In his book, “The 5 dysfunctions of a team”, noted author Patrick Lencioni makes a very pertinent observation, “”Not finance. Not strategy. Not technology. It is teamwork that remains the ultimate competitive advantage, both because it is so powerful and so rare”.
An increasing number of corporates is slowly arriving upon the same conclusion. In an environment, where competition is tough, stakes are high & change is a constant, being equipped with teams that can fight against all odds and then go the extra mile is increasingly being seen as a key differentiator. While stories of “Dream Teams” abound in sports – similar stories in the corporate world are few and far between. We have documented a few such teams in our earlier posts where we talked about the team behind skunkworks, Edison’s famous Muckers & the Blue Angels from the U.S Navy.
Clearly, it isn’t easy to make a ‘Dream Team’ (Probably that is why it is called a Dream Team). So, what are the magic ingredients that these teams have, that others struggle to discover?
Here are five such ingredients, in our opinion:
Dream teams don’t just happen naturally – or as a matter of chance. It surely takes a lot of effort, time & dedication to build one. However, the good news is that “Dream teams” are not born that way either. It takes positive intent and awareness for a team to metamorphise into a “Dream Team”.
How many of these ingredients does your team have? Do you think your team can become a ‘Dream Team’? Do share your thoughts with us.