Picking team members is only a beginning, and once the right people are found and matched-up it is important
to take the next step to put other key elements into place to generate a full-fledged dream team.

Here are five factors that contribute to the success and ultimate synergy of any well-rounded team:

1. Strong Leadership

Regardless of the leadership style, every successful leader must exhibit the qualities of passion and responsibility and take a vested personal interest in those who look to them for guidance, growth, decisions, and development.

2. Common Goals

Accomplishment and achievement depend upon the underlying infrastructure of clearly defined and realistic goals.
Goals offer direction to keep the team focused on the mission and vision statement, and goals should adhere to the acronym for “smart” goals – by being Specific, Measurable, Achievable, Results-oriented, and set within a reasonable Timeframe.

3. Rules of the Game and Action Plans

Delineate boundaries and areas of quantifiable responsibility so that the team players know their unique and specialized roles and the team doesn’t waste energy or wind up clashing through unintentional redundancy and unnecessary overlap. Then provide an action plan.

Give each person:

  1. An appropriate title;
  2. A written contract that shows their job description and explains how others agree to support them in their role; and
  3. A systemised business manual that serves as the textbook, reference book, or play book for the entire team.

4. Risk Taking

Business teams are like trees – they are either growing or dying. Without being open to some degree of healthy risk, it is impossible for a team to flourish and push the limits of creativity and performance. To experience a breakthrough it is sometimes important to break from convention and habit and get out of the comfort zone and into the risk and reward zone.

5. Inclusion and Involvement

One of the major pitfalls of businesses is that they remain tightly knit as a team, which is good, but rather than including and involving others who can offer their own gifts they practice the covert and divisive politics of exclusion. Teams need to involve all team players; organizations need to keep their vision statement publicized, not a secret; and leaders and owners need to share control – otherwise they will eventually lose it.