Bikran Sandhu, CPA’s Post

Here are some tips to build and maintain a high performing team: 1. Hire the right people. The first step is to find and attract the right talent. You want people who have the skills, experience, and mindset that align with the Company's vision, values, and goals. You also want people who can work well with others, communicate effectively, and adapt to change. Hiring the right people can save a Company time, money, and headaches in the long run. 2. Provide clear expectations and feedback. Once you have the right people on board, you need to make sure they know what is expected of them and how they will be evaluated. You should set SMART (specific, measurable, achievable, relevant, time-bound) goals for each team member and the team as a whole. You should also provide regular and constructive feedback to help them improve their performance and address any issues or challenges. Feedback should be both positive and negative, and should be delivered in a respectful and timely manner. Don't wait until an annual performance review to provide the feedback. 3. Empower and support your team. You should not micromanage your team, but rather empower them to make decisions and take ownership of their work. You want to provide them with the resources, tools, and training they need to succeed and support them by removing any obstacles, resolving any conflicts, and celebrating their achievements. Fostering a culture of trust, collaboration, and innovation, will help your team feel valued and motivated. 4. Align your team with the organization’s strategy. Your team should understand how their work contributes to the overall mission, vision, and objectives of the organization. Communicate the strategy clearly and frequently, and show how your team’s goals align with it. You should also involve your team in the strategic planning process, and solicit their input and feedback. This way, your team will feel more engaged, committed, and accountable for the results. 5. Leverage data and technology. You should use data and technology to enhance your team’s performance and efficiency. You can use data to measure and monitor your team’s progress, identify opportunities and risks, and make informed decisions. You should also use technology to automate and streamline your processes, improve your reporting and analysis, and enable collaboration and communication. Lastly, try to keep up with the latest trends and innovations in your field, and adopt the best practices and tools for your team.