To achieve your vision and mission, you need resources. Author Mike Figliuolo explains the three specific types of resources you need to set your team up to be high-performing.
- To achieve your vision and mission you need resources, and there are three specific types of resources that you need to set your team up to be high performing. And your job as a leader is to procure all three types of resources and make sure you've got the right balance of them to perform the task and achieve the goals that you've laid out. The first resource is what I call hard resources, so things like cash, equipment, information, data. These are the day to day lifeblood things that your team is going to need to perform the task that you've assigned to them. The second resource you need is obviously people, but not just any people, you'll need people with specific skillsets, and you'll need the right quantity of people to do the work. That quantity piece is critical because we've all been in situations where there's too much work, not enough people. And people get burned out and when they get burned out performance drops, or they leave the organization because they're frustrated. So it's critical for you as a leader to make sure you have the right set of people and enough of them to do the work that's been assigned. The last resource your people are going to need is leadership time. You need to take care of the business needs as a leader, so having the time allocated to go out and manage, and focus on execution, and make sure tasks are getting done. And second, you need to spend enough time on meeting your people's needs, things like morale, culture, people development like skills and training and feedback. Too many times we let the meetings take over our calendar and we focus too much on the management piece. As a leader to be successful with a high performing team you need to carve out that time as well for their access to leadership to do the development piece of your job. And then last, realize in terms of resources and gathering the right resources, the tasks you're required to execute are going to drive the quantity of resources you need. And you can balance between the different types of resources by evaluating downstream what do you need to achieve and what resources do you have on hand today, and where can you balance for shortages. For example, if I'm short of people but long on cash and I have plenty of budget left I can outsource some of the work that I'm required to do to make up for that gap in people. So as the leader of the high performing team you need to look at the work you're being asked to do, look at the resources it's going to take to get that work done, in terms of the hard resources, cash, equipment, information, the people to do the work, and then the leadership time and access to make sure your people are going to be successful. And if you can balance across all three types of resources and make sure your team members have what they need they're going to be able to execute the plan successfully.
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- Create a compelling vision and mission for your team.
- List the steps to conduct strategic planning activities.
- Identify the resources teams need to succeed.
- Determine the skills leaders need to look for when recruiting high performance teams.
- Explain how to create stretch opportunities for employees.
- Describe the primary components of conflict resolution.
- Build bench strength and succession plans.