How important is it to you to invest in members of your team, your work group or your organization?
In reality, if you are not investing in your people, you are not investing in the future of your business, whatever it is.
When people feel supported and understand that they are investing in them, they have more space to be creative, productive and do their job better, whatever it is.
Most of the leaders, whatever the field, sports, corporate, religious, non-profit, agree that the development of collaborators is a fundamental part to create a winning and lasting group.
Normally, the time, money and effort it will take to develop and equip the people on the team do not change it in one night, but they always pay off. Investing in a team brings benefits to the whole team.
The objective of this article is to help you find the best ways to invest in your team and create an irresistible group culture to achieve your OKRS.
Before we dive together in the list of effective actions to invest in your team, it is important to understand that investment does not only mean giving financial incentives, but can mean many different things, ranging from personal development to activities that lead to expressing the maximum potential of each one.
Then start investing in your team through these 10 effective moves …
What to do to better invest in team members?
Allow me to share with you ten steps you can take to invest in your team …
You decide to build a team
This is the beginning for investing in a team.
Deciding that it is worth developing the people on your team is the first step towards building a better team.
Collect the best team possible
This increases the team’s potential.
The better the team members are, the more potential the team has. Find the best players available and make them feel like you’re in a family.
Pay the price to develop the team
This guarantees the team’s growth, but it will cost you.
Often you will need to spend your time that could be used for your personal productivity. Maybe you will have to spend money that could be used for your personal benefit. Sometimes, you will also need to put your personal priorities and design your projects through OKR Software.
Do things together as a team
This develops the sense of community in the team.
Even when you’ve played the game of your life, it’s just the feeling of a teamwork that you will remember. You will also forget the successes, but you will never forget your teammates. The only way to develop the community and the cohesion among your companions is to make them be together not only in professional fields, but also in personal ones.
Give responsibilities and authority to team members
This raises other leaders in the team.
Increased growth for people often occurs as a result of trial and error of personal experience. To allow the team to enter the highest levels of leadership, it is necessary to give authority and responsibility to the team members. As a leader, you should not protect your position or your power. From the street, and you’ll see that this is the only way to empower the team.
Give credit for the team’s success
This raises the morale of the team.
Most people are willing to work hard if they have received recognition for their efforts. Compliment your teammates. Talk about their successes. And if you are the leader, take the blame, but never the merits. Do this and your team will always fight for you.
Check if the investment in the team is paying
This creates the responsibility in the team.
If you invest money, you expect a return over time. To understand if the investment from fruits must be monitored and measured. The same is true if you invest in people. You have to understand if you are having a return for all the time, energy and resources, you are investing in them. Some people grow up quickly, while others are slower. The main thing is to see progress in everyone, otherwise you have invested badly.
Do not invest more on components that do not grow
This eliminates more losses for the whole team.
One of the most difficult experiences for any team member is to leave a teammate behind. Yet this is what you need to do if someone on your team refuses to grow or change for the benefit of other teammates. This does not mean that you value the person less. It just means that you will stop spending time looking for investing in someone who does not want or cannot improve the team.
Create new opportunities for the team
This allows the team to grow.
There is no wiser investment you can make in a team than to give it new opportunities. When a team has the chance to take on another territory or face new OKR, it must stretch. This process gives the possibility to grow not only to the team, but also to each component. Everyone has the opportunity to grow towards his maximum potential.
Give the team the best chance to succeed
This guarantees a high return to the team.
One of the most important things you can do is eliminate the obstacles, so that your team can work together for success. If you are a team member, this can mean personal sacrifices or helping others work better together. If you are a leader, it means creating a great environment for the team and giving each person what they need at a given time to ensure success.
The actions that have been revealed to you in this article are for everyone: for each team member and for the leader.
You can implement these practices if you are a player or a coach, an employee or an employer, a follower or a leader.
There is always someone on the team who can take advantage of what you have to offer.
And when everyone on the team is investing in others, the benefits are like those of compound interest: they multiply as time passes.