Everybody knows that it’s good to have ‘the right people on the bus,’ and to have those people sitting in the ‘right seats on the bus,’ but this is not an easy thing to do!
The right people are the ones whose Role is a fit to the mission of the team. The right seat is where the job responsibilities are in alignment with a person’s Role.
Successful group achievement depends on how people team with each other. In today’s organizations, team players are high-quality nodes in a performance network. Business has a long history of focusing on people as a collection of ‘traits and talents’ each with a fixed price tag, this is a transactional – not a strategic – point of view.
Recruitment cost vs. Lost opportunities
Time-to-hire vs. Lost productivity
Time-to-productivity vs. Lost customers
Training hours vs. Quality issues
Development cost vs. Brand impact
Average employee turnover is 12% and standard HR practice calculates average turnover cost at 1.5 times salary. But what about the effects of poor teamwork and hiring errors that cause failed strategic initiatives, damaged relationships, lost time, lost sales, and related issues and costs? The collateral damage of a failed hire or promotion can assume dizzying proportions.
Average employee turnover is 12% and standard HR practice calculates average turnover at 1.5 times salary.
For example a company with an annual turnover cost of about $300k – as measured by the ‘transactional’ method but the combined impact of a single bad hire, in this case, a VP of Sales cost the company over $4 million – that’s 14 times the transactional view of turnover costs.
We have some good reasons for taking a new approach to how – hiring and team performance issues are addressed. There is cause for concern regarding the persistence of a transactional mindset when it comes to decisions about people impacted by hiring, downsizing, mergers, reorganizations and even Angel or Venture Capital investing.
Failures are almost always due to people problems. TeamQuest's technology has made a positive impact on individual and team performance, and brings tremendous opportunity to minimize risks considered ‘the cost of doing business.’
TeamQuest exercise assesses people in terms of Role, Coherence & Teaming Characteristics. These metrics are significant scientific advances in team performance methodology and are proprietary to our technology.
An individual's results provide highly relevant information for making decisions that directly impact individual, team and organizational achievement.
Whether it's an executive team, a customer service team, or a sales team, the most effective team play provides the most value.
Understanding our own and other people's ways of working together is an intersecting key of information enabling the best possible decisions for ourselves and others.
TeamQuest provides unparalleled information to understand each team member’s role on the team, ability to perform when collaborating with others to solve problems, overcome obstacles and achieve common goals.
Discover what’s going on inside your teams. Decide virtually everything: whom to hire, where you need to make changes, whom to move, whom to change and whom to promote.
Create teamwork in project teams, production teams, sales & service teams and all teams. Compare high to low-performing branch offices, franchise locations or virtual teams.
Power-up every aspect of your business; Leadership, Recruitment, Engagement Productivity, Service, Quality and ROI.
To get started or to learn more about our process contact us.