Improving Team Performance within ESOPs

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Improving Team Performance within ESOPs
By Michael Culbertson Project Engineer,
PTTECH 4/21/06
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Considerations for Improving Team Performance

• Cultivate the Culture
• Employee Empowerment
• Risk Taking
• Collaboration
• Success Sharing
• Business Systems Approach

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Improving Team performance byCultivating the
Culture

• We have a large percentage of knowledge workers.
• We use The Seven Habits of Highly Effective
  People to convey the kind of organization and
  culture we want to preserve.
• Increasing Human Effectiveness seminar
• New Employee Survey.
• By leadership.

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Improving Team performance byEmployee
Empowerment

• Excellence-By-Objective
• The topics develop the employee, are proactive in
  nature and benefit the company by building a
  better employee. Its classic win-win.
• Employees need ownership of the projects
  entrusted to them.
• The overall focus is career building for the
  employee and relationship building for the
  supervisor.

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Improving Team performance byRisk Taking

• Define and minimize the risks.
• The statistics indicate that 90 of new products
  fail in the markets they are intended for.
• People need permission to fail once in awhile or
  they will not try new things.
• Focus and improve on what they can do well.

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Improving Team performance byCollaboration

• Opinions are more easily expressed in a leaner
  organization.
• PT Tech collectively meets with all of its
  employees every two weeks, via a luncheon, paid
  for by the company.
• Lunch meetings are a time to praise employees
  that have worked in earnest to achieve desired
  company outcomes, even if they have failed in
  doing so.
• All regularly scheduled meetings generate meeting
  notes stored in shared company directories.

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Improving Team performance bySuccess Sharing

• Employees participating in the ESOP have signed
  on for success sharing.
• 4 years ago, we informed employees we planned to
  start a new venturethe idea was suggested by an
  employee.
• One way we promote team performance is through a
  reward system aimed at patenting of new products.
  In our companys history, weve been granted 21
  patents.

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Improving Team performance byPlaybook
Approach(opens up communications)

• ISO 9001-2000 implementation helped us to create
  a playbook for Engineering
• For Engineering, ISO procedures helps in
  communication.

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Design Plan Worksheet
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Resource List

• The 7 Habits of Highly Effective People,
  Stephen R. Covey
• Increasing Human Effectiveness, Managing Asset
  Potential, SueThomas_at_MAPotential.com