A good businessman knows how to gather talented people and make them work as a team. Warren Buffet once said that when it comes to employees it’s actually better to hire those who are more intelligent than you, just be sure that they also have integrity. When you already have them the next task for you is to make them work as one. This is a crucial part of managing a business. There are many companies composed of talented employees that have gone bankrupt because of infighting and internal factions. There are some things you need to know in order to make many gifted individuals work as one.
You must know how to manage egos. A company that’s full of workers who have impressive resumes can be hard to manage. It’s pretty much like managing a basketball team full of star players. Almost everyone thinks that he’s right and that nothing can work without him. In order to avoid a clash of egos, avoid ambiguity about the duties and responsibilities of each position in your company. This will provide a clear dividing line between workers. Make it clear that workers shouldn’t meddle with things that don’t concern their position.
Reward achievements appropriately. Construct a merit system for your company wherein an employee can receive a specific reward once he achieves something. For example, if an employee manages to exceed the sales quota for several consecutive months he can receive a new iPhone or a Verizon promo code where he can acquire the telecom giant’s services at a discount. By making clear guidelines about rewards, you can avoid any kind of dissent from your workers. You can do the same with promotions. Make clear guidelines about promotions and make sure a worker has met all the terms mentioned in the rules you made before you promote him.
Organize team bonding activities. Employees work together better when they know each other. One of the best ways to bring them together is by organizing an activity for them. You can choose the activity depending on the workers you have. If most of the people in your team are men then you can organize a sports activity like basketball or baseball. If most of the employees you have are married and have children, a family-oriented activity can be a good idea to bring them closer.
Remember that the success of your company depends on how well your employees work together, so you must do everything to maintain their good relationships with each other.