Sunday, November 20, 2016

Team work in Entrepreneurship

A common way to define team work would be “Teamwork "a joint action by 3 people or more or a group of people, in which each person subordinates his or her individual interests and opinions to the unity and efficiency of the group."
This does not mean that the individual is no longer important; however, it does mean that effective and efficient teamwork goes beyond individual accomplishments. The most effective teamwork is produced when all the individuals involved harmonize their contributions and work towards a common goal.” However this practically is one pillar of any group or firm or organization or anything that has to deal with a set of people and inefficient team work can lead to a sheer blunder no matter how great the motive or strong the product may be of the concerned Business, but when head by the right team leader with a strong motivation amongst all the members, it really can prove that nothing is impossible, look at Reliance whose success story stands because of the right people chosen who handle their responsibilities smartly and multiply their productivity.
The experience of meeting few Entrepreneurs was really a great experience and I could notice the importance of team work as I spoke to them while few expressed their personal experiences of how they handle the team work and how little mistakes cost the team leader badly and even shattering the team can really cost a lot. On the other hand, they shared with an air of victory how they overcame the hurdles standing united.
Mr. Nishant Bannerjee is leading the Zeita Tech Private limited- a MNC and he is the Business Partner in India. He believes the first platform to form a team is by motivating and guiding them towards a common “Goal”. The SWOT analysis of every team member needs to be done very carefully to get the maximum productivity and they are divided for various tasks depending on their strength and weakness to do justice to their share of work and making them responsible for their task makes them add up their own efforts in a surge to give their best else they Individually would be blamed, that no body wants. And addressing the whole group as a team and treat them and induce a family bond always helps according to him. And when there is any achievement, the whole team should be congratulated and given some rewards on a fair basis as a TEAM and no personal likes and dislikes should be entertained. However the team leader must be very careful in not being bias towards any member and when there is a time of trouble, a wise and good leader takes it into his responsibility than pointing out fingers on individual members. This makes him earn more respect by his team mates while the mistake when covered; the individual member makes an effort not to repeat the mistake again. He basically believes in giving the Power equally to each member and when they are united with an emotional bond, the interrelationships are better and the bitterness and negativity can be avoided else can cause problems and affect the productivity of those members working together. And now Mr. Bannerjee proudly says that his team mates can efficiently work together for days together even when he is completely absent from the office and is not at all in touch with any of them.
Mr. Sudhanshu Shekhar owns a Bioinformatics laboratory. When asked about teamwork he expresses his experience in this field where all the research scientists work independently to produce a desired result and while none interfere in each other’s business, however each member has his own part to finish which they all compile to come to a conclusion. This becomes a great challenge since the processes are too tedious and time consuming while one little mistake requires re doing it, and the employees usually lose their patience and calm at other’s mistakes, but Mr. Sudhanshu being a team lead makes them all feel well treated, when there are problems, they all sit together to solve than blame and this is maintained only when the leader builds love and respect with and among the members and they should always be treated as ONE and no member should be made to feel left out, and another feel too special, this increases the differences amongst them and he feels there must be a transparency maintained amongst the team lead and the members while the team leader should be approachable for any issue. The team spirit must be paid utmost attention and all the members should work united sharing their knowledge to help each other than just thinking of their own selves. The leader shouldn’t believe in guiding them, rather they should be given proper freedom to be independent in taking decisions. Then when the work is performed with utmost sincerity, it definitely has substance and all the little parts combine to present the result. Mr. Shekhar completely believes in empowering and improving all his employees and letting them learn what he expects than doing and improving their work if its not perfect, that will not help in the long run and each employee will get lazy.
Mr. Pravat Satpathy, owns a Petrol Bunk is a person known for his respect for all his employees starting from the sweeper to the manager and believes the team work is possible to be efficient only when the leader is strong to mould every one into one same caste that is their “Duty”. The spirit of working together, helping each other and the concept of 5 brains working together is way better than just 1 person working. The team work is maintained by fair work distribution while the final decision is of Mr. Satpathy who has had 25 years of experience. He believes that efficient work is only when the work is distributed properly and this saves a lot of time with distribution. When the work is appreciable he gives them incentives and even though he is the boss, he takes care of every employee personally regarding financial issues, health, emotional etc. that makes this retail sector work together like a family. When things go wrong between few team members, Mr.Satpathy with his indifferent attitude believes in sorting things in front of all the team members as a ONE and there is no back door discussions while problems are solved in front of everyone, thus avoiding all conspiracy, back biting, speaking and thinking ill about each other, rather everything is solved with clarity.
With the basics of team work being all the same, it is a good leader who can really make a team work failing which there are no ends to the downfall and failure of the team, affecting the output, thus the Business.

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