Team Effectiveness Explains Almost 80 Percent Of Leaders’ Success.
IN MY EARLY YEARS as an executive search consultant in Argentina, I was frequently asked to hire senior investment bankers. Citibank and JP Morgan were the leading players in the region at the time, but as I contacted and interviewed most of their key bankers, I saw something strange going on. While both had top people, one was dramatically more successful in the market.
How did the stars at that firm manage to shine brightly together, while those at the other merely twinkled on their own?
For years, I puzzled over the huge performance gaps I often saw between teams that, on paper, looked as if they would be equally effective. You see it in business, in sports, in creative endeavours from movies to magazines. What made the difference? And what was the secret to both evaluating and enhancing team, rather than individual or organisational, dynamics?
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