SlideShare a Scribd company logo
1 of 7
Team/Leadership Selection in Startup
One of the top reasons behind start-up failures is the absence of the
right team.
About 23% of entrepreneurial ventures fade away because the
entrepreneur could not find the right team to work with him.Startup Team Selection VMT
Team/Leadership Selection in Startup
Map your organizational requirement and architecture with job roles
Invest your time in team building
Ensure that you pick the people with the right approach and attitude
Learn from failures and celebrate the successes together
Be the ideal leader
Startup Team Selection VMT
Map your organizational requirement and
architecture with job roles
Divide the entire recruitment activity into smart phases.
First dissect your organizational setup to understand what job roles need to be filled up in
the first phase.
These are the functionalities that are crucial and critical and must be filled up for survival
sake- for infusing your business with life.
Sustenance is in the second phase where you go further and expand the team.
Typically, there could be multiple departments in an organization.
What you need to see is if your business needs to have all departments in one go or can
you start slowing with first focusing on the basic ones to be filled up.
Startup Team Selection VMT
Invest your time in team building
Team building is not only about getting salaried and contractual people to work for you; it embodies
a lot more in terms of-
A) The kind of respect and regard you give to each person as individuals,
B) The kind of job responsibilities they have been entrusted with,
C) Ensuring that their core competencies have been rightly matched with their key responsibilities,
D) The employees are motivated to come to work each day and that they are enthusiastic to
contribute to their work in the most effective manner.
Focus on communication:
When communication channels are open, honest and transparent, it can instill and enhance the
confidence levels in individual employees.
Working for start-ups can be mentally and physically taxing.
Keeping communication balanced and open can help your team work with greater productivity and
focus.
Startup Team Selection VMT
Ensure that you pick the people with the
right approach and attitude
Two Ways-
a. Either recruit a performance-savvy HR manager or
b. Outsource the work to a reputed HR agency.
- Use Psychometric and personality tests.
- Organize casual Friday lunches or weekend get-together helping team members to
bond among themselves as well as with you.
- Team engagement also means that you help your team understand that you want them
to progress and grow in their career and life.
- Training and workshops: To provide the opportunity to learn new skills and upgrade
their existing know-how.
- Organizing offsite, corporate family day out and other such activities: To strengthen the
collaborative bonding of your team,
- Instill a positive and lively work culture.
Startup Team Selection VMT
Learn from failures and celebrate the
successes together
You fail as a team and you win as a team.
This is ideally how the work culture should be.
Yes, individual responsibilities and productivity are important because they finally affect
the overall business performance.
But, the best way to keep everyone together and committed to a greater cause is to
deliberate the failures together and take the learning from it as a team,
Similarly, when it is time to celebrate, let it be out in the open, together so that each team
member can feel the joy of good performance.
Yes, you can publicly appreciate and accolade the people who have done the best or
have performed extraordinarily but give everybody the chance to feel that they have had
a role to play in the success.
Startup Team Selection VMT
Be the ideal leader
Leadership can play a major role in team building.
It’s okay if you are not the ideal leader but you can try to be one for sure.
The better leader you are, the better will be the motivation levels of your team.
The higher the motivation levels, the more charged-up they would be to give
their best.
If you are ready to give your entrepreneurship a fair chance to grow and sustain,
your people will be equally inspired and enthusiastic.
The moment you despair, indulge in preferential treatment and get into
negativizes, the team that you built with so much care and detailing will shred
away into tatters in no time.
Startup Team Selection VMT

More Related Content

What's hot

How to build a winning team
How to build a winning teamHow to build a winning team
How to build a winning teamZeinul Haleem
 
How to be a Super Boss & connect with Employees - Manager Effectiveness
How to be a Super Boss & connect with Employees - Manager EffectivenessHow to be a Super Boss & connect with Employees - Manager Effectiveness
How to be a Super Boss & connect with Employees - Manager EffectivenessXoxoday
 
How to motivate your team
How to motivate your teamHow to motivate your team
How to motivate your teamacoope31
 
HOW TO CREATE AN AWARD WINNING ENVIRONMENT
HOW TO CREATE AN AWARD WINNING ENVIRONMENTHOW TO CREATE AN AWARD WINNING ENVIRONMENT
HOW TO CREATE AN AWARD WINNING ENVIRONMENTJosh King
 
5 Essential Tips for Effective Leadership
5 Essential Tips for Effective Leadership5 Essential Tips for Effective Leadership
5 Essential Tips for Effective LeadershipNick Bidic
 
Nick krest - how to effectively manage a team of creative professionals
Nick krest - how to effectively manage a team of creative professionalsNick krest - how to effectively manage a team of creative professionals
Nick krest - how to effectively manage a team of creative professionalsNickkrest
 
IQ Management - The Roundup Part.1
IQ Management - The Roundup Part.1IQ Management - The Roundup Part.1
IQ Management - The Roundup Part.1InterQuest Group
 
Transition into a new Management role
Transition into a new Management roleTransition into a new Management role
Transition into a new Management roleInterQuest Group
 
10 Ways to Boost Employee Morale
10 Ways to Boost Employee Morale10 Ways to Boost Employee Morale
10 Ways to Boost Employee MoraleJay Moneta
 
Motivate Your Employees
Motivate Your EmployeesMotivate Your Employees
Motivate Your EmployeesGururaj Nigale
 
The 17 Indisputable Laws Of Teamwork
The 17 Indisputable Laws Of TeamworkThe 17 Indisputable Laws Of Teamwork
The 17 Indisputable Laws Of TeamworkBarbara Rivera
 
