There are many defining factors that separate successful entrepreneurs from those who struggle for growth. Only a handful are truly successful in their entrepreneurship journey.

What is the core issue that impacts company growth? A lack of focus on team development is one of the main areas that impact this growth.

Neglect towards team development results in:

• Disengaged employee
• Stressful work environment
• Poor performance,
• Reduced productivity and high employee turnover.

When these factors are left unaddressed, it can impact the company’s reputation with poor customer service being inevitable for customers. Attracting and retaining new talent also turns out to be a massive chore that further impacts business growth.

Therefore, entrepreneurs need to move towards clarity on what needs to be achieved and the type of focus to be developed to build exceptional teams. They need to display the qualities of developing higher focus, greater passion, and more patience. When the team is the central focus to develop powerful strategies that lead to exceptional work environments, professionals are motivated to perform better towards the vision. Teams are able to develop deeper connections with their work and embrace challenges along the way. They are motivated to upskill and focus on innovation that further fuels the growth of the company. Happier and greatly satisfied employees create a positive work culture. This further enhances productivity leading to improved job satisfaction. It also creates an exceptional employee experience. Teams also display loyalty leading to higher employee retention.

A positive work culture leads to higher productivity, motivated employees, higher job satisfaction, higher employee retention, improved work-life balance.

So, how does one build an exceptional team and achieve a positive work environment? What are the areas that entrepreneurs need to focus on? ICF-accredited Leadership and Business Transformation Coach Fazal Rahman shares some valuable insights on the key areas that entrepreneurs should focus on when building a dream team that can help scale up and create an exceptional organization. Read this blog on business transformation for more details.

Future-Forward thinking

It’s all about the power of 10! Entrepreneurs need to focus on a 10-year plan to develop a plan that defines how success would appear in the future. This plan also supports the team to work towards the company goals and vision while focusing on their own growth as well. Employees also feel motivation to upskill their knowledge while looking for suitable career profiles within the company. This method supports employees to grow with the company. What does that result in? Greater employee retention of a work staff that is aligned to company vision while being loyal to the brand.

Leverage individual strengths

A personalized approach is one of the most successful approaches to leverage the company’s growth. When an entrepreneur develops an understanding of every professional’s talent and strength, it becomes easier to derive higher output from the team. Any business owner will thus find it easier to delegate tasks to the appropriate talent and enhance productivity. Another addition would be to offer personalized training and leadership coaching to employees that ensure they upskill while staying committed to the company vision.

Cultural Fit Hiring

A company’s culture needs to resonate with the type of professionals that entrepreneurs decide to bring on board. Why does this hold importance? When a team is aligned to the company’s culture and values, the collaboration and progress happens on a faster note. Smoother collaboration improves business performance. Besides, professionals who resonate with the company culture are more likely to stay longer with an organization.

Enhance Employee Experience

Employee Experience is a buzzword and rightly so! Any entrepreneur needs to focus on providing competitive employee benefits that defines the work environment to retain the topmost talents in the industry. Employee Experience (EX) includes the creation of a positive experience for employees in terms of interaction, experience, policies, growth, and more. Companies need to focus on making employees feel valued and treasured so that they also offer the best output in their role. Let’s understand more on the areas of focus to build employee experience.

Share the company vision: Focus on the big picture with a projection of the 10-year growth. Employees develop a better sense of meaning to their work, while feeling engaged and fulfilled in their work profile.

Design employee engagement activities: These activities need to meet the interests of employees and are aligned to company goals.

Provide consistent upskilling: Include leadership coaching and training to upgrade skills sets and mindsets.

Bring in the Reward System: Acknowledge and reward appropriate teams and individual talents regularly. Host company events to express gratitude and light enthusiasm.

There are many factors that determine exceptional customer service. If you are dedicated towards delivering exceptional service, employee experience plays an important role. This forms the base of a strong work environment that leads to motivated employees.

If you’re looking for business transformation to elevate your company, connect with Transformational Coach Fazal Rahman. Watch your company grow to new heights with the guidance and techniques of professional coaching methods.