Law Practice Edge’s Post

I believe TEAM work is an integral part of getting work done for organisation. So what does Finance got to do in it ? Beyond crunching numbers, we should be able to drive .strategic decision-making .optimize resources .ensure financial stability. Building such a team requires clear communication, deligation,shared goals, and a culture of accountability. What approaches have you found effective in fostering a high-performing #financeteam ?

Our CEO wrote a few words and constructed a video going through our playbook on building a competent, trusted and of course, 100% virtual/ distributed team! Check out the key skill set and playbook he presented here: https://bit.ly/451280A

Is your team constantly tangled in a web of miscommunication? The culprit might be right under your nose. Managing a growing business is akin to navigating a complex machine. Each cog, from the org chart to workflow diagrams and comprehensive explanations of the business processes, plays a crucial role. However, the magic happens when everyone is aligned on how these elements integrate and function together. It's about creating a shared context that enables every team member to see the big picture and understand their role within it. The lack of this shared understanding leads to inefficiencies that are more than just frustrating—they're costly. Misalignment results in conversations that miss the mark, redundant efforts, and strategic initiatives that stutter before they even start. The solution? Invest time in developing clear, updated documents that encapsulate not just who does what but how things are done and why. This clarity becomes the foundation upon which scalable decision-making can thrive. Let's pivot our approach from working harder to working smarter by fostering an environment where information flows freely, contexts are shared, and vision is unified. Your organization's efficiency isn’t just about saving time—it’s about amplifying impact and ensuring everyone rows in harmony towards the collective goal. How are you aligning your team today for a clearer tomorrow?

As consultants, we face challenges every day. But what sets us apart is how we handle those challenges and continue to mentor our teams. At TJ Business Enterprises, Inc. , our model is simple yet effective: Listen, document, and engage the workforce towards a common goal. Develop understandable measurements and consistently report that information. By adopting this approach, we have achieved great success in helping our clients overcome their business obstacles. So, let's stay focused on our goals and work together to achieve them. #consulting #teamwork #success #TJBEInc #Makingadifference

Building a strong team is crucial for any organization's success. A strong team is characterized by trust, clear communication, diversity, and a shared vision. Firstly, trust is the foundation. Team members must trust one another to be reliable, honest, and capable. This can be fostered through team-building activities, transparent communication, and a culture of accountability. Secondly, clear communication is essential. Open, honest, and respectful communication helps prevent misunderstandings and resolves conflicts efficiently. Regular meetings and the use of collaborative tools can enhance communication. Diversity is another critical factor. A diverse team brings different perspectives, ideas, and solutions to the table. This diversity can be in terms of skills, experiences, and backgrounds. Encouraging an inclusive environment where every member feels valued and heard is important. Additionally, a shared vision unites the team. When everyone is working towards the same goal, it creates a sense of purpose and direction. Clear, attainable goals should be set, and every team member should understand their role in achieving these goals. Finally, continuous development is key. Providing opportunities for professional growth and development keeps team members motivated and improves their skills. Investing in training and encouraging a culture of learning can help maintain a strong, high-performing team. #business #SEO #marketing #Teambuilding

some possible approaches to use to manage team without creating chaos: Brief and Insightful To assign tasks without chaos, I prioritize clear communication, define specific objectives, and consider team members' strengths and workload. Regular check-ins and flexibility also help ensure smooth task execution. Sharing Expertise 1. Set clear goals and expectations. 2. Assess team members' skills and workload. 3. Assign tasks based on strengths and priorities. 4. Establish deadlines and check-in points. 5. Foster open communication and feedback. Chaos-free task assignment is all about clarity, collaboration, and adaptability! Thought Leadership Effective task assignment is both art and science. To avoid chaos, consider: 1. Task segmentation and prioritization. 2. Resource allocation and workload balancing. 3. Skill-based task assignment. 4. Real-time progress tracking. 5. Continuous team feedback and adjustment. By applying these principles, accounting teams can thrive in dynamic environments and deliver exceptional results.

