by DPTS on April 11, 2012
By Barry Lebow (as seen in REMOnline)
I wanted to write a piece on the future of real estate – about where this business will be in a decade. What innovations will there be? Will there be a major shake-up? Will the excessive access to information by the public make Realtors go the way of travel agents?
The irony is that I interviewed Dan and Michael Plowman of the Dan Plowman Team recently and was surprised that they have trademarked the slogan, “The Future of Real Estate.” The Plowmans are actively engaged in training others in real estate across Canada about how to set up, manage and thrive from teams. They were my go-to people for this interview.
Dan Plowman started in real estate sales more than 22 years ago; Michael Plowman has been with the team for eight years. It turned out to be a three-way interview as Dan and Mike responded. Their comments to my questions follow:
Dan: At first when the concept of having an assistant started, maybe 12 years ago, more or less, a lot of top producers did it to support their egos. They did not know exactly what was the role of the assistants, what were their tasks and worse, they did not know how to leverage their position. I was guilty of that and if something went wrong, I blamed the assistant. I did not take responsibility if something went wrong. I should have understood that it was my fault for not having systems in place. Blaming an assistant is a typical knee-jerk reaction by a boss and is wrong, usually because of a lack of having systems.
Back then, few understood that the assistant was there to provide value, both to the leader, the public and of course, to themselves. They did not understand that the assistant could be leveraged into providing three or four times the effort that one person could do. That is just the power of compounding.
Read the rest of this interview with Dan & Michael Plowman at REMOnline!
by DPTS on January 19, 2012
One piece of log creates a small fire, adequate to warm you up, add just a few more pieces to blast an immense bonfire, large enough to warm up your entire circle of friends; needless to say that individuality counts, but team work dynamites. – Jin Kwon
Businesses of today are largely concerned about their profits. They are taking every possible step to increase their turnover. The most important aspect that has a very substantial and positive impact on any business is
teamwork. Effective teamwork is very significant for a company to use employee potential to the fullest. Teamwork is not only used in the corporate world to achieve targets on time, but also in the world of sports. If a team works towards a goal collectively, no one can stop it from reaching its goal. Due to the importance of teamwork in business, employers prefer to hire employees who are good team players.
Requirements for Being a Good Team Member
For becoming a good and effective team player in your company, you are required to have a particular set of skills and capabilities. You most importantly should have a good listening skill. This surely proves to be useful in listening to ideas, views, suggestions and conceptions of other employees or subordinates. You should be able to discuss the ideas and strategies suggested by your colleagues.
You should encourage the participation of every member in the team for a collective effort to achieve a goal. You also need to be able to share knowledge and understanding among the team members. A not to be missed skill is to give respect to others. If you want to be a good team player, you should learn to respect people and their ideas. These are just a few essentials that are required for becoming a good team member. Now let us understand why is teamwork important.
Why is Teamwork Important in Business?
Achieving Goals
It is a widely understood concept, that united we stand and divided we fall. Same is the case of a team in a business. Collective team activities are very important if the company or a process wants to reach its goal. There are some tasks that cannot be done individually, but can be easily accomplished by working in a team.
Increasing Individual Learning
In simple terms, a team is a group of people who have come together for achieving a common objective. Therefore, in a group of people, there are many intelligent minds and brains working. When team members work together as a team, they can learn the skills and capabilities of each other and advance their knowledge. This certainly can be beneficial in your professional as well as personal life.
Resolving Conflicts
There are many types of conflicts that may arise in the company, which may in turn have an adverse effect on the collective output. In order to resolve business conflicts; the knowledge, understanding and expertise can be used efficiently for determining solutions to the problems. This significantly helps the business to grow.
Good Communication
Communication is an inevitably important factor in teamwork. When employees work in a team, they are able to pass on their ideas clearly. This rules out the possibilities of miscommunication due to complex hierarchy in the company. And due to ideas and concepts passed clearly, there is no scope for misunderstanding.
Generating New Business Improvement Ideas
If a manager encourages team members to participate in collective decision making, he will be able to reach a good strategy by considering views and suggestions from all members. The business can also think of incorporating ideas suggested by the team members. Employee participation in the management is a very effective tool in meliorating business strategies.
I hope this explanation might have been helpful for people wondering, why is teamwork important. Those in the team leadership should conduct
team building activities for letting employees know each other better, and work in a team effectively.
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