Michael Jordan once said, “Talent wins games, but teamwork and intelligence win championships.”
He’s right — trying to go it alone rarely results in growth, which is why effective team management is so important.
In this article, you’ll learn why exactly team management is important, what a well-managed team looks like, how to develop better team management skills, and 6 tips for effective team management.
What is team management? Why is effective team management important?
Team management is the ability of either an organization or manager to carry out and coordinate a team to execute their tasks and common goals. Team management usually involves a manager, a team, communication, objective setting, and oftentimes a project management software like monday.com.
Efficient team management is crucial because it leads to productive and motivated employees.
Let’s take a high-level look at 3 benefits of effective team management and work culture:
1. Happier employees
A team leader should focus on promoting the best working environment to help boost teamwork, morale, and productivity.
At monday.com, we place a strong emphasis on our culture and employee happiness. Since culture has a direct effect on employee happiness, think of what culture you want to promote, and hire people who fit your culture. After all, it’s in your hands:
A recent survey showed that support from leadership and management was the most important element of a company’s culture.
2. More productive employees
With effective team management, you can shape a culture where employees thrive. In a survey, 77% of US workers said culture has a strong impact on their ability to do their best work.Proper team management can build a culture where workers can focus on their work rather than worry about external elements.
3. Reduce employee turnover
81% of business owners in a 2019 survey agreed that “turnover was a costly problem.”
It states that U.S. businesses spend $1.1 billion per year looking for replacement workers!
The survey, which includes data from the Bureau of Labor Statistics, reports poor relationships (conflicts with managers or colleagues, etc.) as the second-most stated reason for employees quitting.
With this context, it becomes more evident that managers must build a good work culture to retain their best employees.
What makes an excellent manager?
While there’s no single metric to define a great team manager, there are several defining aspects of a well-working team that showcase strong leadership.
You know a manager is successful when everyone has…
- A clear understanding of their own responsibilities
- A desire to achieve team and organizational goals
- Regular check-ins by managers and supervisors
- Managers that are open to receiving feedback from team members
6 essential tips for effective team management
1. Communicate directly and transparently with your team
On the flip side, poor digital communication lowers employee morale and productivity. This negatively impacts customer satisfaction and the bottom line.
A workplace platform, like monday.com, can help managers and team members communicate better. For example, a manager can use a project communication plan for meetings, tasks, and progress reviews.
2. Offer a clear vision
In a 2019 survey, a majority of managers stated that keeping their team on track to achieve goals was an important part of their role.
However, a manager who doesn’t have their eye on the ball can’t ensure their employees move in the right direction.
Managers can often get side-tracked from their original goals by their own daily tasks and everyday team problems, whether they are big or small.
A manager who loses track of their own path can confuse employees.
Setting a clear vision that highlights short-term and long-term goals for projects, teams, and the overall organization is arguably the best way for managers and employees to stay focused.
Managers can use team management software, such as monday.com’s OKR (objectives and key results) template, to list and track goals. Templates can help maintain focus while also directing teams towards achieving their goals.
3. Encourage team collaboration
Employees who say they feel like part of a team are 2.3 times more likely to be engaged at work.
So if teamwork leads to engaged employees, then what builds teamwork?
Effective collaboration, which is crucial for members of your team to ensure projects are delivered on time without conflicts.
Managers must capitalize on software to boost collaboration. It’s almost expected of them, with most Millennials (85%) and Gen Z (79%) workers saying they wanted their direct reports to use technology for problem-solving.
Platforms with a customizable project tracking template can be used by managers to set-up a project. Everyone involved in the project can then track tasks, deadlines, and changes quickly.
This transparent approach also enables employees to receive feedback and flag any issues almost immediately. Overall project management is also improved.
4. Delegate with care
A manager is expected to assign tasks to employees based on skill, experience, and competency. They must trust that every team member can complete assigned tasks on time.
Ideally, every team member should have a fair workload.
Improper delegation causes employee burnout. A Gallup survey found an “unmanageable workload” is the second-leading that employees state for being burnt out.
How can managers ensure that they respect individual capacities?
The answer is having an overview of task assignments for each team member and their deadlines.
A task management template that allows oversight of these factors can help managers delegate tasks better. They can easily identify and make changes to reduce heavy workloads:
5. Give feedback and recognition
Constructive feedback sessions provide insights into areas where improvements are needed, both for employees and managers. It gives employees clarity on where they stand and where they are headed.
Changes influenced by these sessions can help employees, managers, and the team perform better and build trust.
Effective managers must make time for consistent feedback sessions. Research shows that employees want regular feedback. 92% say they want more than an annual performance review. 72% want at least monthly review sessions.
Another critical aspect of feedback sessions is recognition.
Appreciation of team members’ efforts and achievements has a significant impact on employee morale, while a lack of recognition can lead to burnout.
Scheduling feedback sessions while handling many other responsibilities can be challenging. A dynamic feedback tracker can help managers:
6. Overcome remote work challenges
It’s estimated that by the end of 2021, 25-30% of the US workforce will work from home more than once a week.
To handle a remote team, managers must identify and solve the challenges of hiring and managing virtual team members, before doing so.
Some common problem areas include scheduling and miscommunication. A remote work plan template can ease these problems.
Apart from using software to overcome operational challenges, managers must also recognize their remote workers’ other needs.
Feedback sessions, for example, are crucial for remote workers. Research shows that remote employees that received good feedback in the past week were 4.6 times more likely to be engaged with the team.
Effective team management is essential for both team and organizational success.
A manager that excels in fundamental areas—such as setting goals, delegating tasks, and providing consistent feedback—is more likely to have engaged employees working under them.
Effective managers can keep tabs on their employees’ engagement levels by taking advantage of monday.com’s employee engagement template.