Team Management Blog 5
Video 1 ‘’According to CIPID SHRM and Business Strategy article most organizations today recognize that people are fundamental to sustainable value creation, which is why Team Management is often referred to as a business's most important asset. Furthermore, individuals’ knowledge, skills and abilities are assets which the organization should invest in and use to create sustainable value for the organization and the various stakeholders’’ (Houghton 2020). According to an article in Massachusetts Institute of Technology, teams go through different stages of development and one of the best theories for a team's stages of development was implemented in the mid of 1960s by Bruce W. Tuckman. Although many authors have written variations and enhancements to professor's work, the descriptions of ''Forming, Storming, Norming, Performing and Adjourning'' provide a useful framework for looking at your own team. Furthermore, Tuckman’s stages of development assist team ...