This note provides a series of practical coaching tips for building successful management teams within a startup business. Students will learn what works and what does not. The note is presented from the perspective of a veteran entrepreneur and CEO who has built and managed multiple, high-performing teams in a competitive business environment. It includes several examples of companies and individuals who have followed these basic guidelines when developing their teams.
Note on Building a Successful Startup Management Team: 12 Keys
by: James D. Price
Publication Date: February 15, 2009
Length: 5 pages
Product ID#: 1-428-785
Core Disciplines: Entrepreneurship & Innovation, Strategy & Management
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Description
Teaching Objectives
After reading and discussing the material, students should:
- Describe how to build a high-performance team in a startup environment.
- Identify the key components of a successful team.
- Analyze a startup from the perspective of a hiring manager.
- Explain the real-world concerns of a startup executive.