Skill Cloud – Part 2

Continuing on from a previous posting.  There are a number of sources that discuss team interactions, more specifically keeping teams that work well together, together.  Of interest are the following comments:

At a software services firm, a 50% increase in team familiarity was followed by a 19% decrease in defects and a 30% decrease in deviations from budget. On audit and consulting teams, high familiarity yielded a 10% improvement in performance, as judged by clients.

Members new to one another simply don’t understand when and how to communicate. Some groups never master this; and even in groups that do, the pro- cess takes time, slowing progress toward team goals.

Teams are increasingly asked to pivot mid-project be- cause of competitive pressures or shifts in customer preferences. This creates stress and requires flexibility. Team familiarity provides a common platform from which the group can work to meet such new demands. 

Which leads to the following thought: Maybe as part of assessing the project risks, a Skill’s Cloud should be populated with historical team interactions – big data small data dataset, thus allowing a project to assess how quickly the team will begin interacting and working to solve a problem, coupled with the possible flare points within a team?


~ by mdavey on June 2, 2014.

One Response to “Skill Cloud – Part 2”

  1. […] From Tales from a Trading Desk […]

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