Advantages And Disadvantages Of Self-Managed Teams

Advantages of Self-Managed Teams

The concept of Self-Managed Teams has been growing in the recent years because there are plenty of advantages on adapting this kind of work culture. A successful self-managed team is likely to boost a company’s efficiency and productivity. The quote “Alone we can do so little, together we can do so much” –Helen Keller; states that when we work together as a team, the efficiency level is considerably higher when compared to the work done individually. Scrap rates typically decline and productivity increases. The self-managed teams work towards a common goal and are responsible for their own actions. When successful they can prove to be 15 to 20 percent more productive than the other kinds of teams. This leads to minimization of costs. When we get our team to work in a self-managed and accountable way, our management cost reduces substantially, because there is fewer requirement of managers and supervisors. For instance, one would pay a fixed amount of salary to all the employees in the self-managed teams, while the salaries in case of the other teams which are headed by the team leaders or managers are high for the obvious reason that the managers are paid more than the employees. Self-managed teams encourage innovation. All the members in the team are treated equally and are given freedom to review and improve their working practices. They are capable of responding to changing product lines and are quicker to adapt to change. There is