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4349 The World without Bankruptcy Laws

Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]

4348 The Wirecard and Infosys Scandals are a Lesson on How NOT to Treat Whistleblowers

What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]

4347 Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks

How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]

4346 Why Indian Firms Must Strive for Strategic Autonomy in Their Geoeconomic Strategies

Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]

4345 Why Government Should Not Invest Public Money in Sports Stadiums Used by Professional Franchises

In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]

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Employees are the biggest asset of an organization. In today’s scenario of cut throat competition, individuals need to work together as a team and also strive hard to deliver their level best. Negative feelings like jealousy, ego and so on have no place in the professional world.

Let us go through some tips to strengthen the bond among employees:

Team leaders have a major role in strengthening the bond among employees. New employees must be inducted well into the system. They must be aware of the rules and regulations of the organization and also know their counterparts well.

Ask the new employee to introduce himself/herself in front of other employees. The existing employees can also brief about their roles and responsibilities in the organization so that everyone knows who the other person is.

Individuals should be motivated to work together as a team. It is the responsibility of the team leaders to make their employees understand that every individual is working for a common goal - earn revenues for the organization. No one is doing any favour for the organization.

Remember, in today’s business scenario, an employee cannot survive if he/she prefers to work in isolation. Working together as a team is in fact the need of the hour. Leaders need to sit with their subordinates on a regular basis and ask them to present their ideas and strategies which they feel would help them achieve their targets within the shortest possible time frame.

Discussions must be on an open forum for everyone to participate. Give them some time to prepare a nice presentation on their previous achievements and what all steps they feel are important for their career growth. Do not keep it a very formal session, else employees would never open up and you will only come to know about their strengths not their weaknesses. Yes, very few employees share their problem areas with their bosses. They generally prefer to keep it secret.

Motivate employees to talk among themselves, share their experiences and also gain from each other’s expertise. You would be surprised to see that employees would solve many of their problems among themselves only. They would come to you only when it is a critical matter.

Ask your team members to sit together on a common platform every morning or at the end of the day to discuss their problems, grievances, work and yes sometimes their personal lives as well. Do not be a part of every meeting. You can attend it once or twice. This way employees not only break the ice among themselves but also come closer to each other.

Team Bonding

Bosses need to treat all employees as one. Do not give any special treatment to anyone. Unnecessary favouritism leads to jealousy among employees. Encourage employees to celebrate success, birthdays, festivals together.

Let the employees work together as a group and organize, for example the annual function or for that matter any other office event. The idea is not only to bring them closer but also strengthen the bond among them. Motivate employees to appreciate their fellow worker, if he/she has performed exceptionally well. Ask them to take a treat from “Employee of the month”. A small pizza party goes a long way in strengthening the bond among employees.

Encourage them to have friends at the workplace. Let them have their lunches together or go out for small outings for them to get to know each other well. Individuals need to have the contact numbers of their fellow workers.

There is absolutely no harm if employees talk and meet after office hours. Bosses should not have problem with the same. Also ask your employees to leave their ego behind, the moment they step in the organization.

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