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Exploring effective ways to build high-performing, self-managed teams
September 28, 2023
Imagine a team that manages its schedules, progress, and deliverables without any supervision from a manager. A team that works towards a common goal, where hierarchy is replaced by collaborative decision-making. While this may seem like a far cry from a traditional setup, this is routine work for self-managed teams.
A self-managed team embodies a culture of trust, autonomy, and accountability. All are essential qualities to have in employees of all fast-growing companies. But, building a successful self-managed team has its nuances.
Find out the five most important steps to build self-managed and effective teams.
Effective, self-managed teams require members capable of performing their roles and willing to take ownership of their work while actively contributing to a shared vision. As a result:
Clear decision-making guidelines allow team members to work autonomously where needed. To help them contribute freely:
These necessary investments enhance team performance. They also demonstrate an organization’s commitment to supporting the growth and development of its employees on both an individual and a team level. So:
While self-managed teams promote independence, regularly tracking and measuring performance against these objectives helps team members move steadily on the right path.
Doing so builds a culture of appreciation and support. After all, the goal is to motivate employees to work towards the best outcome — individually and for the team’s benefit.
By building self-managed teams, organizations can unlock the full potential of their workforce, drive innovation, and remain agile in an ever-evolving market. The essential thing to remember is that success is not a destination but an ongoing journey of growth and achievement.
Start with minor adjustments towards restructuring your organization into smaller self-managed teams. Bring an external expert who can help you get started if needed.
Want to know more about setting up self-managed teams? Since 2006, Escalon has helped thousands of startups get off the ground with our back-office solutions for accounting, bookkeeping, taxes, HR, payroll, insurance, and recruiting — and we can help yours, too. Talk to an expert today.
This material has been prepared for informational purposes only. Escalon and its affiliates are not providing tax, legal or accounting advice in this article. If you would like to engage with Escalon, please contact us here.
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