Navigating the world of team dynamics can be much like a dance – each step, each turn requires coordination, trust, and a shared rhythm. In our latest episode of The WealthBuilders Podcast, “The 5 Stages of High Performing Teams: Part 2” Dave and Karen Metcalfe take a deep dive into the final three pivotal stages of team excellence.

After discussing two points last week, we’ll dive into the next three stages that will help maximize your team’s performance. Listen to the podcast here and read the shownotes below to learn how to improve your team’s performance.

Shownotes

The 5 stages of high performing teams are:

Security: Team members feel safe and accepted.
Acceptance: Team members respect each other’s differences.
Responsibility: Team members feel like they contribute.
Productivity: Team members are focused on achieving their goals.
Optimization: Team members are constantly learning and improving.

These stages are not linear, and teams may move back and forth between them.
The goal is to move through the stages to become a high-performing team.
Last week, we discussed the first two stages.

Stage 3: Responsibility

In the responsibility stage, team members feel like they contribute.
They are committed to each other’s success and want to solve problems together.
They are creative and take risks.
They seek input from others.
Leadership skills:

Avoid speechmaking. When you are talking with your team, avoid giving speeches or lectures. Instead, invite them to share their ideas and perspectives.
Communicate skills and policies in an inclusive way. When communicating skills and policies, use language that is clear and understandable for everyone on the team. Avoid jargon and technical terms that only some people will understand.
Invite team members into the kitchen. This is a metaphor for inviting team members to be involved in the decision-making process. Don’t just tell them what to do, ask for their input and ideas.
Ask questions and listen to their answers. When team members share their ideas, take the time to listen to them carefully. Don’t interrupt or dismiss their ideas, even if you don’t agree with them.
Give them opportunities to make decisions. When team members are given opportunities to make decisions, they feel more ownership over their work and are more likely to be committed to the team’s success.
Celebrate their contributions. When team members contribute to the team’s success, be sure to celebrate their contributions. This will show them that their work is valued and appreciated.

Stage 4: The Work Stage

The work stage is the fourth stage of high-performing teams.
In this stage, the team is performing at a high level.
They are working together effectively and efficiently to achieve their goals.
They are able to come up with alternative ideas and suggestions for problem-solving.
They are implementing solutions and moving forward as a group.
This is a powerful stage for leaders, as they can delegate leadership responsibilities to the team members.
This allows the leader to focus on other aspects of the business, while the team members take ownership and responsibility for their work.
To help teams move into this stage, leaders can use tools such as organizational clarity surveys.
These surveys can help to identify core issues and objectives, and can also help to create a sense of ownership and responsibility among team members.
In the work stage, teams are constantly looking for ways to improve their performance.
This is a positive and productive stage, and it is essential for teams that want to achieve long-term success.

Stage 5: The Continuing Improvement Stage

The fifth and final stage of high performing teams is the continuing improvement stage. This is where the team is constantly looking for ways to improve their performance. They are always learning and growing, and they are never satisfied with the status quo.

In the continuing improvement stage, teams are always looking for new ways to:

Solve problems
Increase efficiency
Improve quality
Reduce costs
Generate new ideas

They are also constantly sharing knowledge and best practices with each other. This helps them to learn from each other and to continuously improve their performance.

The continuing improvement stage is essential for high performing teams because it allows them to stay ahead of the competition. By constantly learning and growing, they are able to adapt to change and to deliver better results.

By following these tips, you can help your team reach the continuing improvement stage and achieve long-term success. After diving deep into the intricacies of team dynamics, shift your focus to a great opportunity to make and meet your real estate goals.

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