Majority of the managers say that the single greatest challenge is executing their company's strategy. Team management techniques can help with that. Learn what are the main team management challenges and how you could solve them.
Operations Management -- Sustainability and Supply Chain Management.pdf
To Manage or Not to Manage - With and Without Using Team Management Techniques
1. TO MANAGE OR
NOT TO MANAGE?
by Weekdone
With and Without Using
Team Management
Techniques
2. TEAM MANAGEMENT TECHNIQUES
+47%
8000 managers say that the
single greatest challenge is
executing their company’s
strategy
Companies that increase the
number of talented managers and
2x the rate of engaged employees
achieve, on average, 147% higher
earnings per share than their
competition
8000
WITHOUT WITH
3. 40%
Only 11% of managers believe
that all their company’s strategic
priorities have the financial and
human resources needed for
success
40% cite failure to align
11% $450-$550
72%
Disengaged employees cost
organizations between $450
and $550 billion annually
72% of highly engaged
employees understand their
importance or role and how it
contributes to organizational
success
4. LONG-TERM FOCUS AND ALIGNMENT
36%
Two thirds of senior managers
can’t name their firms’ top
priorities
Engagement automatically
increases as people understand
the reasons behind different
choices and decisions
Set, share, monitor and align
goals in every level of the
organisation:
2/3
Only 36% of organizations have a
standard, enterprise-wide
approach to goal-setting
5. MANAGE YOUR TEAM WITH WEEKDONE -
TEAM GOAL SETTING AND TRACKING SOFTWARE
weekdone.com
TRY FOR FREE
6. OKR
16%
40%
Only 40% of employees are well
informed of their company's
goals, strategy and tactics
Only 16% of front-line
employees clearly understand
the connections between
corporate priorities
When information is shared
openly, hierarchy lowers and
culture improves
Objectives and Key Results is
a great technique to give
people direction and purpose
ė
7. COLLABORATION
30%
86%
30% managers cite failure to
coordinate across units
86% of employees cite lack of
collaboration for workplace failures
Give people a place and an
opportunity to exchange
ideas, give and get feedback:
33%
Better collaboration leads to
quicker problem solving and
improved engagement
33% of employees say the
ability to collaborate makes
them more loyal
8. GOALS
80%
46%
46% of companies review or
revise goals throughout the
year
More than 80% of small
business owners don’t keep
track of business goals.
Establish an overall goal and
make it visible for the whole
team. Set key metrics to
measure it.
Those who write down goals
achieve more than those who
don’t.
9. 56%
19%
33%
50%
Only 50% of senior leaders,
33% of managers and 19% of
front-line employees update
their goals throughout the year
56% of workers feel
overwhelmed due to a lack of
planning, changing priorities,
and limited resources.
4x
69%
Employees with a high level
goal clarity were 4x more likely
to have higher performance
Among employees who strongly
agree that their manager helps
them set performance goals, 69%
are engaged
10. ENGAGEMENT
30%
300$
$
30% of executives say that
motivating their employees is
their toughest job
Disengaged workers cost the
economy 300$ billion per year
Ŏ
35%
Motivate people by giving them
real-time specific praise, freedom
to decide for themselves,
opportunities and an environment
for their suggestions:
Highly engaged employees are
35% more likely to have
above-average productivity.
11. REAL-TIME AUTOMATIC STATUS UPDATES
2.6 h
91%
91% of people use email to
collaborate with their team
Office workers spend on
average of 2.6h/day handling
emails.
Improve company productivity
by automating time
consuming status updates:
Automating email and status
update meetings, leaves more
time for meaningful tasks
12. 37%
16 min
It takes 16 minutes to re-focus
after reading a message
37% of employee time is spent
on meetings
Those who send weekly
progress reports to others
achieve more
Reflecting on your week helps
people to become better at
their work
13. TRANSPARENCY AND ACCOUNTABILITY
28%
6%
ŏ
Ŏ
40%
?
?
?
?
40% of people that write
down goals don’t check
whether they’ve achieved
them.
Use an internal
communication system, that
makes sure everybody knows
what's going on:
Employees who strongly agree that
"My manager holds me accountable
for my performance," 28% are
engaged. Among employees who
disagree, only 6% are engaged.
14. 50%
Only 50% of U.S.
workers believe their
employer is open and
upfront with them
Transparency highlights
issues and encourages people
to find solutions
Transparency increases the
speed, efficiency and quality
of decision making
15. FEEDBACK
Managers account for at least
70% of the variance in
employee engagement scores
51%
68%70%
51% of managers are not
engaged
68% of employees who receive
accurate and consistent feedback
feel fulfilled in their jobs
Employees need recognition
and more responsibility:
16. 13%
Only 13% of employees are
engaged worldwide
43% of highly engaged
employees get feedback at
least once a week
12%
Employees who are happy are
12% more productive
17. MANAGE YOUR TEAM WITH WEEKDONE -
TEAM GOAL SETTING AND TRACKING SOFTWARE
weekdone.com
TRY FOR FREE
18. RELATED CONTENT
BY WEEKDONE WEEKLY STATUS REPORTS
TECHNIQUES
12 BEST
TIME MANAGEMENT
12 BEST TIME
MANAGEMENT
TECHNIQUES
9 UNIQUE TRAITS OF
HIGH-PERFORMANCE
TEAMS
7 LIFEHACKS: HOW TO
SUCCEED IN
PRODUCTIVITY
WITHOUT REALLY
TRYING
BE MORE PRODUCTIVE NOW
7 LIFEHACKS BY WEEKDONE
(that can be absorbed during a coffee break)