Learn how to improve your team's performance and morale with these tips on feedback, evaluation, and motivation.

To guide a struggling team, set clear and realistic expectations. Communicate precisely what needs to be done, how, and why. Ensure alignment with the team's capabilities and resources by defining goals, roles, and responsibilities. Employ SMART objectives for clarity and provide guidance and support. This fosters a focused and achievable path forward, motivating the team to meet goals effectively.

You're leading a team that's struggling to meet goals. What can you do to get them back on track?

As a corporate accounting leader, you know how important it is to meet your goals and deadlines. But what if your team is struggling to perform, falling behind, or losing motivation? How can you get them back on track and help them succeed? Here are some tips to improve your team's performance and morale.

1 Assess the situation

The first step is to understand what is causing your team's difficulties. Is it a lack of skills, resources, or clarity? Is it a communication, collaboration, or conflict issue? Is it a personal, professional, or organizational problem? You need to identify the root causes and the impact of the challenges on your team and your goals. You can do this by reviewing your team's work, talking to your team members, and soliciting feedback from other stakeholders.

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Osman Goni (OG) ACCA

Strategic Financial Leader🌍ACCA Advocate🎓Expert in Financial Reporting, Risk Management & Quality Auditing✨Dedicated to Analytical Excellence💡
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To address a struggling team, start by assessing the situation. Identify root causes—whether they stem from skills, resources, or communication issues. Engage in open conversations with team members and stakeholders, gathering valuable feedback. Understanding the challenges allows for targeted solutions, fostering a collaborative environment for overcoming obstacles and aligning the team towards achieving goals efficiently.

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Mariela Gayoso Haro

Gerente de administracion y finanzas en Clínica Stella Maris - Oficial con experiencia en Gestión Empresarial y Finanzas
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Identificar la causa que obstaculiza el logro de los objetivos es esencial. Para ello, se necesita establecer una comunicación abierta en un entorno de confianza con el equipo. Todos deben sentirse libres para expresar sus opiniones y hablar sobre las limitaciones en los recursos, habilidades propias o de sus compañeros, sin temor a represalias, sino con la expectativa de mejorar.

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2 Set clear and realistic expectations

The next step is to communicate your expectations and standards to your team. You need to make sure that your team knows what they are supposed to do, how they are supposed to do it, and why they are doing it. You also need to ensure that your expectations are realistic, achievable, and aligned with your team's capabilities and resources. You can do this by defining your goals, roles, and responsibilities, setting SMART (specific, measurable, achievable, relevant, and time-bound) objectives, and providing guidance and support.

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Osman Goni (OG) ACCA

Strategic Financial Leader🌍ACCA Advocate🎓Expert in Financial Reporting, Risk Management & Quality Auditing✨Dedicated to Analytical Excellence💡
Report contribution
To guide a struggling team, set clear and realistic expectations. Communicate precisely what needs to be done, how, and why. Ensure alignment with the team's capabilities and resources by defining goals, roles, and responsibilities. Employ SMART objectives for clarity and provide guidance and support. This fosters a focused and achievable path forward, motivating the team to meet goals effectively.

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3 Provide feedback and evaluation

The third step is to monitor your team's progress and performance and provide feedback and evaluation. You need to give your team regular, constructive, and timely feedback that helps them improve their skills, correct their mistakes, and recognize their achievements. You also need to evaluate your team's results, outcomes, and impacts and share them with your team and other stakeholders. You can do this by using various tools and methods, such as reports, dashboards, surveys, meetings, and reviews.

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4 Reward and motivate your team

The fourth step is to reward and motivate your team for their efforts and accomplishments. You need to show your team that you appreciate their work, value their contributions, and care about their well-being. You also need to inspire your team to keep learning, growing, and striving for excellence. You can do this by offering various incentives and benefits, such as recognition, praise, feedback, bonuses, promotions, training, and development opportunities.

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5 Address issues and challenges

The fifth step is to address any issues and challenges that arise along the way. You need to be proactive, responsive, and solution-oriented when dealing with problems that affect your team and your goals. You also need to be fair, respectful, and supportive when handling conflicts or disagreements that involve your team members or other parties. You can do this by using effective problem-solving and conflict resolution techniques, such as brainstorming, negotiation, mediation, and arbitration.

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6 Celebrate and reflect

The sixth and final step is to celebrate and reflect on your team's achievements and learnings. You need to acknowledge your team's hard work, success, and improvement and celebrate them with your team and other stakeholders. You also need to reflect on your team's strengths, weaknesses, opportunities, and threats and learn from them for future improvement. You can do this by organizing various events and activities, such as parties, awards, ceremonies, feedback sessions, and debriefs.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Siavash Eftekhari

Financial & Economic advisor to Board of Directors at CinnaGen Co.
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Leading a struggling team can be challenging, but there are strategies to help get them back on track. First, identify the root cause of the problem, such as lack of clarity, resources, poor communication, or motivation. Once identified, develop a plan to address it, such as redefining goals, allocating resources, improving communication, and boosting motivation. Additionally, improve team performance by setting SMART goals, breaking them down into smaller tasks, providing regular feedback, and fostering a culture of learning. By addressing the root cause and implementing ongoing improvement strategies, you can help your team meet goals and achieve success.

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You're leading a team that's struggling to meet goals. What can you do to get them back on track?

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1 Assess the situation

2 Set clear and realistic expectations

3 Provide feedback and evaluation

4 Reward and motivate your team

5 Address issues and challenges

6 Celebrate and reflect

7 Here’s what else to consider

Corporate Accounting

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