What is a 'High Performance Team'?
Put simply, high performing workplaces are built on teams.
But what exactly is a high performing team and what are the fundamentals required to create one and maintain it?
Depending on who you ask, you’ll get wildly different answers.
In fact, the desire to understand what creates a high performing team has been the subject of more than 8000 peer reviewed research papers and countless boardroom discussions.
Mind boggling, right?
Well relax, we’ve done the reading, so you don’t have to. Here’s what we’ve found.
A ‘high-performance team’ is one that exceeds all reasonable expectations and consistently produces extraordinary results.
Basically, it’s every leaders’ dream.
Yet, the Harvard Business Review has found that despite the best intentions of corporate organisations, 75 per cent of teams fail to reach a high performing level.
So, to help make sure your team isn’t part of that group, we’ve listed the three fundamentals required to create and nurture high performing teams.
Some Pillars For Success?
Trust is a must.
In his Hoap Expert Series, founder and CEO of global talent booking agency Pickstar, James Begley, went as far as saying ‘’all other aspects of high performance are irrelevant without it.’’
Researchers tend to agree.
That’s because trust creates a sense of psychological and physiological safety that allows individuals the courage to pursue new ways of thinking and to take risks that unlock great results.
Trust also fosters transparency, allowing challenges and conflicts to be solved effectively when they arise.
Employees need to know the why behind what they’re doing.
At a base level, it’s simple – team members must know what their goals are and the reason they show up to work each day. The key to this is ensuring each employee has clearly defined roles and responsibilities.
But that’s just the beginning.
What is more impactful, is ensuring employees understand how what they do every day impacts the overall organization and its goals. They should understand how their work improves the overall business.
Having a purpose and working towards mutual goals fosters a sense of self-worth and value.
This is bigger than you think.
Why, you ask?
It’s because researchers have found that 86% of employees and executives cite a lack of communication or collaboration for workplace failures.
High performing teams on the other hand, have clear avenues of communication, including a combination of formal and informal.
It also requires a leadership team that is prepared to listen, be transparent with all decisions, and be open to input from employees at all levels of the organization.
For more information about wellbeing solution that support high performing teams, visit hoap.com