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Team Building: Team 1
Transcript of Team Building: Team 1
A High-Performance Team?
- Ted Turner, Broadcasting Entrepreneur
A linking platform = What is Innozed? Business profit What? How? High-performance team characteristics
Discussion Low relevance in start-up context
Growth HPT more relevant Mixed opinion
Physical Presence and Commitment matters
Quality of work Unified Commitment
(specific measurable achievable result-based timed)
Sub goals Clear goals People
Funding Internal Communication
External Communication Team of three
Virtual team Dispersed
Tom -> heavy workload
Shared decision-making Good communication Internal Support Effective leadership Mutual trust Transparency
Conflicts with external groups Conflict management Small team
Lack of management and accounting skills
Significance of tacit knowledge Relevant skills Recommendations: Questions? * * * Diagram here?
-virtual team High-performance team High-performance team
characteristics External Support Challenge is:
#2 Hiring new employees "... be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms ... these models tend to look impressive. ... Beware of geeks bearing formulas."
-Warren Buffett Integrate future team members Increase clarity Improve communication Ideas Investors