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Energising Teams for the New Financial Year: Rituals, Reflections, and Renewed

Is your team energised for the new financial year?

EOFY often feels like reaching the peak of a mountain after a long climb, a moment of achievement, satisfaction and reflection. That being said, as we enter a new financial year, we realise there’s still more work ahead with new goals to focus on and challenges to navigate. To position your team for success in the months ahead, it’s important to reflect on the past year and create space to reset. Without a moment of realignment, teams can carry forward low morale, misaligned momentum and unhelpful behaviours into the new year.

So, what might this reset look like?

Resetting Rituals

Taking time to reset as a team offers a valuable opportunity to refresh the routines and practices that shape culture. As teams evolve throughout the year with staff changes, these rituals may lose momentum or fall out of practice. Revisiting what’s working, and what’s not, helps ensure teams feel connected, supported and grounded. Even small traditions, like weekly shoutouts or team check-ins, help create rhythm, boost morale and offer new team members a sense of belonging. These practices are most effective when they are inclusive, co-created and aligned with what your team values.

Creating Space for Reflection

Reflection is an essential way to reset. When teams reflect on what’s worked well, what hasn’t, and why things happened the way they did, it helps inform better planning. Creating moments to talk openly and gather feedback anonymously can offer a chance to uncover insights, highlight progress, and acknowledge challenges. While these conversations don’t need to be overly formal or structured, they should encourage shared learning and honest input. Effective reflection isn’t only about identifying what needs improvement. It’s also about celebrating achievements, recognising effort and strengthening team cohesion.  When approached with intention, reflection builds clarity and confidence, helping teams align on what matters most going forward.

Reconnecting to Purpose

After a busy or challenging period, teams often become highly task-focused and lose sight of the bigger picture. Reconnecting with purpose can help restore motivation and direction. One powerful way to do this is by revisiting your organisation’s mission and encouraging team members to reflect on what gives their work meaning. These conversations don’t need to be formal, even informal moments of reflection can help teams stay grounded in a shared sense of purpose.

Leadership plays a critical role in this process. Keeping purpose alive isn’t just about repeating the organisation’s mission; it’s about ensuring that purpose is reflected in day-to-day work. When leaders share their own evolving sense of purpose, it encourages others to do the same, deepening the team’s collective sense of meaning and helping guide priorities and goals for the year ahead.

How we re-energise at TMS

Each financial year, we take time to reflect as a team on what’s worked, what we’ve learned, and how we want to move forward. We revisit our team rituals to ensure they’re still meaningful, inclusive, and energising.

Most importantly, we reconnect with our shared purpose. By reflecting on our own “why” and sharing it with each other, we stay aligned and inspired just as we encourage our clients to do.

About the author

TMS Consulting