5 Steps to Building a High Performance Team
In today’s competitive business environment, building and sustaining a high performance team is a vital ingredient for success. Join our free webinar to:
- Explore the 5 key stages with the greatest impact on outcomes for performance, productivity and cost savings.
- Access tools to identify any current gaps in your business.
- Discover the tried and tested practical strategies you can implement to boost your team’s performance.
Is your business facing challenges such as:
- Increased team pressure as vacancies go unfilled?
- Gaps in team collaboration and strained team relationships?
- Constant churn of finding and keeping the right people for your team?
- Unstable team dynamics that are impacting performance?
- Wasting time and money trying to build and sustain performance of current employees?
Are you a business leader that is:
- One of the quarter of UK employers who have attempted to fill vacancies in the last 12 months and have had new starters fail to turn up on their first day at work?
- Struggling to keep hold of key members of your teams and find they are leaving and adding to the workloads of others?
- Experiencing increasing costs associated with recruitment? The average cost of recruiting senior managers at £19,000 and £6,000 for an employee.
- Struggling to find ways to get the most out of your people and keep them engaged? In a recent survey, half of business owners said they had resorted to financial incentives to aid employee retention, a risky tactic amidst rising business costs.
Introducing a 5-step roadmap to success
Today’s challenging business environment will only be compounded by the new employment regulations introduced by the government.
People are most likely your greatest investment, and the most impactful factor in building and maintaining a business which is profitable, competitive and successful.
From the first day of employment, there are many opportunities to influence key outcomes such as:
- Retention further down the line
- Attracting employees with the skills you need
- Teams that are engaged and motivated
- High performance resulting in business targets being achieved or exceeded
Join us for this business leaders forum where we will outline a roadmap to building a high performance team, following these 5 steps:
1. Attraction
A launchpad for business success
When competing for the best talent in the market, employer branding is increasingly important.
2. Recruitment and Onboarding
Laying the foundations for performance
A Glassdoor survey found that effective onboarding can improve new hire productivity by 70%.
3. Performance & Motivation
Building a high performance culture
The McKinsey report concluded that focusing on performance can create higher commitment levels from employees, improving business results
4. Team Development
Leveraging the potential of every employee
According to Gallup, teams that have their skills and strengths matched to their roles are more productive and engaged with their workplace resulting in better team outcomes.
5. Employee Loyalty
Sustaining business performance
Direct and indirect costs of employee turnover is estimated to cost up to £30,000 with the average time of 28 weeks for a new employee to reach full productivity.
These five stages are more than a framework, they are a roadmap to creating a high performance culture as a foundation for a thriving business.
By identifying potential gaps and aspects which many businesses potentially overlook, you can unlock the full potential of your employees and achieve lasting and sustainable success for your organisation.
Ready to book your place on our Business Leaders Forum?
Want to read more about the research we have mentioned?
Here are the details:
Resourcing and Talent Planning Survey | CIPD (2024)
Global survey reveals UK employers are worried about rising costs in 2024 | Peninsula Group Limited (2024)
