Close Menu
The Elite TimesThe Elite Times
  • Home
  • Entrepreneur
  • Finance
  • Fund
  • Investment
  • Marketing
  • Stock
  • World
  • Business

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Visionary Entrepreneur Manuel Manzoni and International Taxation Expert Marco Scardeoni Partner to Drive Global Expansion through GCC Advisors

April 16, 2024

Help comes to Fort Worth businesses affected by explosion – NBC 5 Dallas-Fort Worth

March 29, 2024

Lawmakers claim ‘irresponsible’ withdrawal from Endowment Fund proceeds to pay full dividends

March 29, 2024
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Elite TimesThe Elite Times
  • Home
  • Entrepreneur

    21 Great Business Ideas for Nurse Entrepreneurs

    March 27, 2024

    EY announces 18 female entrepreneurs selected for EY Entrepreneurial Winning Women™ Asia-Pacific class of 2024 | EY

    March 27, 2024

    Victims of Baltimore bridge collapse include father of three and budding entrepreneur

    March 27, 2024

    Until April 2nd, get great discounts with lifetime access to this stock market app

    March 27, 2024

    Secure and reliable project management support for $25

    March 27, 2024
  • Finance

    Rocket Pharmaceuticals Announces Appointment of Aaron Ondrey as Chief Financial Officer and Additional Updates to Corporate Leadership Team

    March 26, 2024

    Reddit ignites resurgence in meme stocks, further sign of ‘bull market on all fronts’

    March 26, 2024

    Walmart stock plummets, retail giant expected to see further growth

    March 26, 2024

    Stocks soar as Wall Street looks to continue breaking records

    March 26, 2024

    Stocks soar as Wall Street looks to continue breaking records

    March 26, 2024
  • Fund

    Help comes to Fort Worth businesses affected by explosion – NBC 5 Dallas-Fort Worth

    March 29, 2024

    Lawmakers claim ‘irresponsible’ withdrawal from Endowment Fund proceeds to pay full dividends

    March 29, 2024

    The LDP slush fund scandal: What will make po

    March 29, 2024

    City of San Antonio seeks dismissal of Reproductive Justice Fund lawsuit

    March 29, 2024

    Clashes expected between Biden fundraisers and President Trump during preview visit to New York

    March 29, 2024
  • Investment

    Amazon (NASDAQ:AMZN) accelerates investment in humanity and accelerates AI drive

    March 28, 2024

    Recent trends in Kazakhstan’s investment situation

    March 28, 2024

    City of South Bend shares plans for Madison Lifestyle District with more than $330 million in private investment

    March 28, 2024

    OKX Ventures announces strategic investment in MyShell, a pioneer in AI-integrated Web3 technology

    March 28, 2024

    Reform of the EU Foreign Direct Investment Screening Regulation – How might M&A Transactions be impacted? | Mayer Brown

    March 28, 2024
  • Marketing

    Premium hospitality is on fire

    March 27, 2024

    S&P 500 sets record as Wall Street emerges from lull

    March 27, 2024

    DevvStream Announces Multi-Year Agreement to Sell CFR Credits with Major Logistics and Marketing Company

    March 27, 2024

    Global online dating services market by service (casual dating, matchmaking, niche dating), subscription (annual, monthly, quarterly), age group, and gender

    March 27, 2024

    Tower Federal Credit Union Receives Two CUNA Diamond Awards for Creative Excellence in Marketing

    March 27, 2024
  • Stock

    Forget Tesla: We think the ‘Magnificent Seven’ should replace this stock

    March 27, 2024

    Forget about Tesla: One of the unstoppable artificial intelligence (AI) stocks belongs to the ‘Magnificent Seven’ instead

    March 27, 2024

    2 Artificial Intelligence (AI) Stocks with Potential for Parabolic Growth

    March 27, 2024

    Mr. Powell’s comment

    March 27, 2024

    What you need to know about Trump Media’s stock debut

    March 27, 2024
  • World

    Take a look inside the New York Stock Exchange, the world’s largest stock market

    March 26, 2024

    China challenges Biden’s electric vehicle plan at World Trade Organization

    March 26, 2024

    Wolfspeed joins Senator Thom Tillis and key officials to conquer world’s largest and most advanced silicon carbide facility

    March 26, 2024

    Amy Brenneman, Raviv Ullman, Jeremy Love, cast and others in ‘Galilee’ world premiere, 34 years old

    March 26, 2024

    These beauty brands are among the most innovative companies in the world

    March 26, 2024
  • Business

    Canadian business leaders say housing should be a top federal budget priority

    March 27, 2024

    The power of mentorship in business

    March 27, 2024

    Los Angeles County business owner forced to pay damages after SWAT raid

    March 27, 2024

    Chinese President Xi meets with foreign business leaders amid economic uncertainty | Business and Economic News

    March 27, 2024

    China’s Xi Jinping meets with US business leaders in Beijing

    March 27, 2024
The Elite TimesThe Elite Times
Home»Entrepreneur»3 secrets to building high-performing teams
Entrepreneur

3 secrets to building high-performing teams

The Elite Times TeamBy The Elite Times TeamJanuary 12, 2024No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email

[ad_1]

The opinions expressed by Entrepreneur contributors are their own.

Life is too short to work with people you don’t get along with.

My co-founder Brendan and I have worked hard to build a team of creative thinkers who enjoy coming to work even when we need to solve difficult problems. Our investment in building that community has paid off. We’re still in the game after 17 years of his.

When your team gets along, there are countless benefits. Innovative ideas flow more freely, people feel free to fail and improve quickly, and customers are happier. Positivity is contagious. Good morale means good product, and good product means good morale.

