A Dream Team – the Formula for Success

Share this post:

The ultimate goal of any business is to produce results and be profitable. Results are what allows us to live our dreams, so what is the best way to steadily grow those results year after year? I would find the answer to that question soon after I was promoted to Division Manager back in 2011.

Early in my leadership training, I was taught a simple yet effective Business and Leadership Formula that has been tested and proven to produce results time and again within my organization.

The formula is this:  L x (PxC) = R or Leadership x (People x Customers) = Results

Leadership: Developing world class leaders through education, training, and experience.

People: Building and being part of a Dream Team! Inspiring aligned teammates. Selecting and developing great people to perform at their best.

Customers: Adding value to customers and earning their loyalty. Achieving a leadership position in each market and strategically choosing primary customers.

Results: Delivering superior results. Significant profit sharing per teammate. Strong return on investment. Market leadership.

The People aspect of this formula is not only one of the most challenging but possibly the most important in regards to an organization’s overall success. Selecting and developing great people and building a Dream Team is one of the best indicators for a successful business.

A Dream Team is defined as a group of people within an organization all operating at their peak potential and working together to achieve maximum results. Dream Teams bring with them innovation, creativity, enthusiasm, quality, responsiveness, and most importantly results. In the early stages of my new management role back in 2011 one of my biggest challenges involved recruiting the right people with that perfect combination of talent and potential to join my team. In my rush to deliver superior results I made poor hiring decisions and ignored some of the key building blocks required to create and develop a Dream Team. Not surprisingly, my poor hiring decisions led to poor results.  It was a learning process for me and I have several bad hires and even worse fires to thank for teaching me some valuable lessons on what to do and what not to do when selecting the perfect combination of people to create a Dream Team and deliver superior results.

Fast forward to today and I can confidently say that my vision has become a reality. Having a Dream Team in place is an amazing feeling. All members of my team complement each other, support each other as we all work together towards a common goal.

Here are a few of the key building blocks that helped me create and develop a Dream Team:

  1. Leadership. It starts with you. Regardless of your position within an organization, you play a critical role towards building and being a part of a Dream Team. Rather than looking to others for direction or to take action look to yourself to make positive change and lead by example.
  2. Current Team. Complete a full analysis of every member of your current team and create Personal Development Action Plans that are measurable with specific timelines for completion. PDAP definition – A process for establishing a shared understanding of what is to be achieved at an organizational level. It is about aligning the organizational objectives with the teammates agreed measures, skills, competency requirements, development plans, and the delivery of results. The emphasis is on continuous improvement, learning, and development in order to achieve the overall business strategy (Vision) and to build a Dream Team.

*Before you place your focus on adding a new member to your team, be sure that your current team has the tools and training to reach their maximum potential and succeed together. Don’t have a PDAP in place within your organization? This is a great opportunity for you to be proactive. Create your own PDAP and present to your team or your manager as a way to further develop your skillset and contribute towards building a Dream Team.

  1. Find Great People: Have a full understanding of what qualities you are looking for in an effective candidate for your business before you begin your search. Build a reliable network that can offer recommendations. Have a strong social media platform in places such as Linked-In, Facebook, Twitter, and Instagram as ways to attract and to also screen potential candidates. Hire for a position above the one that the candidate is applying for and ensure they are promotable. Do they have a history of making a positive change with proven examples from a portfolio they can share? Ask for multiple references and find patterns in feedback. Consider Intelligence testing such as the Wonderlic assessment. The second interview with another member of your leadership team can provide a valuable second opinion. Allow the candidate to complete a full interview of you and your company if they choose. Remember, there is no benefit to rushing this process, only risk.
  2. A Culture of Continual Development: The continuous development process means that you understand the need to always be learning and improving your skillset. This process relates to you as an individual and your team as a whole. Continuous development leads to advancement opportunities for the individual and is key to maintaining a Dream Team.
  3. Connect With Your Team and Have Fun: Celebrate the wins together, recognize great teamwork, set great examples for your team to follow, and organize monthly team lunches, picnics, BBQ’s, etc.

The potential of any team is limited only by the quality of people that it’s built around. The potential of a Dream Team is limitless.

Have you experienced the performance potential of a Dream Team or how disruptive poor performance can be in a team environment? Do you have any best practice examples to share that helped to develop either yourself or your Dream Team?

Author:  Jason Johnson, 

Manager, Vancouver Division – Westlund Industrial; President, Langley Toastmasters Club #2743

 

 

Share this post:

You may also like

16 Comments

  1. Hi Jason, I’m super excited to have your story published here! Thank you so much for sharing with us your first hand experiences achieving high quality results in business. Your leadership insight and your skills of developing people are amazing. Everyone can benefit from hearing your story of finding the right people and building high performance teams.

    1. Hello Natella, It’s truly an honor and a pleasure to be given the opportunity to publish a post as a guest on your blog. I hope that your readers benefit from my writing as much as I do from yours each week.

  2. Hello Jason, great article! I am wondering if you have any advice on how to best deal with the result of a poor hiring decision after the fact? I guess what I am looking for is a way to deal with the situation at hand with the least amount of negative impact on the existing team. Thank you

    1. Hello Vanessa, Thank you for your feedback. I think that if your teammate has any potential to improve the Personal Development Action Plan would be a great next step. Identifying areas where they are doing well with some straight talk about areas that need improvement might stimulate some positive results. Of course, you would need to include consequences in writing if those results aren’t met within your specified timeline. If you’ve already confirmed there is no potential to improve and they are disruptive to your existing team your next step is pretty clear. I call it a learning opportunity. Those decisions are never easy but your existing team will respect you for identifying the problem and taking action. Good luck to you.

    2. I am a devoted reader of Natella’s blog. Every single week I look forward for a new post. It was a very nice surprise to see Jason as a guest writer. Thank you very much, Jason for such an interesting and educational post. I do hope to read your posts here in the future as well. Thank you, Natella, for inviting such a great guest writer!

  3. Jason, thank you for sharing all of this with us in such a great detail. You have presented many helpful ideas. One issue I have is with the performance evaluation plans or how you refer to them, personal development action plans. I have participated in too many PE over the course of my career – on both ends of the deal. Usually companies conduct performance evaluations once a year and it seems as if nothing is done with the information that comes out of them. Or feedback given is not timely and doesn’t lead to the desired actions. How often are the PDAP’s conducted for your Dream Team?

    1. Hi Alex, I too have been involved in many poor evaluations throughout my career and I agree that it can be very frustrating. The turning point for me came with a change in culture where every member of my team became focused on continuous development as part of our identity. When myself or a member of my team completes an action plan the process to create a new plan begins. Each PDAP is customized to each teammate and can range from simple actions with short timelines for a new or inexperienced teammate vs complex and long term actions for a more experienced teammate. Each action is designed not only to help each teammate reach their potential but ultimately help the company deliver superior Results.

  4. It would be great to work on an effective team like that! In a way it is my dream to be a part of Dream Team. Hope once my dream will come true 🙂

Leave a Reply

Your email address will not be published. Required fields are marked *