Page 66 - Jan-Mar 2016 The Pakistan Accountant

Signature Qualification CA that Empowers to Lead PAKISTAN to know each other better. Team work also reduces the chances of unnecessary conflicts among the employees and every individual tries his level best to support his team member. The level of bonding increases as a result of team work. Team members can also gain from each other. Every individual is different and has some qualities. One can always benefit something or the other from his team members which would help him in the long run. Everyone is hungry for recognition and praise. One feels motivated to work hard in a team and to live up to the expectations of the other members. Each member is a critic of the other and can correct him whenever the other person is wrong. One always has someone to fall He needs someone with whom he can discuss back on at the time of crisis. his ideas. In a team, every team member has an equal contribution and each team member comes Team and team work must be encouraged at workplace out with a solution best suited to the problem. All as it strengthens the bond among the employees and the the alternatives can be explored to come out with targets can be met at a faster pace. Workload is shared the best possible solution. Thoughts can be discussed and individuals feel motivated to perform better than his among the team members and the pros and cons can team members. be evaluated. Tasks are accomplished at a faster pace when Usama Sohail, ACA it is done by a team rather than an individual. An individual will definitely take more time to perform if Dubai, UAE he is single handedly responsible for everything. When It is an established fact that successful organisations employees work together, they start helping each other tend to hire and retain talent that are not only and responsibilities are shared and thus it reduces the technically qualified but also those who can work as an work load and work pressure. Every team member is effective team member. Various researches have proven assigned one or the other responsibility according to his that a team of averagely talented people having good specialisation, level of interest and thus the output is team work skills gives better results than the team of much more efficient and faster. highly qualified individuals with poor team work skills. Work never suffers or takes a backseat in a team. Being able to work effectively in teams is one of the Mr. X was taking care of an important client and was the key requirements in current business environment. only one coordinating with them. He took a long leave In a dynamic environment, complementing the skills and there was no one else who could handle the client in and roles in a team is a mandatory requirement. An his absence. When he joined back after a long vacation, organisation’s objectives cannot be achieved if the the organisation had already lost the client. Had Mr. X employees work in silos and do not have the capability worked in a team, others could have taken the charge to work in teams. There are requirements to work in when he was not there. In a team, the other team members teams with people from different backgrounds and can perform and manage the work in the absence of any hence each individual must have the capability to work member and hence work is not affected much. effectively in teams. There is always a healthy competition among the team members. Competition is always good for the The people running the organisation also work in team; employee as well as the organisation as every individual i.e., board of directors (those charged with governance); feels motivated to perform better than his other team wherein professionals from different backgrounds member and in a way contributing to his team and the work together so that the organisation can achieve its organisation. objectives. In our case of chartered accountancy where Team work is also important to improve the the individuals are technically qualified in the fields of relations among the employees. Individuals work accounting and finance, wider demand of the industry in close coordination with each other and thus come and the global trends want chartered accountants to 64 The Pakistan Accountant January - March 2016