How to Track Team Performance & How to Improve It

Published On: March 24, 2022|Categories: Performance Management|

How to Track Team Performance & How to Improve It

Published On: March 24, 2022|

Creating a high-performing team has been the vision of every single manager. Performing teams help measure managerial effectiveness.

How do we measure these parameters that are critical as well as qualitative?

Thanks to the current digital works we can make these a quantitative metric.

Let’s talk about how effective the process is for measuring team performance

What is team performance?

Team productivity is very important as productivity is directly connected with organizational performance.

Keeping the team stay motivated and productive is the mandate for every manager

While measuring the performance of the team the key metrics that help us measure are

  1. The number of processes or projects that get completed in the given working hours
  2. The average return on investment per resource
  3. How do directly contribute to the organization’s performance

Metrics vary based on the function each resource is aligned to. Defining the right metrics will help measure team performance

How can You Track Team Performance?

Tracking team performance has been an ongoing challenge every organization encounters. Setting the right KPIs will help you measure the team’s performance.

Productivity measures are available widely and organizations measure what matters to their business.

Teams like sales who are highly metric-driven

on the other hand, Creative teams will have other measures that may or may not be metric-driven.

Nevertheless, we need to track the productivity of all teams and the outcome with share insights on

  1. Training and upskilling the employees
  2. Improvement plans that will give an employee keep himself stay in line with the organization’s requirement
  3. Technical competence is required for the role.

Also, there are Software available to help track the team performance and to keep them stay connected with their peers and managers

The Perfect Tool to Track Team Performance: Datalligence

No matter how many productivity techniques one has mastered, the amount of work a lackadaisical team produces will more often than not supersede that of a single productive person. This is the reason why project managers all over the world put their utmost focus into figuring out strategies to boost their team’s productivity. This is also the reason why the Best OKR Software is employed by various companies to track their team’s productivity.
As we have just answered “why” boost team productivity, let us now explore the “how”. “Hard Work” may be the most cliched response to the question of “how”. But when we dig a little deeper into the perception of productivity and how is that it is attained, the answer seldom points to more hours of work. With high-performance companies as our guide, let us list six of their most result-oriented strategies (like the best OKR software they employed) that your company can deploy today to boost your productivity.

Datalligence OKR software has integration with its sibling conversation, feedback, and recognition(CFR) to promote team productivity and increase conversation and engagement.

Objectives and Key Results:

OKRs framework that clearly defines the goal and ensures that the team is aware of what is to be expected and how to deliver the results.

Alignments

Clearly defined objective level alignments help organizations to understand the interdependencies and also how effective are we performing. By allowing up down and bottom-up alignment we enable autonomy to create a team that has ownership

Check-ins:

Ongoing check-in helps in measuring and tracking the team performance, also helps the organizations to be more agile.

Recognition :

Continuous recognition to increase motivation and drive engagement

Conversation :

Performance-based ongoing conversations to iterate constantly and support in creating a high performing team

Feedbacks:

Bi-directional feedback to promote trust and mutual respects

1:1 Meeting:

Meetings that identify learnings and addresses gap between the performance. On-going interactions to constantly connect and engage.

Pulse surveys:

Understand the pulse of your team and identify the key reasons for disengagement. Leverage employee pulse surveys to predict employee attrition and retain top talent.

180° and 360 ° assessments:

Understand the multi-rater assessments to evaluate bias. Creates change and increases confidence in the process

Why Should You Measure Your Team’s Performance?

Tada, here is why you need to measure team performance

Innovate – tracking the team performance will help us measure the level of innovation the team brings in and is it sufficient to achieve the organizational performance

Motivate – While we track we get to understand the gap or challenges each team member is having in achieving their goal. This will help manages to support the team and keep them motivated to create a high performing

Happiness – The happiness index is directly a key indicator of employee wellness. Wellness being the key, tracking shows the key indicators that might help to measure happiness

Increase the potential – Performing to our potential is an ongoing challenge once the team gets all three they achieve their full potential and become an engaged employee

With that, it’s key to tracking the performance as this provides indications that are essential to business

5 Tips to Improve Team Performance

Clear directions on the goal

Define clear goals to set the expectations right. Knowing the direction is half the job done

Collaborative approach

Creating a team that collaborates together delivers higher and also feels more accountable

Building trust

Building trust is very important as it is the key factor for bringing in ownership. Having a great team with ownership delivers higher

Recognition programs

Creating a great recognition program will act as a pull force towards the goal

Bi-directional feedback

Enabling bi-directional feedback supports healthy working relationship and improve performance

Closing thoughts

Tracking teams can be easy, especially while having hybrid and remote teams. Empower and stay connected with the team to increase the team performance

Datalligence platform can support you to have an ongoing conversation with your team and stay aligned and engaged.

Frequently Asked Questions

Team productivity is the main metric that helps organizations to understand the time taken to complete a project or a proves. Productivity is measured on various parameters like, time, money, transactions so on.

Team productivity can be achieved by creating proper goals and communicating them. Identify the strength and weaknesses of the team and work around them. Rewarding and recognizing the team helps in increasing the productivity

A leader who is willing to listen and help when needed is the first important requirement. Apart from that a good working environment with proper lighting and comfortable furniture help too

By aligning an employee with the goals and inculcating the culture. Create a learning atmosphere and encourage employees to upskill. Increase the communication so that the employee doesn’t feel left out and empower him by setting transparent goals which will drive an employee to increase productivity.

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