Characteristics and Management of Team-Based Companies

This article discusses the characteristics and management of team-based companies, including shared leadership and responsibility, team accountability, and flexible working environments. It also explores the use of democratic and transformational leadership styles and the impact of team dynamics on managerial power.

Capstone

TABLE OF CONTENTS
MAIN BODY...................................................................................................................................3
REFERENCES................................................................................................................................5

MAIN BODY
With the analysis of the reading it is clear that there are many different characteristics
which makes the company differentiated from team- based organisation. The major characteristic
is the shared leadership and responsibility. This is the most important characteristic which makes
the team- based company different from the other companies. This is because of the reason that
when there is shared leadership and responsibility then this provides much better output and
attainment of company objectives (Reimer, Taggart and Chapman, 2019). Along with this
another characteristic involves the team accountability. This is because all the members of team
will be accountable for every working of the business. in addition to this, another characteristic is
the flexible and empowered workforce and working environment. The reason pertaining to the
fact is that when there will be flexible working in team then working will be done in much better
way resulting in better working environment.
The use of democratic and transformational style of management and leadership is best
for managing a team- based company. The reason for using these two style is that it involves
taking into consideration the views of other team members as well. Hence, this will involve the
other team members and employees as well and this will motivate them to work in better manner
(Van Wart and Denhardt, 2019). Along with this, the use of transformational leadership will
assist the company in implementing the changes in better and effective manner. Hence, the use
of these leadership and management style will provide best work within the team and company
will be in position to attain its objectives and performance measure.
Further with the help of the reading it is clear that team- based setting affect managerial
power and leadership within the company. this is pertaining to the fact that when the team
working will not be good then this will be affecting the managerial power and leadership. in
case, the leader keeps the power in hands of them only then this can demotivate other team
members (Larson and DeChurch, 2020). For instance, the use of visual cues is assistive in order
to manage communication between remote teams. In case the leadership will be tough then this
might affect the working condition of team- based company. the reason pertaining to the fact is
that the employees might feel that leader is imposing things on them and they do not work in
better manner.
Further the leader and management plays a crucial role at time of distributing the power
within the team. The reason underlying this fact is that when the power will not be distributed in

proper manner then this can affect the working efficiency of overall team and company
(Kozlowski and Chao, 2018). hence, it is the responsibility of leader or the management to divide
the power in such a manner that it is distributed in equitable manner. In case the power will be
concentrated in hands of few people then this will be affecting the working efficiency of whole
team. Hence, for this the leader analyse each and every team member and then provide them with
the appropriate and relevant power.

REFERENCES
Books and Journals
Kozlowski, S. W., & Chao, G. T. (2018). Unpacking team process dynamics and emergent
phenomena: Challenges, conceptual advances, and innovative methods. American
Psychologist. 73(4). 576.
Larson, L., & DeChurch, L. A. (2020). Leading teams in the digital age: Four perspectives on
technology and what they mean for leading teams. The Leadership Quarterly. 31(1).
101377.
Reimer, R. D., Taggart, P., & Chapman, B. (2019). Leadership development: Observations on
practicum as a team-based approach. The Journal of Character & Leadership
Development. 6(2). 96-114.
Van Wart, M., & Denhardt, K. G. (2019). Organizational structure: A reflection of society's
values and a context for individual ethics. In Handbook of administrative ethics (pp. 227-
241). Routledge.