The Board Team As A Family Unit  

Considering your board team as a family may not always be the easiest thing to do, especially if you have a high turnover of staff. If your group is fairly stable then this can often be a useful way of thinking about things.

 

In families, at least the functional ones, all the people involved feel valued and needed, not just for the fact of their ability to perform certain functions, like chores, but also because of the very fact of their own character – how they interact whilst doing those chores.

 

This is a key consideration for good team building.

 

Are Your Board Team Members Happy?

 

It is not just about whether or not a certain person can perform the tasks that are assigned to them, it is also about whether they are happy performing those tasks, and therefore whether they are pleasant company for the rest of the team whilst performing those tasks and during downtime.

 

To a certain extent, the process of a team becoming like a family is a natural one – humans are extremely social creatures, and we naturally fall into a good working rhythm with those we spend a lot of time with.

 

However, there are always going to be times when tempers flare and personalities clash. Without getting too fluffy over the whole thing, the root of these flare-ups may well have to do with the family background of the individual team members. The family is where we first learn to work together, or not as the case may be.

 

Get to Know Your Board Team Members

 

Finding a little out about your executive team members’ backgrounds may well be the key to unlocking their greatest potentials. In the dim and distant past, when the family unit’s very survival hinged upon their ability to work together efficiently, things were basically more brutal, and the consequences of not working together essentially extremely dire.

 

In the modern workplace, people can often see the consequences of falling out with people or ‘writing them off’ as something which has basically very little consequence – people can always get another job, or apply for a transfer or whatever, but the basic facts remain the same: any team can achieve wonders with the right attitude.

 

So part of the problem is, therefore, to persuade people that their working together does matter, that they matter, and that other people matter just as much as they do.

 

This can be achieved by a number of methods, but you will notice that many of today’s team-building strategies involve a game of some kind, in which the participants are asked to pretend that they’re working together really does matter – think survival weekends, paintballing etc. All these activities are designed to impart a sense of urgency into the matter of working together.

 

As a leader, you should remember that your input helping people to cooperate and really ‘put their backs’ into things may very well help them in ways that go far beyond the projects or tasks you are working on at the time. It comes down to caring about people, and caring about your work, even though it may seem insignificant in the grand scheme of things. For more advice and a professional consultation One Third More offer Board Team Coaching in Nottingham. Find out more about their team consultants here.

 

To many people, the best way to achieve this is by making the whole thing into a game.

 

Games make learning fun, and even if their family background or their schooling have given people the impression that learning is not fun, a good team, and a good leader can dispel this false notion.

 

Good leaders know that there is more at stake than just hitting targets, that even the lowliest tasks are an essential part of life, and they are willing to show people that they are worth caring about, and so is the job.

More Than 90 Percent Of New Businesses Fail Within The First Year: Why?

You have probably heard that the vast majority of new start-up businesses fail within the first year. If you are considering starting one of your own, it is essential that you understand why this has happened to so many other people so that you can avoid those mistakes and make your dream come true.

The fact is that there are many different things that a person can do that will contribute to the demise of a new company. One of the biggest is poor planning. If a person does not know what will happen when things go amok, it can leave them in ruins. However, this is something that can be somewhat avoided through the use of contingency plans. While you cannot account for everything that could happen, a bit of planning will do wonders for improving the outcome of your entrepreneurial endeavors.
You will also have to make sure that you understand how the money is going to flow. There are businesses all of the time going under that have plenty of inventory but do not have any cash on hand. Employees cannot be paid nor can orders for other merchandise that is moving be paid for in these circumstances.
While it may be challenging to figure out all of those things, if you do not, you will follow in the footsteps of those who have to liquidate everything just to pay off the debts that the company has. You certainly do not want to see your dream end in that manner. An example of a failed business in Cayman is Water Company Ltd.
There are other reasons that a business might fail, including going into it with the wrong people. Sometimes your spouse, sibling or best friend is not the ideal business partner. You need to be able to separate your personal life from your professional life with the folks that you are involved with.
How many times have you seen a story in the paper about a company going out of business only to find out the couple that owns it is getting a divorce. While this is not the case with everyone, it is a reminder to make wise choices regarding your business partners in any type of endeavor.
You can have a great company that lasts for decades if you are able to make wise choices. Avoid the common pitfalls that cause so many others to collapse.