Building Your Management Team

By Patty DeDominic

All champions have a coach. So, it’s a good idea to take some advice from an entrepreneur who has built some management teams.

Here are some tips about team building

n  Appreciation pays big dividends. Showing appreciation in any form for team members will help keep the team together. Like a well-oiled machine, an appreciated team works well together.

n  Turnover costs a lot. After the right hire is made, retain your team member as long as possible because it’s costly to recruit and start all over again.

n  Lack of turnover also costs a lot. If the new team member isn't working out, it’s best to evaluate the hire, assess the situation and take corrective action. That could mean changing assignments.

n  Seek diverse skills. To multi-task, which is so much required these days, a manager must have multiple skills. Training is needed is something is lacking in his or her skill set. It’s not a good idea to hire someone who is not willing to learn new skills.

n  Seek unified actions not uniformity. A team works together as a unit, but not every member is the same. Some members may be stronger at some positions than others, but everyone should have a well-defined role that fits into the company’s strategic plan.