Building Effective Teams through Motivation - The Phoenix Group Case Study
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Added on 2022/12/29
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This presentation focuses on The Phoenix Group's case study, exploring the ways in which they built effective teams through motivation. It also discusses the team development attributes that contributed to their success. The presentation provides valuable insights for managers.
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Business Management
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Introduction Business management is determined as branch of study oreducation that generallyprovidetrainingandknowledgerelatedtoplanning,supervision, execution, as well as evaluation of business unit and its operations. Respective presentation is based on the case of The Phoenix Group who enhance their numbers of employees from 800 to near by 4300 after the acquisition of September 2018 at the United Kingdom. The topic include in respective presentation are ways that respective company adopt in order to develop an effective team by motivating employees. Along with this it also include information related to team development attributes that may contribute to company’s success and it also include findings suitable for the manager.
The ways in which The Phoenix Group may build effective teams through motivation Effective team consist of employees that has right skills to carry out business task as well as member are working towards accomplishment of common objective. It is essential for organization to develop and build effective team in order to successfully conducting business practices. Effective team of organization will have capabilities and potential to enhance business performance in correct and appropriate manner. Motivation can be describe as different practices and task that will lead to encourages employees as well as boost their moral.
Continue… There are different ways and approaches that could be consider by The Phoenix Group in order to build effective team through motivation. Share vision Communicate effectively Encourages teamwork Develop positive working environment
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Identify team development attributes that may contribute to The Phoenix Group’s success Team development attributes are considered as factors which a company may adopt in order to develop an effective team as well as these attributes also help in ensuring that all the work are conducted properly in team. There are several team development attributeswhichanorganizationmayadopt.Belowsomeofthemainteam development attributes are mentioned in respect of The Phoenix Group’s success:- Communication – According to this it is essential for The Phoenix Group management to ensure that there is proper and effective communication in team as this will help in understanding each other perspective in effective manner.
Continue… Good leadership – In order to develop a successful team it is essential for The Phoenix Group management to conduct good leadership as that will help in ensuring that employees are conducting work properly. In addition to this it also ensure that all employees get proper guidelines for completing work properly. Focus on goal and result – It is also one of the effective strategies for the successfulteamdevelopmentaccordingtowhichteammembersand management of The Phoenix Group success need to focus on goal and result. This is so because by it respective company ensure that they will conduct work properly as well as with minimum errors for attaining desire goal.
Main finding suitable for The Phoenix Group managers According to the situation of The Phoenix Group, management are conducting several practices in order to motivate their employees such as they offer flexible benefits such as on site gym, tennis courts, free health lunches, nature reserve walk and so on. In addition to this company also provide training to employees for maintaining mental as well as physical health in effective manner. These all practices help respective company to motivate their employees and ensuring that they conduct work properly. In addition to this, by adopting above mentioned strategies for developing a successful team management ofThe Phoenix Group able to ensure that all the employees able to conduct work in team which directly increase their work performance as well as quality.
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Conclusion Through the evaluation of above mentioned topic it can be summarized that for every company it is essential for a company to conduct effective motivation strategies so that they can motivate employees. Through this company management able to enhance the performance of employees as well as they also able to encourage them to conduct their work in proper manner for attaining desire goal and objectives. Motivated employees also conduct effective work in team as well as thereareseveralwaystomotivatestaffssuchassharevision,communicate effectively, encourages teamwork, develop positive working environment and many more. In addition to this, thereareseveralteamdevelopmentattributeswhichacompanyadoptsuchaseffective communication, good leadership, focus on goal and result and so on. In respect of this it is essential for a company management to understand these aspects and develop strategies and plans accordingly as that help in desire goal.
References Wang, S. and et. al., 2020. Smart manufacturing business management system for network industry spin-off enterprises. Enterprise Information Systems, pp.1-22. Stankov, I. and Tsochev, G., 2020. Vulnerability and protection of business managementsystems:threatsandchallenges.ProblemsofEngineering Cybernetics and Robotics, 72, pp.29-40. Yankovskaya, E.S., 2020. Transformation of a business management system in theRussianFederationundertheconditionsofglobaldigitalization. Entrepreneur’ s Guide.