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As an businessupdates.org or leader, you know that success comes from having a close-knit team. But what if you could take your team to the next level? What if you could go beyond a “Team with a Leader” and create a “Team of Leaders” that will help your business grow and propel it to new heights?
That is the power of a team of leaders. In this article, we explore what a team of leaders is and why it’s crucial for your business to lead the way.
Table of Contents
What is a leadership team and why is it critical to business success?
A team of leaders is a group of ordinary people who learn to lead their own contribution and lead those who report to them – this includes those who have no one to report to them. They lead their contribution to the organization and often also lead customers or suppliers.
This means using a strong best practice for developing leaders across the organization, not just at the top. When a team of leaders is established, it can lead to a significant increase in employee productivity, innovation and engagement.
A team of leaders helps distribute resourcefulness, workload, and responsibilities, allowing the company to operate more efficiently and effectively. This mechanism of unleashing a new culture of innovation and ownership makes team members feel fully alive in their work. This translates into significant gains in productivity and profitability.
Related: How Successful Leaders Communicate With Their Teams
The benefits of creating a high-performing team of leaders
First, creating a high-performing team of leaders fosters a culture of collaboration and innovation, which can lead to new ideas and solutions. When every team member starts thinking, “What would a good leader do in this situation?” leadership growth becomes part of the culture.
When team members are taught how to take risks, reinvent processes, innovate and think for themselves, they are upgraded from employees to leaders. This concept creates a sense of ownership and responsibility, which translates into more involvement and motivation.
Second, a team of leaders can help companies stay ahead. By constantly looking for new information and trends, they can respond to changes in the market and adapt quickly. This can help the company stay competitive and grow.
Finally, a high-performing team of leaders can help develop the next generation of leaders. By investing in leadership development, companies can create a pipeline of talent ready to take on new challenges and opportunities.
Jumping the curve is a concept that refers to companies that can outperform their competitors by creating new products or services that are significantly better than what is currently available. A team of leaders is the best way to achieve this. When team members are trained to think like leaders, they can create new products or services that are groundbreaking and groundbreaking.
Related: 5 essential things employees can teach leaders about growth, success and happiness
The characteristics of a power team and how to build one
There are three keys to building a team of leaders. These three keys must become part of the culture of the organization and that takes time. It is normal for these three keys to take 12-18 months to become institutionalized in the structure of the organization.
- Weekly leadership training throughout the organization. This is not achieved by an external meeting, a webinar or a short training. Think of a block of ice that needs to become water. Culture is about small weekly workouts where the temperature rises slightly each week. After six months, changes begin to occur and that process causes the ice to melt automatically. Keep it up for a few more months and the water will turn to steam. Focus on the process of small weekly changes and the results will be automatic. This weekly training can consist of simple 30 minute sessions where you start to allow yourself to work differently and provide practical tools to develop how they work. Introducing concepts such as deep work or helping team members understand how you make money. It is inspiring to understand how their actions contribute to the bottom line.
- Normalize the new behavior. The training should become the new way you do things. Raising expectations that everyone should participate, because “This is our new normal.”
- Creating a culture of trust. This means a ‘no blame culture’. We know that when team members feel safe, their brain chemistry shifts into the mode that allows them to be innovative and feel a sense of belonging. When they continue to fear the consequences of poor results, their brain chemistry remains defensive and they will not adopt the New Normal. Nothing will change.
Related: Master These 5 Leadership Skills to Increase Your Results Tenfold
The importance of trust in a team of leaders
Trust takes time. Many leaders have betrayed the trust of their teams. In these cases, humility is the power option. Recently I was in a meeting with a company’s leadership team and the CEO said, “I want to take a moment to address a serious issue that has held us back as an organization. I have betrayed your professional trust. I apologize for that “. We are all learning. We are creating a new 2.0 version of the company – as a team of leaders. I’m still learning how to lead a team of leaders. This is also new to me.” This immediately impacted the team and improved productivity and morale.
To take the first step toward building a team of leaders, companies need to focus on weekly company-wide leadership development and create a new 2.0 culture – the new normal.
