<![CDATA[ Multimedia and Development LLC<br /> - Our Blog]]>Tue, 24 Oct 2017 00:24:37 -0500Weebly<![CDATA[Team Management Should Not Be Old-School]]>Sat, 02 Jul 2011 19:15:09 GMThttp://mandd.org/1/post/2011/07/team-management.htmlIt's really important for companies to think of themselves not just as a pyramid structure where you have worker bees at the bottom rung, and the Senior Team are at the top making sweeping aristocratic decisions.

Growing Talent, Being Open to Feedback Actually Increases Efficiencies 
It's challenging for a business to run like the old days, similar to a pyramid structure; where some figurehead or group is dictating top-down to worker bees. It's better to incorporate feedback from all levels of the company, which includes bottom-up to make the business a success. Managers who set up feedback loops with their employees not only have happier and constructive input, but they will find that employees do better. 

Of course there are exceptions to every rule. Not everyone will want to offer input. But it's important nonetheless that management is incorporating  a feedback loop. And offers sincere ways to incorporate it into the day-to-day operations. Studies show that most companies who do really well don't have an authoritarian way of doing business. They have more of dialogue with employees and those in the front lines. Of course every business goal is to be successful and make profit for the shareholders and investors. Having a bad company reputation or constant turn-over is not helpful for shareholders and investors either. 

If you want your business to be successful. Consider testing in one department and rolling out in other areas incrementally first. If it seems that the idea/plan went well, expand the model to other departments. Change doesn't have to be a flick of a switch, and overnight. It's important that change and growth happens though. Company's that are most successful know how adapt.

Does your business adapt to the market by ensuring your talent are adapting as well?

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