Programs and forums build teamwork amongst ownership, family and management. These drive profits, create a high-performance culture, and achieve the organization’s strategic goals. However, teamwork is not a natural behavior in business, as those involved tend to be competitive, ambitious, aggressive, and want personal recognition.
Why Is it Important?
- Business success is built on teamwork. The owner cannot do it all, so it is imperative business partners, supporting family members, aspiring successors, key managers, employees, vendors, suppliers and advisors work together for the benefit of the organization’s mission.
- Collaboration drives performance. Management forums and incentives motivate department leaders to work together on behalf of the organization goals allowing everyone to win.
Download the Management Synergy & Teamwork section of our Succession Matrix® guide.
See how your business compares to best practices in our printable guide complete with worksheets and additional insights.
Symptoms of a Management Synergy & Teamwork Problem
- Turf wars
- Silo-management
- Under-performance
What are the issues impacting the value of your business?
Contact us to schedule a Phase I diagnostic assessment of your business to find out.
