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Overview Overview Definition and Importance of Teams Definition and Importance of Teams Types of Teams and Implications for Types of Teams and Implications for PM PM Purposes and Challenges of Team PM Purposes and Challenges of Team PM Including Team Performance in the Including Team Performance in the PM System PM System Rewarding Team Performance Rewarding Team Performance 11-2 Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hal 11-2 Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hal Definition of Team Definition of Team Two or more people Two or more people •Interact Interact Dynamically Dynamically Independently Independently •Share common and valued Share common and valued Goal, Objective, or Mission Goal, Objective, or Mission 11-3 Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hal 11-3 Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hal Importance of Teams Importance of Teams Increased pressure, including Increased pressure, including global competition global competition Flexibility in flatter Flexibility in flatter organizations organizations Complexity of products and Complexity of products and services services Rapidly changing business Rapidly changing business environments environments 11-4 Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hal 11-4 Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hal Performance Management and Performance Management and Teams Teams PM systems should target: PM systems should target: •Individual performance Individual performance •Individual’s contribution to team Individual’s contribution to team performance performance •Performance of entire team Performance of entire team 11-5 Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hal 11-5 Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hal General Principles of PM Relating General Principles of PM Relating to Teams to Teams 1. Design and implement best 1. Design and implement best system possible system possible 2. Consider dangers of poorly 2. Consider dangers of poorly implemented system implemented system 11-6 Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hal 11-6 Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hal