Leaders again are finding themselves on the precipice of change. Many are transitioning to hybrid office environments, where a large number of employees are working remotely sometimes or all of the time. Luckily, being in the same building is not a prerequisite for productivity and high performance.
Vivo Team Development has identified that there are six key indicators that lead to high-performing leaders and teams:
Developing and honing these skills is crucial to meeting and surpassing business objectives, regardless of where or how your team works. But, the story doesn’t end there. Teams and leaders need a few more things to truly thrive in a hybrid environment. Namely leader and team effectiveness, alignment, and measurement.
Effective leaders steer and influence their direct reports toward achieving short and long-term goals. From seasoned, trained leaders to accidental leaders, how they lead—and how well—can look very different. How do you know if your leaders are effective?
Team alignment affects how your employees work together as well as company culture. Teams that are not aligned don’t perform well. Teams who are aligned on goals and priorities are more collaborative and have higher morale. How do you know if your teams are aligned?
73% of talent leaders say people analytics will be a top priority over the next five years. It’s time to speed up that timeline. People analytics is not a new concept and the links to business impact are well established.
By collecting the right data, and continuing to measure and analyze over time, you can pinpoint where to make behaviorally-based performance improvements that will have a significant, positive impact on productivity and retention.
A company that experienced an increase in overall team effectiveness factored in the cost of lost productivity in dollars (based on the salaries of the team members). By increasing team effectiveness by 16%, this company reclaimed $70,476 in lost productivity.
The vast array of people analytics data already available can work in tandem with Vivo Team’s learning and development data to steer decision-making and provide modelling and insights around team and leader performance, retention, and more.
Organizations can integrate team and leader data to predict the impacts of having some roles remote versus those in-office, allowing you to track and measure the productivity and efficiency of your hybrid workforce. These connections and insights can help leaders flag areas that require attention with targeted and effective actions.
Organizations need to provide the tools and training to set up their teams for success. Leaders need to learn how to foster deeper connections and be equipped with insights to help target their focus. Finally, everyone needs to put in the effort to stay connected, whether in person, remotely or both.
Make it a priority to develop the competencies of your people and processes and your company will excel—not just in a hybrid environment, but in any environment—and the data will prove it.