Do More than Dream About Teamwork--Create It

Youngwirth, Joni
July 2007
Journal of Financial Planning;Jul2007Supplement, Vol. 20, p18
Academic Journal
The article discusses ways in which financial planning firms can build teamwork. The author examines the survival game, which has individuals and the group rank a list of items in order of their importance to survival. Typically, the group scores better than the individual, showing the benefits of teamwork. When dealing with group dynamics, managers should keep in mind the fundamental aspects of teams: interaction among members, consensus among members, and norms formulated by the group, which impacts an organization's culture.


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