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Essay / Research Paper Abstract
This 5 page paper considers why team management has been gaining increased attention and the benefits that companies can obtain if they have efficient teams. Benefits discussed include lower costs, faster decision making time, maximization of human capital and higher motivation levels. The decision includes tools and approaches used to manage teams to create value. The bibliography cites 6 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEtemang.rtf
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Unformatted sample text from the term paper:
the workplace, they have been used to increase motivation, with greater levels of empowerment and discretion increasing productivity. The use of teams can increase loyalty, as loyalty is also created
between team members in addition to that given to the employer, this also has the potential to increase productivity. The use of team may also lower cost, not only with
the increase in productivity, but with the way management can take place at a lower level, facilitating decisions that create more efficient operations (Huczyniski and Buchanan, 2003). These indicate there
are a large number of potential benefits to the use of team management. Human capital has often been overlooked as a source of valuable information for an employer, however many
of the modern models of management value the input of workers at lower levels in the hierarchy. TQM with the use of quality circles as well as other TQM models
such as 6 Sigma and the 5 Ss all rely on the employee working together and the input of the knowledge of the team members into the system. The shop
floor workers are often those who are best placed to notice potential improvements in systems or savings due to redundant or inefficient process. The result of this input can have
a direct impact on budgets, cutting running costs and possibly saving investment costs. There are many examples of this type of benefit. One example is that of the Mini Cooper
Rover plant in the middles in the UK. There had been many cultural clashes and problem, a new method of team based working was introduced. The idea was also based
on the use of human relations theory which, started by the work of Mayo and the Hawthorne studies, indicates that there is an important role in the employment relationship for
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