Building a Winning Team – Part 5: Investing in Your Team

While there are many technical aspects that go into in building a high-performance team. Building a positive work culture and fostering employee growth by effectively investing in your team is a key for ensuring strong morale, excellent job satisfaction, and to minimise staff turnover.

What does investing in my team look like?

Investing in your team looks like upskilling, retraining and developing staff members to be able to their full potential and keeping them engaged – allowing them to progress in their individual careers and in their personal interests.

At Bramwell Partners we are Brisbane’s leading provider of HR consulting services. If you need help creating a high-performance team, and reducing staff turnover in your organisation, we can help.

Contact us by emailing success@bramwellpartners.com.au, calling 07 3630 5695, getting in touch online now, or continue reading to learn more about investing in your team.

The Importance of a Team – Investing in Your Team Strategically

In business we idealise a team that works effectively together like a well-oiled machine and that brings sustainable business growth. To achieve this result, management can implement a number of strategies to engage their team to achieve results.

Mentorship

Effective mentorship from the management team, other colleagues and/or team leaders is key for fostering a culture of learning and performance. Mentoring is also a fantastic way of building and cultivating strong professional relationships to support synergy and create connection to the organisation.

The best mentors are often those who can take a personal and tailored approach to suit the employee. This builds a foundation of trust and mutual respect which is key for team synergy.

Coaching

Coaching helps your team members to enhance their skills and directly improves their ability to carry out tasks and positively contribute to business objectives. Coaching is about the skill-building and training aspects of leading your team. Implementing appropriate training and development programs in your organisation is a game changer to ensuring your team performs effectively and to the requirements needed.

Team Culture

A strong and healthy team culture is the common denominator of all high-performance teams with driven employees. Creating a safe, caring and encouraging environment supports the learning and development of new staff members. Additionally, a healthy workplace culture supports the retention of key talent. What this culture may look like, depends on your industry and those who make up your team.

Tailored Initiatives to Engage Employees

Creating employee ‘buy-in’ can be a difficult challenge to curb in many businesses. The risk of getting your remuneration package, benefits and engagement initiatives wrong can mean the difference in retaining or increasing staff turnover.

All employees are different and need to be engaged as an individual. For some they may seek greater work-life balance for their families or external commitments, for others they may feel more engaged through a higher remuneration package and a Company Car. As managers it is our responsibility to take the time to understand the unique interests and motivations of our team to drive engagement while also reducing staff turnover.

Regular Feedback

An often-overlooked tool for reducing staff turnover and increasing engagement is providing regular feedback. It is critical to measure the performance of your initiatives to make sure that your strategy is effective and producing the desired outcomes. Creating opportunities to give and receive feedback is key to creating a high-performance team.

Getting More Out of Your Team is Easier Than You Think

Appreciating the importance of a team that works well together is an integral part of fostering sustainable, ongoing business growth in any organisation, and building a winning team is a lot easier with the right help.

For professional HR management assistance, speak to a Bramwell Partners HR business consultant today. Contact us by email at success@bramwellpartners.com.au, call us on 07 3630 5695, or get in touch online to get started.