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Every year, untold numbers of businesses are launched across the United States, and the unfortunate truth is that most of them will fail.
Why is it that some businesses thrive and grow, while most close up shop within a few years?
There are many factors, including access to capital, understanding one’s marketplace, ability to innovate, and—not to be underestimated—some good old-fashioned luck. But there is one factor that nearly all business owners can control that may directly determine long-term business success: hiring the right people and coalescing them into a successful and powerful team.
Every employee is a unique individual. Each employee brings his/her life experiences that have shaped who they are. So, what they do always makes sense to them – or they would not do it. Then organizations put these individuals in a ‘team’ with employees whose backgrounds are very different from theirs.
And we ‘expect’ them to work together effectively.
Many companies, including some of the biggest tech titans like Facebook or Google, have humble beginnings. Things usually start with a tight-knit core group that shares the same passion and drive. Then, after a few years of hard work, elbow grease, and some good luck, that familial team can balloon into an army. And while this is usually the hallmark of success, it also presents a whole new set of challenges to those leading teams within these high-growth organizations.
As a business grows, the founders will be adding more people to the team and begin to organize those people to ensure that the company is successful.
With your company expanding at a rapid pace, you can no longer employ the same management tactics you used when your entire team could share a single pizza.
You must understand how to organize a team effectively!
High-performance teams:
Click here to view more PDC/RCH courses.
Check out our HR-related certified courses on Managing HR Challenges | Stress Management | HR Laws and Compliance.
Account Executive, The Focus Group
As Founder of The Focus Group, Pete and other TFG consultants have provided strategic consulting and training services to manufacturing and service organizations across the U.S., Canada, Caribbean, Europe and the Middle East. Pete has worked closely with the senior leadership of organizations such as Exxon, Brink’s, EMC, State Farm Insurance, Marriott, N.C.I., Cracker Barrel, Freddie Mac, and YKK. Pete is also the co – author of ‘Leading Your Organization to the Next Level.’
Prior to founding his own firm 20 years ago, Pete had 15 years of extensive experience at the plant, divisional, and corporate levels in the Human Resource and Customer Satisfaction fields. Pete held leadership positions – to include the V.P. of Human Resources and Quality – with Allied Signal, Imperial Chemical Industries, Reynolds Metals and Charter Medical.
A significant amount of Pete’s experience has involved working within and consulting with rapidly growing organizations to include:
completely developing the human resource function and staffing a 300 person manufacturing facility to become fully operational in seven months
creating and delivering the human resource services necessary to support a for-profit hospital management firm’s international growth from 18 to 85 hospitals with the addition of 8,000 employees over an 8 year period
implementing a customer loyalty enhancement and recovery program for the world’s premier international data storage provider while the company was doubling in size.
Pete also frequently creates and facilitates a wide variety of leadership development programs for organizations such as the American Management Association, The Georgia Employers’ Association & The Community Bankers’ Association — “Strategic Planning”, “Moving from an Operational Manager to a Strategic Thinker”, “Managing Organizational Change”, “Profiting from Total Service Leadership”, “Talent Management” and “Implementing & Utilizing the Proper H.R. Metrics.” Employees from over 4,500 organizations have benefited from Pete’s experience and insightful perspectives.
Pete holds a B.A. degree in Psychology from Emory and Henry College and Masters Degrees in both Business Administration and Industrial Psychology from Virginia Commonwealth University.
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MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
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