4 October 2017

Flexibility in team management: benefits and tools

Table of contents

Flexibility is much more than just a buzzword, It is a way to gain competitive advantage with the same resources you already have available. Do you know how to do this?
Project management is becoming more flexible, agile and lean, the company structure becomes horizontal and demonstrates this with geographically dispersed team management and even flexible remuneration., which is used to boost employee motivation in many companies. These conditions are enjoyed by between 50 and 90% of European workers, although in Spain only between 10 and 20% (OECD).

The future of work is flexible, but we need to know where and when to use this adaptability. Do you want to know where to start?

Up-to-date and motivational team management

A successful company seeks the satisfaction of its customers just as it sets the same goal for its employees. Team management needs to be aligned with the principle of flexibility. ¿You already do it this way in your company?
If your leadership style is characterised by this attribute, you're probably already noticing some of its positive effects, such as:

  1. Increased employee retention rateEmployees who enjoy flexibility and autonomy tend to be more satisfied with their jobs, accumulate less sick leave and have a drastically lower employee turnover rate.
  2. Increased talent attractionA flexible organisation that helps individuals to develop their full potential is perceived as more attractive. For many, such signs are even more highly valued than salary aspects.
  3. Reduction of unnecessary costsThe following are some of the main issues: delays, absences, facilities and consumables, among others.
  4. Boosting productivity and performanceStudies show that employees with flexible working hours are more productive than others and perform better than those who are forced to stay in the office from 9 to 5.

If you are on the road to the flexible team management that promises such good results. and that it is the one that “one-third of workers would prefer a wage increase to a wage increase” (HRMagazine), you need to take note of some recommendations that can help you to improve the design of your strategy:

  • Focus more on people and talent, and less on processes.. Paradoxically, the changes that digital transformation has brought for many companies help them to focus on their most valuable asset: people. This is clear from this report by KPGM.
  • Flexibility in the allocation of space. Discover in this report, The UK Civilian Government has boosted the performance of its workers since they have removed barriers and walls.
  • Ensures access to quality knowledge, This should not be at odds with timetables or locations.
  • Ensure smooth communication. This is essential for team management, and you can partner with technology to achieve your goal. There are tools which will facilitate meetings from remote locations and the exchange of documents.

Discover in this report what other managers think about flexible working, a key aspect for the future of business in this era and an irreplaceable enabler for high-performing virtual teams.. The wage is a way to start and, “.“In Spain, 7 out of 10 companies use this flexibility to retain and motivate their staff.” (Expansion). Do you want to know more about Flexible Compensation?

Edenred Spain

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