Team-performance survey keys in on critical issues
A new survey from Target magazine (published by the Association for Manufacturing Excellence) and Sibson & Co.
A new survey from Target magazine (published by the Association for Manufacturing Excellence) and Sibson & Co. discusses what a high-performance team is, and pinpoints some of the ways to encourage and sustain top team performance in the manufacturing environment.
Here are some of the results from the survey:
- Teams positively impact company performance, according to 95% of the responding companies
- Strong teams are those which share healthy portions of commitment, effective communications, and a strong understanding of metrics and company and team goals
- Visible, frequent, and timely sharing of performance results is critical in improving team performance
- Rewards play a critical role in motivating and driving team performance
- Although there is no universally accepted formula for success, team and group incentives and skill/competency-based pay, combined with enthusiastic recognition programs, nurture team success
- Team performance climbs as the teams eventually become more self-managing.
More information on the survey and its results can be obtained from the Association for Manufacturing Excellence, phone 847-520-3282, fax 847-520-0163.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey