Bain & Company Essay -- Business, Team Development

This paper addresses the importance of groups in an organization. Bain & Company, a Boston-based consulting company, exemplifies an organization that has telld team development as a priority in the organization. Teams atomic number 18 more and more common in organizations for responding to customers needs to deliver a product or service. Successful teams are supported by a commitment to empower and enhanced rewards. Bain & CompanyHistory has brought organizations to a bit where teams are recognized as a critical component of the business. Today, approximately work that goes on inside organizations utilizes a team approach, whereas work that takes place outside of organizations relies even more heavily on teamwork. Teams are progressively common in organizations for responding to customers needs to deliver a product or service. Successful teams are supported by a commitment to empower and enhanced rewards. Empowered teams consist of passel with complemental skills wh o are committed to a common purpose or a set of performance goals for which they hold themselves mutually accountable (Laszlo, Laszlo, & Johnsen, 2009). Team beliefBain & Company, a Boston-based consulting company, goes beyond teamwork, to structure itself around interdependent groups, as a means of improving work processes and providing better quality and service to customers. Bains success 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 way of getting highly qualified individuals, because they have been prepared for precaution consulting (Dyer, Dyer, & Dyer, 2006). Sometimes teams are made up of people who have disparate work ethics, but Bains succes... ...personal development. Virtuoso teams are fundamentally variant from other teams. They are comprised of elite experts, the best in their field and are specially convened for ambitious projects (Boynton, Fischer, 2005). Bain & Company extraordinary teams had a high correlativity between effectiveness of the manager and the performance of the member (Boynton & Fischer, 2005). The performance of teams has been attributed to the aim of team development within the group. ConclusionIn conclusion, when Bain and Company thrust this new construct not only will it raise the break off in terms of team standards for efficient, effective and efficacious operations, but as well create organizational dynamics that foster quality of work feel and business cultures that are vibrant, alive and thriving. Successful teams are supported by a commitment to empower and enhanced rewards.