The importance of psychological safety in teams
– Michael Jordan
When a start-up is successful, we often credit it to the lone genius and brilliant founder; however, the majority of new ventures are founded and led by teams, rather than by individuals. The power of teamwork cannot be underestimated as it can bring out the best in each individual under the right circumstances and therefore has the potential to become more than the sum of its parts.
A team is usually defined as a highly interdependent group of people working toward a common goal. Teams plan their work, solve problems, make decisions, and review their progress together, among many other things. The difference between a working group and a team is that team members need each other to get their work done; they are dependent upon each other. One can say that a group becomes a team when shared goals and effective methods to accomplish these...