Establishing a world-class team that produces good things doesn’t happen overnight. You can’t hire a team like this. you build it. Here are his three principles we’ve used for nearly 20 years to build teams that accomplish amazing things.

Related: 7 ways to build high-performing teams

1. Learn to celebrate failure and give feedback

Embracing failure allows you to learn faster and get back on track. Failure is proof that you are doing something right. Even after we hit a wall, we test, learn, exercise our creativity, and move forward efficiently.

To make the most of failure for your company, you need to build a team that is open to feedback. Feedback is a way to make positive changes from failure.

Challenge? Most people cringe when they hear feedback. We associate it with criticism rather than growth. To create a culture that views feedback as an opportunity for growth, leaders must model for their team members how they want to:

A. Receive feedback

B. Give feedback

When it comes to receiving, leaders should welcome employees to comment on how processes, culture, and performance should be improved to improve the business. At Wistia, we love employee surveys. They are effective and easy to implement. I found it advantageous to submit a simple Google form and get a real-time pulse check from a member of my team.

When it comes to giving, the most effective way to create a culture of feedback is to pay close attention to how you give. People respond best to immediate, specific feedback and feedback from people they believe care about them.

Teams that use feedback as a valuable tool set better expectations, align goals, eliminate inefficiencies, and increase collaboration across the organization.

Related: Celebrating Failure: How to Turn Mistakes into Hits

2. Be an open book

Clear communication may seem like an obvious necessity in high-performing teams, but it’s often taken for granted. Unclear communication can quickly undermine a team’s efforts. On the other hand, teams that master accurate communication can achieve amazing results quickly.

At Wistia, we follow an “open book” ethos. All-hands calls share honest information about the state of your company, both good and bad, so everyone sees the big picture. When everyone shares the same vision, they understand the desired destination and the obstacles they face, and are able to creatively solve customer problems.

Standardizing difficult conversations sets the tone for transparent communication within your team. Honesty creates transparency. Avoiding “negative” updates and conversations can hinder your progress when you could be solving difficult problems faster.

Related: 5 examples of companies succeeding through transparency

3. Seek curiosity

When hiring someone to join your talented team, a solid resume is helpful, but curiosity is also essential.

When you’re curious, you’re the type of person who asks “why” until you find a solution or a path forward. Curious people navigate change faster. They find solutions to problems faster. They keep an eye on the competition and look for opportunities even in crisis, with a mission to provide maximum value to their customers.

An inherent willingness to challenge the status quo is one of the most valuable traits needed to stay ahead of the curve in today’s fast-moving markets.

Look for people who ask questions to better understand why something works or doesn’t work. We often include projects as part of the interview process to understand how someone approaches a problem. We look for:

  • What questions will they ask?
  • How do you identify information gaps?
  • How flexible are you working toward a solution?

This project-based interview provides insight into the candidate’s curiosity and approach to work.

The building blocks for building a world-class team start with the hiring process, but are created and cultivated over time. Working to build a high-performing team requires patience, discipline, self-reflection, and a willingness to communicate difficult things. Investing this much effort and time is hard for any leader to do, but if you’re in the business long-term, it’s the most valuable investment you can make for your business.

[ad_2]

Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous Article3 Gold Investment Approaches to Take in 2024
Next Article Business Roundtable Announces 2024 Board and Committee Policy Leadership
The Elite Times Team
  • Website

Related Posts

21 Great Business Ideas for Nurse Entrepreneurs

March 27, 2024

EY announces 18 female entrepreneurs selected for EY Entrepreneurial Winning Women™ Asia-Pacific class of 2024 | EY

March 27, 2024

Victims of Baltimore bridge collapse include father of three and budding entrepreneur

March 27, 2024
Leave A Reply Cancel Reply

Demo
Latest Posts

21 Great Business Ideas for Nurse Entrepreneurs

March 27, 2024

EY announces 18 female entrepreneurs selected for EY Entrepreneurial Winning Women™ Asia-Pacific class of 2024 | EY

March 27, 2024

Victims of Baltimore bridge collapse include father of three and budding entrepreneur

March 27, 2024

Until April 2nd, get great discounts with lifetime access to this stock market app

March 27, 2024
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss

Another downtown store was destroyed.

By The Elite Times TeamJanuary 16, 2024

[ad_1] BAKERSFIELD, Calif. (KGET) — Vandalism. Located in East Bakersfield, Columbus. There’s also one on…

Bridging the gap between business leaders and technical teams

January 17, 2024

Small Business Committee holds public hearing to consider avenues for accessing capital to Main Street

January 18, 2024

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Demo
About Us
About Us

Welcome to [Your Website Name], your go-to source for comprehensive information on funds, investments, and the latest in stock news. We are dedicated to providing you with accurate, insightful, and up-to-date content to empower your financial decisions.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Visionary Entrepreneur Manuel Manzoni and International Taxation Expert Marco Scardeoni Partner to Drive Global Expansion through GCC Advisors

April 16, 2024

Help comes to Fort Worth businesses affected by explosion – NBC 5 Dallas-Fort Worth

March 29, 2024

Lawmakers claim ‘irresponsible’ withdrawal from Endowment Fund proceeds to pay full dividends

March 29, 2024
Most Popular

Visionary Entrepreneur Manuel Manzoni and International Taxation Expert Marco Scardeoni Partner to Drive Global Expansion through GCC Advisors

April 16, 2024

Teenage Girl Finds Mom’s Debit Card, Spends $64,000 on Mobile Games

January 9, 2020

Apple’s Beats Studio Pro Headphones Listed in FCC Database Ahead of Launch

January 10, 2020
© 2025 theelitetimes. Designed by theelitetimes.
  • Home
  • About us
  • Contact us
  • DMCA
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.