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Free Book Summary: Great Business Teams by Howard Guttman

In this video, we are discussing a free summary of the book, Great Business Teams by Howard Guttman. In the competitive world of business, the difference between good and great organizations often boils down to the strength of their teams. While good teams meet deadlines and stay within budget, they maintain the status quo and do not strive for excellence. In contrast, great business teams are high-performing, horizontal teams that achieve the highest levels of results. Howard M. Guttman offers a comprehensive guide on how to build and sustain such exceptional teams. His insights reveal that with the right leadership, structure, and culture, any organization can elevate its performance and achieve remarkable success. Key Lessons from the Book: 1. Leadership Starts at the Top Great teams are led by high-performance leaders who reject traditional hierarchies for a "flat," horizontal structure. They empower team members to make decisions and hold them accountable, fostering an environment where every member is a leader. 2. Rigorous Protocols and Alignment High-performing teams adhere to clear protocols and decision-making processes. They align on a shared business strategy, defined roles, and responsibilities, and maintain strong, collaborative relationships. 3. Openness and Accountability Openness is crucial. Team members are encouraged to express viewpoints, resolve conflicts constructively, and provide fact-based feedback. Horizontal accountability is emphasized, fostering a culture of mutual respect and transparency. 4. Continuous Improvement Great teams continuously strive to improve. Leaders adjust their approach based on team members' engagement and skills, ensuring tailored support and motivation for ongoing improvement. 5. Characteristics of High-Performing Team Members Members think like directors, prioritize team success, embrace accountability, and possess leadership skills to drive team performance. 6. The Alignment Process Creating a high-performing team involves clear direction, focused business deliverables, defined roles, established decision-making protocols, and open relationships. Regular assessment and adaptation to challenges are key to maintaining high performance. Conclusion Building great business teams requires strategic effort, continuous improvement, and a commitment to fostering a culture of excellence. Howard M. Guttman's principles provide a roadmap for transforming good teams into high-performing ones. By adopting a horizontal leadership structure, clear protocols, openness, accountability, and continuous improvement, organizations can unlock their true potential and navigate the complexities of the business landscape. Timecodes 00:00 Introduction 00:12-The Importance of Great Teams in Business 00:51-Characteristics of Great Business Teams 02:12-Crafting Hard and Fast Protocols 03:37-The Role of Openness in Great Business Teams 04:24-Continual Performance Improvement 05:14-Key Behaviors for High Performing Team Members 06:37-The Alignment Process Helpful Links for Business Professionals & Entrepreneurs: The #1 Book Summary Service for Executives and Entrepreneurs: https://readitfor.me/ View more free book summaries at Readitfor.me: https://readitfor.me/free-book-summar... Become an AI business consultant with trusted AI Enablement Training, Coaching and Online Certification: https://simpleacademy.ai/ #booksummary #businesstips