How can you manage a team of technical analysts remotely?

First thing comes first in any team relationship and partnership. Establish specific roles and responsibilities to carry out within a time frame and let the team be aware of measurable metrics to understand and determine their KPI. This will keep all hands on desk and busy.

Using Project Management tools such as Microsoft Projects and Trello can boost the efficiency. we need good communication mediums and applications also to be well connected with the team members. Logging and recording applications also are other requirements in order to log the tasks and measurements of the performance of everyone in the team.

Communication is powerful to set the ball rolling every time. Set a day of the week aside specially for meeting to address important and crucial issues that needs urgent attention for the growth of the team. Adhere strictly to innovative mentality and embrace the opinions of team members, so the team as a whole can pick the most scalable idea from the options. Communication gives team member a sense of belonging when it is not a one-way communication.

Planning the routine meetings and weekly analysis reviews is a great way to hold everyone attached and responsible, it helps everyone feel warmer and efficient for the growth. Regular video calls with screen sharing will help everyone attached and tight to the overall goal and projects scopes, it creates an environment which provokes team members for more collaborations.

You can use SMART to help your team to set realistic goals and achievable means to get the result within a specific time frame. The expectation should not be too high that all they will have is motivation without equipment of efficiency and quality working environment. All must be provided accordingly to see result, the better the input when optimized, the greater the output.

Fixing the scopes and goals for every member including the management level will boost the overall performance and clear the ambiguity of the work flows, and concentrate the team on a mutual goal. It is very compulsory for the business models to have a clear vision and missions which are very aligned with the defined goals and scopes.

For a remote team, definitely they are going to be most likely be leveraging on technology. The use of internet is a must, provide quality fast internet speed to deliver and receive data as fast as possible. Ensure they have required working environment which is conducive enough to deliver value. Be ready to get them on sophisticated gadgets like PC that can easily shoulder the loads of working applications and software without hanging and lagging due to overheating and other technical issue. Make provision for uninterrupted power supply as well if the job specification warrants 245/7 online presence. All these must be considered

We use Tradingview.com as our main charting and analysis tools in order to log our Researcher and Analysis for further reviews, it helps us publish ideas publicly and privately for better understanding of how markets moved when we did the TA, it let us observe and measure the accuracy of our analysis.

Encourage and allow team members to maintain a positive culture within the collaborative space by empowering them with the ability to trust you and others as you have trust them. Neglect and discourage any form of rumour, malice against team members, agitation for a need among the team and other unethical conducts. Take care of the team members, reward them when necessary, appreciate them all the time. Support them when they need you. Guide team members when they are falling out of track, do this with respect and love. This is how to foster a positive culture in a collaborative environment when having team members working remotely.