No team is perfect, and each one has it's areas for improvement and issues to solve. As a byproduct of achieving your company goals and mission, many productivity and interpersonal issues would appear. For sure, you'd like to figure out the important ones sooner rather than later.
Some managers might argue that they have an open-door policy and don't need separate 1-on-1 meetings. They say that employees can come to them with questions or share issues at any time.
Even though it sounds great in practice, it rarely works in reality. Most problems and tensions accumulate gradually over time and are hard to notice unless you talk in detail with your team. And these issues become visible only when it's already too late.
Having regular conversations and asking the right questions
with your team helps bring problems (or suspicions about the issues) long before it's too late to fix them. Such as hiring problems, tensions or conflicts between team members, productivity issues, blockers between teams, inefficiencies in processes, waste or resources, etc. Case study 2
. Two of your team members, Bob and Mary, had different opinions about the product feature. They couldn't agree on the solution, and it grew into a personal conflict with each other. They started sharing rumors and gossip about each other, sabotaging each other's work. The whole team dynamics and productivity suffered. It came as a surprise to you that Bob left, and the team was demoralized. Having regular 1:1 meetings, you'd notice the conflict early and intervene long before it was too late.