the new venture team - profcraigarmstrong新的.PPTVIP

Entrepreneurial Teams Jeffrey Timmons on the New Venture Team Teams are important There is a strong connection between the growth potential of a new venture and the quality of its management team The existence of a quality management team is one of the major differences between a firm that provides its found with just a job and the ability to employ hundreds in a high potential venture Bring vision in team philosophy and attitudes The most successful entrepreneurs anchor their vision of the future in certain entrepreneurial philosophies and attitudes (attitudes about what a team is, what its mission is, and how it will be rewarded) The soul of this vision is based on what the founder(s) is trying to accomplish and the unwritten ground rules that become the character and purpose guiding how the team will work together. The rewards compensation, and incentive structures rest on this philosophy and attitudes Building teams The capacity of the lead entrepreneur to craft a vision, and then to lead, inspire,and persuade key people to sign up for and deliver the dream makes an enormous difference between success and failure, loss and profit, and substantial harvest and substantial personal debt. Instilling a vision, and a passion to win, occurs very early on, often during informal discussions, and seems to trigger a series of self-fulfilling prophecies that lead to success Building Teams Lead entrepreneurs and team members who understand team building and teamwork have a secret weapon. “Many with outstanding technical or other relevant skills, educational credentials, and so on, will be at once prisoners and victims of the highly individualistic competitiveness that got them to where they are.” Best team-building philosophies Cohesion: Members of a team believe they are “all in this together.” If the company wins, everyone wins. Rewards, compensation, and incentive structures rest on building company value and return on capital invested Best team-building philosophies Tea