth study of market analysis. Also, there can be an intensive analysis of the competition, and a mentor with these qualities to start.
This knowledge generally translates into bolder definitions of the problems faced by the target audience, more empathy for that audience, more complete solutions, and more assertive channel testing.
2) Product knowledge
The second quality present in any successful startup leaders’ team is knowledgeable about the product. A leader must know the main aspects related to the developed solution.
Undergraduate and graduate degrees, previous experience in developing a solution with similar technical challenges, and team management positions are differentials.
Outsourcing this responsibility is common practice in beginning teams that have failed to engage. Thus, it is extremely risky, expensive, and inefficient.
3) Alignment between the team
Finally, there is no point in knowing the market, the product, and the capacity to execute it if the risk of this startup team breaks down before the business reaches scale is significant.
A formal agreement is required between the founders, including shareholdings. There can be rules for entering and leaving the company, vesting, and cliff clauses for the leaders.
There are minimum delivery guidelines from each of the partners to provide legal certainty. Those ensure that everyone involved has aligned and shared objectives.
How to keep a qualified team?
The first step to having a qualified team is to perfect the selection process. But, with the process carried out, people recruited, it is also necessary to maintain the quality of the team is formed.
After recruiting, investing in team development is critical to the startup’s success. Encouraging the improvement of skills, both technical and behavioral skills, provides direct returns for the organization.
In addition to development, communication is also very important for a team to be aligned. Despite the definition of a profile, each employee has individual skills and dreams.
Talking to each team member helps you understand each other’s expectations and goals. Also, the teams may have fears and challenges that are also part of the journey. This proximity to professionals helps to maintain direct and open communication that is very positive.
Feedback is an important tool on how your development has been and what your strengths and weaknesses are. It is a cost-effective and at the same time very powerful way to give back to employees. It can help the company in a few ways:
- Through directing the work, which is when the organization is concerned with communicating to employees about the objectives and goals and how to achieve them;
- From the development of high performance, which helps to obtain better profit margins, higher productivity index, greater innovation strength, and level of collaboration among professionals;
- Raising engagement, which means aligning organizational and individual goals. This is possible through assertive feedback that involves recognition, performance praise, and effective instructions to improve performance.
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