The Economy of Teams™ is an organisational theory with a focus on company performance. In the current business climate, many organisations possess untapped potential that can be unlocked.
Despite the collaborative nature of the project, the focus remains on individuals, such as rockstars and pool (!) of people. Still the magic is in the Team work.
Rockstars exert significant influence within their professional network. The power of a rockstar within their network is greater than that of an individual operating alone. In other words:
1 + 1 > 2
This investment is essential for ensuring the stability and growth of a company.
The Economy of Teams™ emphazes: The naturally formed teams are known for their ability to build stable organisations and implement optimised business processes.
To benefit from this hidden power, you need to embrace its mission:
Mission of The Economy of Teams™ : Increase the Teams value in the business world.
The microclimate created by such teams is characterised by the following:
- high morale
- high efficiency and commitment
- creative future oriented mindset
The change itself requires adaptation of the classic people management processes and so a fit-for-purpose administration. Some practices shall be revised:
- new way for staffing
- adapted team leadership
- empowered teams and a shared Leaders of Leaders™ style
The optimised operations, when combined with the innovative organisational strategy, deliver another key benefit: an enhanced company image.
In the business world, companies that invest in their people are often seen as strong competitors. The principle of the well-known McGregor Theory Y is particularly relevant in today’s business environment.
The Economy of Teams™ represents a novel paradigm within the domain of organisational strategy. The pursuit of team-based objectives is the key, and the future of the labour market will evolve beyond individualistic approaches.
Vision of The Economy of Teams™ : Teams acting across companies ensure faster and higher ROI by minimizing organizational processes. Therefore, Teams strive for staying together, while companies aim at keeping them within their borders.
Consider Economy of Teams™ as your next long term investment. Envision stable work environment and a minimalistic organisation.
Read also about the Future:
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