6.2 Flashcards
Questions to build up a Team
1-5
- Who is required for a perfect team?
- are my friends a good addition for the team?
- which team size is the most effective and efficient?
- Is it better to work with strangers?
- how can tasks and responsibilities be divided fairly?
Distinction between partnerships and team members
1-2
Partnerships:
- one time or periodic
- peripheral to key tasks
Team members
- essential for business
Pros / Cons of Heterogeneity in Teams
- fast affective conflicts
- time-consuming building of trust
- harder to induce clarity of interests
- dysfunctional effect
+ comprehensive knowledge
+ advanced information processing
+ better solutions based on fruitful agrumentation
Belbin’s Personality Test: 9 Personalities
Action Oriented: People who get things done:
1 Implementer
2 Shaper
3 Completer/Finisher
People Oriented: Leadership roles, get the team together
4 Team worker
5 Coordinator
6 Resource Investigator
Cerebral Oriented: Entrepreneurial Visionary
7 Plant
8 Monitor/Evaluator
9 Specialist
Ideal Team
- different types should be balanced
- one leader
action 34%; people 36%; cerebral 30%
The perfect founding team
- all roles should be staffed
- every role is filled by a different person
- shared roles are possible
1 visionary
2 hustler
3 hacker
The perfect founding team
1 visionary
- big picture
- overall strategy
- hiring talent
- company spirit
The perfect founding team
2 hustler
- taskmaster
- doer
- sets the pace
- defined by attitude
The perfect founding team
3 hacker
- brain of the operation
- tech-skilled person
“programmer; chef”
Process of Building team
1: Check necessity of building a team
2: Check professional heterogeneity
3: Check personal heterogeneity
4: Split the tasks fair according to personality
5: Start teambuilding
6: Discuss interest and establish trust
7: avoid affective conflicts
Characteristics of successful teams
1-9
1 Cohesion (company wins, everyone wins)
2 Integrity (what is good for company)
3 Commitment to the long haul (no get-rich quick drill)
4 Teamwork (high performance breeds friendship)
5 Harvest mind-set (gains viewed as scorecard not as monthly paycheck)
6 Sharing of the harvest (after selling, equally shared)
7 Commitment to value creation (making the pie bigger for everyone)
8 Equal inequality (determine responsibilities and respective stock shares)
9 Fairness (adjusting shares/rewards over time)
Advantages of Partnerships
1-5
1 new ideas and
2 changing business goals
2 greater pool of resources / ideas
3 growth potential higher
4 focus on own expertise higher
5 shared risks/losses
