TEAM TO MARKET: AN EMERGING APPROACH FOR CREATING DREAM TEAMS FOR THE POSTPANDEMIC WORLD

Feng Li () and Clare Avery ()
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Feng Li: City, University of London, Postal: 106 Bunhill Row, London, EC1Y 8TZ, https://www.cass.city.ac.uk/experts/F.Li
Clare Avery: City, University of London, Postal: 106 Bunhill Row, London, EC1Y 8TZ

Journal of Financial Transformation, 2021, vol. 52, 56-67

Abstract: Teams are the fundamental building blocks of modern organizations, but despite over 50 years of research and practice most organizations are still notoriously inconsistent in creating high performance teams. Traditional checklist approaches have not worked, because successful teams often display contrasting features in member composition, power structures, decision making processes, and resource levels. Teams with identical characteristics frequently deliver vastly different results. Based on recent empirical evidence from 25 leading organizations across seven countries, this paper advances the notion of “team to market” (T2M), an emerging approach that can signi cantly increase the chances of organizations creating “dream teams” through an outcome-driven culture, an experimental approach, and a greater level of diversity.

Keywords: Team; teamwork; teamworking; high performance team; dream team; virtual team; telework; telecommuting (search for similar items in EconPapers)
JEL-codes: D21 D22 D23 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ris:jofitr:1651

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