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The top six are now the top seven as 'SPARTANS' and 'Ozzy' both rank equal in sixth place. 'SPARTANS' retained their sixth place with an improvement of 7% whereas 'Ozzy' dropped from third place to sixth equal with a -2% improvement. What decisions did 'Ozzy' take to drop or did they make a mistake in the entry, it has happened before!
Positions one and two swap places with 'Wacky workforce' rising to first from second and 'Predictably Irrationals' dropping from first to second their improvements were 14% and 10%.
'Lounge 4' are up by one place in third with 7% improvement. 'TITANS' also rise one place to fourth with 10% improvement.
'Team 1' back in the top six rising two places to fifth with 11% improvement.
'Master Minds' hold their place rising one to 11th with 11% improvement but 'Hacksaw' look the best performer rising from twenty fourth to sixteenth also with 11% improvement.
So there is still scope to catch the lower orders of the top six.
Its time for the chasers to chase hard. Take risks that, if they payoff, will catapult you up the league table. Of course with risks there is always the prospect that it will go the other way!
As the end comes in sight, the leaders start to get nervous enough to try to defend their position and their decisions start to become more cautious and less rewarding. Was this what happened to 'Ozzy'? This gives the opportunity for the followers to catch them.
But never the less, whether you're chasing or defending, the rigour of decision making must remain. The Team Leader needs to ensure that their team members all contribute, that they understand the consequences of the decisions they are proposing, and that the decisions are fully discussed. Disciplined decision making, teamwork and leadership becomes even more important when judging greater risks.
Also don't forget the shareholders. They own the company and are looking for their share of profits – low dividends will have a negative impact on share value. It's tempting to use the funds for dividends to bolster the company's other activities (marketing for example) but it's no time to abandon the shareholders in the pursuit.
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There's some turbulence in the top positions with newcomer 'TITANS' rising from eighth to fifth with a 15% improvement in their performance.
The new first and second are 'Predictably Irrationals' rising from third with 14% improvement and 'Wacky Workforce' rising from fourth with 17% improvement. 'Ozzy' slip a place to third on 10% improvement 'Lounge4' slip from first to fourth with an 8% improvement. 'SPARTANS' slip one place to fifth with a 6% improvement. Dropping out of the top six is 'Team 1' slipping one place to seventh with 8% improvement. You can see the differential in the improvement figures affecting the placings.
Further back 'Master Minds' rise twelve places, 'COWI Fix it' rise nine places and 'CE-Trix' rise six places with improvements of 15%, 16% and 13%. So it illustrates that good performance pushes the teams up the ranking. A couple more rounds like that and they'll be near to the top. There is still capacity for most to improve and improved performance depends on the decisions you take. Make sure that the decisions are fully discussed by the team members so you understand the effect the decisions will have. Guesswork doesn't produce success.
We look forward to more choppy waters in the rankings in the coming rounds.
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The overall performance of the top six has dipped from around 20% last period, to a range of 8% to 17%. This is caused by the restrictions of winning work and then having to deliver it. So early success can dampen future performance as different decisions are needed and may be more restricted. This could well test the leading teams, 'Lounge4', 'Ozzy' and Predictable Irrationals, as well as 'Wacky Workforce' who move up one place to 4, 'Spartans' to 5 and 'Team 1' that slip to sixth.
There is some movement below that. 'KAPtains' move up three places, 'KENT' move up two places and 'TeMERITty' move up seven places. This has been achieved by improvements in performance of 22%,20% and 22%. So it is clear that get the right decisions, improve performance and advance.
What the middle ranking teams are looking for is a differential performance level over and above those in front of them. It can be done.
Now may be the time to review your strategy. Discuss what you’re trying to achieve and how you might achieve it. Make sure all the team contribute to these discussions as the understanding of how to progress is locked in the minds of all the team members. This is the job of the team leader. Each team member needs to remember that it is team success that scores, so arguing your own view will may need tempering with the views of others. The team leader needs to get the thoughts out for discussion.
MERIT develops both leadership and teamwork. These soft skills last and benefit many aspects of your career development. Now is the time to practice them. These skills, in the long term, could take you all the way to the top. In the short term you could rise out of the dip!