"Not finance. Not strategy. Not technology. It is teamwork that remains the ultimate competitive advantage, both because it is so powerful and so rare." – Patrick Lencioni Had a fantastic team meeting with Ija Najwa Sadli , AIDA MUNIRAH ABDUL MUTHALIB, Azizul Hakim and our fearless leader, Noorzalizan. We covered key areas to keep our operations running smoothly and our collaboration strong. First up, we tackled budget and administration processes. Everyone now knows their roles and responsibilities, which is great because nobody likes confusion (or extra work!). The meeting was an awesome platform for open discussion. We shared ideas, concerns, and suggestions about our work. Reviewing task progress, identifying challenges, and brainstorming solutions together felt like a mini think-tank session. We also chatted about decision-making processes to make sure everyone knows how decisions are made and who’s got the power in specific areas. Clear actionable items were defined, with deadlines to keep us on track (because who doesn’t love a good deadline?). Finally, we set up a follow-up framework with regular check-ins and progress reports to keep the ball rolling and everyone informed. This structured approach aims to optimize our teamwork and align us towards achieving our goals. Looking forward to our continued collaboration and success!🤪

Have you ever been part of a team of "superstars" that maybe has sparks of brilliance but usually gets mired debates, distractions and minutiae? You know the team is capable of more, but somehow it just isn't gelling? If the team is filled with competitive superstars, the competition becomes a distraction. Everyone wanting to show they are smarter, or work harder, or can deliver better than their peers. A bit of internal competition can be a good motivator, a lot of internal competition can be destructive. A leaders' first instinct in this situation is often to lean in, rally the troops, maybe try "team building." Among a competitive group this is a bad choice. More attention from the leader is more opportunity to shine, and will only heighten the competition. The team cohesion has to come from within. If you see a team of "superstars" that works well together, try to identify the enabler on the team. There will be one or two people with a seemingly magical ability to diffuse negative competitive tendencies and build team cohesion. In some cases, the enabler is not the most vocal or strongest personality. I recall one team that was descending into inaction with a lot of bickering and "personality issues." I could see one person I suspected had the skills to help the team, but they were shy, intimidated by the bravado of others, starting to question their capabilities (another negative effect of too much internal competition.) With a little coaxing, and some strategic opportunites to succeed, they restored some confidence and quickly, the team forgot about the interpersonal issues and returned to the task at hand. There was no formal assignment of an Enabler role, and I am not sure the rest of the team recognized what had happened transpired. But they starting by trusting the enabler, and subsequently rebuilt trust within the team. Coordinating groups of humans is challenging and often rewarding. Everyone has a part to play. It's cheezy, but there is no "I" in "TEAM" https://lnkd.in/gu7u_ZKS #people #teams #itsabouttrust

A note on "teams" vs. individuals: So I've translated it to Tri-Markov Numbers, deduced that if I divide by the "host" just once, I get a nice alternating series before a continued fraction, but then multiply back by the "host" to get rid of that continued fraction. Then I break down the remainder term -- that continued fraction multiplied back up, becoming y_m-1 or y_m -- similarly, ad absurdum to get a collection of these series. next I'll substitute and cancel, substitute and cancel ad absurdum. I'm sure this is going to break down into something elegant and simple. I didn't make /this/ kind of progress until I ruled out all the "easier" paths. I probably should have assumed people already ruled them out, but I figured some easy path somewhere -- I still consider this reasonably easy, though it was a clever move to divide by the host and to see what happened -- hadn't been tried. 111 years is just too long. I think one thing that may be getting in the way of people solving problems nowadays is, in fact, working on teams. It might seem like a team is enabling, because folks bring in all kinds of talents, right? They also bring in all kinds of preconceptions on what they think won't work, what they think will take too much time, etc.. They give each other deadlines that force over-simplification of immediate process, to reduce the complexity of data and/or deduction. They are constantly internally freaking out about who gets credit for what, who will be remembered for what. Nobody feels like their name is adequately going to go into the history books...

What's the beating heart of any thriving business? It's not what's in the books, but who's behind them. In financial advisory, your team is your greatest asset. Their energy and belief drive your mission forward. How to build an energized team: ☑️ Share your vision clearly and consistently ☑️ Invest in their growth and development ☑️ Recognize and reward their contributions ☑️ Foster a culture of open communication ☑️ Lead by example - be the energy you want to see Remember, your team's success is your success. 🤝 Their growth fuels your practice's growth. Nurture your team. Watch your practice flourish. Inspiring Extraordinary Journeys, One Financial Leader at a Time #community #success #teamwork #IGotYew