“Remember that Time is Money. He that can earn Ten Shillings a Day by his Labour, and goes abroad, or sits idle one half of that Day … has really spent or rather thrown away Five Shillings besides.” That’s the origin of the famous quote, “Time is money,” having first appeared in Benjamin Franklin’s “Advice to a Young Tradesman, Written by an Old One.” And it’s an adage that still holds true today—especially for remote team managers. When you’re in charge of a team that’s spread across locations—and often across the world—it’s crucial to have tools and technologies in place that can keep everyone connected and working towards a common goal. Still, time-tracking isn’t as much about keeping tabs on employees as it is about driving productivity and delivering key metrics. After all, if you’ve taken the measures to hire and train all-star developers, you won’t have to worry about slapping anyone on the wrist. You just need to make sure they have the resources they need to do their job effectively and efficiently. That’s where time-tracking tools come in. While there are plenty of options out there to help you manage your remote engineering team, only a handful stand above the rest. Let’s take a look.
In 1976, Bela and Martha Karolyi made history when their protegee, Nadia Comaneci, became the first-ever Olympic gymnast to score a perfect 10.0 in her routine. But their legacy didn’t end there. After defecting from communist Romania to America, the Karolyis set out to accomplish an even bigger goal: Coach the US gymnasts to win their very first gold medal as a unified Olympic team. After returning from the Barcelona Olympics with only a bronze, the Karolyis realized they’d been making a huge mistake. The gymnasts had been training separately with their own coaches, and only came together as a team at the actual Games. That’s when Martha decided to dramatically revamp their strategy. Before the centennial Olympics in Atlanta, she insisted that all seven athletes meet and train at a team camp for two weeks. “That was the first moment when the US had a program that put team orientation in front of the individual success,” Martha said in NBC’s documentary, Karolyi. “If the team is doing good, it’s very good for all the individuals. So your goal should be to be part of this team, because then you will become successful.” Unsurprisingly, that was the year they won the gold medal. While people can, of course, accomplish great feats on their own, several studies have shown that teamwork boosts productivity. After all, when people work together towards a common goal, they can combine their skills, solve complex problems more efficiently, and strengthen their commitment to a positive outcome. Let’s take a look at seven studies, in particular, that prove what the Karolyis have known for decades: People just work better in teams.
Just like your soulmate might be on the other side of the planet, sometimes your company’s best talent is hiding out of reach. After all, the most qualified people across the world aren’t just confined to your city. (If they are, though, please spill the secret of your magical location!) The question remains: What do you do if you want to bring this talent on board?
Tell us if this sounds familiar: You’re getting ready to launch your product or make some major updates to your system. To get this done, you need to either build a development team or patch holes on the one you already have—and you need to do it fast. In a hurry, you circulate job listings, quickly onboard new engineering hires, and get them started on a project as soon as possible. Great. Done. All set, right? Not exactly. It’s rarely that easy to find high-quality talent. And if it was, companies wouldn’t be having such a hard time building their development teams.