Bain & Company Essay -- Business, Team Development

This stem addresses the importance of groups in an organization. Bain & Company, a Boston-based consulting company, exemplifies an organization that has placed team evolution as a priority in the organization. Teams be increasingly habitual in organizations for responding to customers needs to deliver a growth or service. Successful teams be supported by a loyalty to empower and enhanced rewards. Bain & CompanyHistory has brought organizations to a moment where teams are recognized as a critical component of the subscriber line. Today, most earn that goes on inside organizations utilizes a team approach, whereas serve that takes place outdoors of organizations relies even more heavily on teamwork. Teams are increasingly usual in organizations for responding to customers needs to deliver a ware or service. Successful teams are supported by a fealty to empower and enhanced rewards. Empowered teams consist of people with complementary skills who are committed to a common purpose or a ascertain of performance goals for which they hold themselves mutually accountable (Laszlo, Laszlo, & Johnsen, 2009). Team ConceptBain & Company, a Boston-based consulting company, goes beyond teamwork, to structure itself around interdependent groups, as a doer of improving work processes and providing better quality and service to customers. Bains triumph as an organization is dependent upon getting the right people on the team. Bain focused its recruiting efforts on four major colleges M.B.A. programs, as a musical mode of getting highly qualified individuals, because they have been prepared for management consulting (Dyer, Dyer, & Dyer, 2006). sometimes teams are made up of people who have different work ethics, but Bains succes... ...personal development. Virtuoso teams are fundamentally different from in the altogether(prenominal) teams. They are comprised of elite experts, the best in their field and are in particular convened for ambitious projects (Boynton, Fischer, 2005). Bain & Company extraordinary teams had a high correlation amid effectiveness of the manager and the performance of the member (Boynton & Fischer, 2005). The performance of teams has been attributed to the level of team development within the group. ConclusionIn conclusion, when Bain and Company embrace this new construct not only will it raise the bar in terms of team standards for efficient, effective and efficacious operations, but also prepare organizational dynamics that foster quality of work life and business cultures that are vibrant, alive and thriving. Successful teams are supported by a commitment to empower and enhanced rewards.