team production

team production

the organization of PRODUCTION based on a specific group of workers in order to improve efficiency and product quality. See CELL, CELLULAR MANUFACTURING. Appropriate reward structures may be required to encourage commitment to group targets and discourage ‘shirking’. See GROUP INCENTIVE BONUS SCHEME.

team production

production by two or more people working together. Generally teams can produce more when they are working together than when they are working separately. However, whereas a single self-employed person receives the fruits of his effort alone, in a team each team member will receive only a part of the additional earnings generated by his extra effort. This tempts individual team members to shirk, or put in a lower level of effort, and for every team member who shirks the total output of the team will be lower. If shirking by one team member can easily be detected by other team members, then shirking can be minimized, but if it is difficult to detect shirking, then monitoring arrangements may need to be implemented or reward mechanisms devised if shirking is to be avoided. See INCENTIVE PAY SCHEME.
References in periodicals archive ?
For its ranking, the publication evaluated hundreds of companies and considered multiple variables, including the number of advisers on staff, team assets under management, annual team production, percentage growth in assets under management, percentage growth in production and production-per-adviser.
He mentioned having several restaurants (Hungry Samurai, Ryu Ramen), his A Team production company, a joint venture between him and wife Regine Velasquez, and his Thunder and Lightning house and lighting company.
twofour54 is providing the team production services as well as the support of its government and travel services department to ease the process.
For industries with stable team production, current or previous team productivity, if observed, may provide a reasonable proxy for team quality.
To control for these structural changes in the NHL, the parsimonious team production model employed by Depken (2000) and others is altered in three ways.
The organizational solution to these team production problems can take one of two general forms.
The 12 program managers named to this exclusive list are ranked based on a number of criteria, including team assets under management, team production, percentage growth in team assets under management, percentage growth in team production, production per advisor, number of advisors, and number of licensed bank employees.
Human interaction in the workplace involves team production, with workers playing off of each other's strengths and adapting flexibly to changing circumstances.
All six parts are broken into several sessions each and are performed twice: once with team and individual performance equally productive and a second time with team production having a 10-percent productivity advantage over individual production.
as a mediating hierarch (the team production model).
Even though the point-guard produced some good numbers again, the superior team production of the visitors was critical and allowed Flournoy (pictured left) and Co to head home with the kind of result which will galvanise their belief that they can finish top of the pile.
The team production model of the corporation, rooted in stakeholder theory, was constructed by Margaret Blair and Lynn Stout in an attempt to supplant the principal-agent model as the dominant paradigm for analyzing intra-corporate conflicts.