Why High Performing Teams start with a culture of Shared Values

“High-Performing teams: A timeless leadership topic” is the title of a McKinsey article from June 2017 and six years later what makes a “high performing team” is still the subject of many an article, podcast and book.

Whilst much has been written about the composition of the teams including the personalities and diversity of those within the team; a solid foundation is needed to underpin the members of a high performing team. I believe that foundation starts with the culture of shared values. A clear mission and vision that everyone is working towards.

Shared values provide a strong foundation for team members to work together effectively towards a common goal. When team members understand the mission and vision with shared values, they have a shared understanding of what is important, what drives their decisions and actions, and what is expected of them in the team.

A culture of shared values helps to establish a clear direction for the team and promotes consistency in decision-making. When team members are aligned in their values, they are better equipped to make decisions that are in the best interest of the team, rather than just their individual interests. This leads to a more cohesive and productive team environment.

Here are some reasons why a culture of shared values is fundamental in establishing and developing high performing teams:

1. Common purpose: Shared values help the team to establish a common purpose or vision. When team members share values, they can work towards a shared goal, and focus their efforts on achieving the same outcome.

2. Trust: When team members share values, they are more likely to trust each other. Trust is important for building strong relationships and effective communication, which are essential for high-performing teams.

3. Cohesion: A culture of shared values promotes cohesion within the team. Team members are more likely to feel connected to each other, and work together to achieve shared goals. This creates a sense of unity and collaboration within the team.

4. Accountability:Shared values help to establish a common standard for behaviour and performance. When team members share values, they hold each other accountable for their actions and decisions, which helps to maintain a high level of performance.

5. Adaptability: A culture of shared values enables teams to be more adaptable. When team members share values, they are more likely to be open to new ideas and perspectives and are better able to adapt to changes in the environment or circumstances.

When team members understand the shared value, they are more likely to work together effectively, and achieve great results. This culture of shared values promotes effective communication, consistency in decision-making, and trust and respect among team members. Which then leads to a more productive and cohesive team environment, essential for achieving success.

Over the last few months, I have discussed the importance of a team culture which benefits both individuals personally as well as the business. High performing teams are not simply a group of high performing people joined together. They are a group of people who trust each other and work together with the foundation of the shared value and common purpose.