Friday, February 7, 2020
High Performing Teams Analysis Report Essay Example | Topics and Well Written Essays - 750 words
High Performing Teams Analysis Report - Essay Example The employees can voluntarily choose participation that enhances their performance. They provide workforce with constant learning environment so that employees can meet new challenges with high success. BTââ¬â¢s team performance is incentive drive. It primarily relies on two new payment system vis-à -vis new reward framework for managers; and field reward system for non-management grade. It promotes individual and team achievements. New reward framework for managers consists of base salary, bonus and benefits. Base salary is market driven and increment is based on individual performance. Bonus is annual one-off payment depending on outstanding performance criteria and achievement of SMART goals. Benefit package gives the managers the freedom to choose their benefits like different insurance, cars etc. from pre-defined options. The field reward system is voluntary and non-contractual system for field executives. It turns points earned by employees for good work and carrying out specialized tasks successfully into financial rewards. The major weakness is that it actually promotes inequity across workforce and lowers the importance of team work. High performing teams are one of the key strengths of a firm that are performance driven and provide firms with competitive advantage in the market (Bratton & Gold, 2007). The team selection based on job profile and interview tends to overlook the more objective screening of candidate based on Belbin questionnaire and MBTI. The personal biases could creep into selection as the interview is broadly subjective. Moreover, high performing teamwork needs to be consistent. Regular appraisal through Belbinââ¬â¢s questionnaire and MBTI could provide management with effective feedback so that timely measures are applied to ensure continuous high performance of the teams. Indeed, high performance
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