11 June 2015
How do you create competitive tension within a business?
You might be wondering why anyone would want this dynamic within their team, but I think it’s an essential part of running a successful business, and it’s actually incredibly positive when put into practice.
As individuals, many of us are hugely competitive, and you don’t have to be a loud or aggressive type to enjoy the thrill of competing. Michael Jordan once said: “You have competition every day because you set such high standards for yourself that you have to go out every day and live up to that.”
The crux of the matter is that it doesn’t matter how outwardly competitive people might seem; we are all driven by a sense of internal motivation. In business, fostering this dynamic starts with getting people into sport, whether that’s by helping them set health goals for working out in the gym, or taking part in team sports against other companies.
The latter is particularly beneficial whether you win or lose. If you lose, it drives you to want to improve, whereas winning creates great energy that translates into people’s work. When you have a tight knit business like ours, competition is never a negative force. It keeps people moving forward, developing and progressing. Without it, you risk slowing down and losing momentum, and that’s when people can start to feel bored.
Competition, in my experience, is one of the best motivators you can use to inspire and energise your team.
Game of chess, anyone?