Preventing Burnout in Call Center Agents Plus 9 Ways to Motivate Agents
Preventing Burnout in Call Center Agents Plus 9 Ways to Motivate AgentsPreventing Burnout in Call Center Agents Plus 9 Ways to Motivate Agents
Preventing Burnout in Call Center Agents Plus 9 Ways to Motivate AgentsMyra Golden
 
Inspiration the secret to effective management
Inspiration the secret to effective managementInspiration the secret to effective management
Inspiration the secret to effective managementFrank Rzeznikiewicz
 
How to Boost Employee Morale
How to Boost Employee MoraleHow to Boost Employee Morale
How to Boost Employee MoraleKabir Kassam
 
Motivation at Workplace
Motivation at WorkplaceMotivation at Workplace
Motivation at Workplacesagacious1982
 
CEO MAR16_Executive Coaches
CEO MAR16_Executive CoachesCEO MAR16_Executive Coaches
CEO MAR16_Executive CoachesStuart J Barnett
 
Top 5 ways to motivate employees
Top 5 ways to motivate employeesTop 5 ways to motivate employees
Top 5 ways to motivate employeesHenryRichards
 
Tips for Coaching Employees to Boost Performance
Tips for Coaching Employees to Boost PerformanceTips for Coaching Employees to Boost Performance
Tips for Coaching Employees to Boost PerformanceExecutive Coaching Orlando
 

What's hot (20)

How to build a winning team
How to build a winning teamHow to build a winning team
How to build a winning team
 
How to be a Super Boss & connect with Employees - Manager Effectiveness
How to be a Super Boss & connect with Employees - Manager EffectivenessHow to be a Super Boss & connect with Employees - Manager Effectiveness
How to be a Super Boss & connect with Employees - Manager Effectiveness
 
How to motivate your team
How to motivate your teamHow to motivate your team
How to motivate your team
 
HOW TO CREATE AN AWARD WINNING ENVIRONMENT
HOW TO CREATE AN AWARD WINNING ENVIRONMENTHOW TO CREATE AN AWARD WINNING ENVIRONMENT
HOW TO CREATE AN AWARD WINNING ENVIRONMENT
 
5 Essential Tips for Effective Leadership
5 Essential Tips for Effective Leadership5 Essential Tips for Effective Leadership
5 Essential Tips for Effective Leadership
 
Nick krest - how to effectively manage a team of creative professionals
Nick krest - how to effectively manage a team of creative professionalsNick krest - how to effectively manage a team of creative professionals
Nick krest - how to effectively manage a team of creative professionals
 
IQ Management - The Roundup Part.1
IQ Management - The Roundup Part.1IQ Management - The Roundup Part.1
IQ Management - The Roundup Part.1
 
Transition into a new Management role
Transition into a new Management roleTransition into a new Management role
Transition into a new Management role
 
Team motivation
Team motivationTeam motivation
Team motivation
 
10 Ways to Boost Employee Morale
10 Ways to Boost Employee Morale10 Ways to Boost Employee Morale
10 Ways to Boost Employee Morale
 
Motivate Your Employees
Motivate Your EmployeesMotivate Your Employees
Motivate Your Employees
 
The 17 Indisputable Laws Of Teamwork
The 17 Indisputable Laws Of TeamworkThe 17 Indisputable Laws Of Teamwork
The 17 Indisputable Laws Of Teamwork
 
Motivation by pandavs
Motivation by pandavsMotivation by pandavs
Motivation by pandavs
 
Preventing Burnout in Call Center Agents Plus 9 Ways to Motivate Agents
Preventing Burnout in Call Center Agents Plus 9 Ways to Motivate AgentsPreventing Burnout in Call Center Agents Plus 9 Ways to Motivate Agents
Preventing Burnout in Call Center Agents Plus 9 Ways to Motivate Agents
 
Inspiration the secret to effective management
Inspiration the secret to effective managementInspiration the secret to effective management
Inspiration the secret to effective management
 
How to Boost Employee Morale
How to Boost Employee MoraleHow to Boost Employee Morale
How to Boost Employee Morale
 
Motivation at Workplace
Motivation at WorkplaceMotivation at Workplace
Motivation at Workplace
 
CEO MAR16_Executive Coaches
CEO MAR16_Executive CoachesCEO MAR16_Executive Coaches
CEO MAR16_Executive Coaches
 
Top 5 ways to motivate employees
Top 5 ways to motivate employeesTop 5 ways to motivate employees
Top 5 ways to motivate employees
 
Tips for Coaching Employees to Boost Performance
Tips for Coaching Employees to Boost PerformanceTips for Coaching Employees to Boost Performance
Tips for Coaching Employees to Boost Performance
 

Similar to Unit 4 vmt team selection in start ups

Conclusion team work
Conclusion team workConclusion team work
Conclusion team workstarcandy0507
 
People empowerment secrets
People empowerment secretsPeople empowerment secrets
People empowerment secretsAFFOSouradji
 
People Empowerment Secrets.pdf
People Empowerment Secrets.pdfPeople Empowerment Secrets.pdf
People Empowerment Secrets.pdfNisa T
 
11 Tips & Tricks for effective teamwork at your workplace!
11 Tips & Tricks for effective teamwork at your workplace!11 Tips & Tricks for effective teamwork at your workplace!
11 Tips & Tricks for effective teamwork at your workplace!Prasanjit Das
 
How To Develop People
How To Develop PeopleHow To Develop People
How To Develop Peoplemnajust4u
 
Team Creating And Implementing Visions
Team  Creating And Implementing VisionsTeam  Creating And Implementing Visions
Team Creating And Implementing VisionsRANDY FERRESE
 
Four Ways for Selecting & Developing Capable, Confident Leaders.pdf
Four Ways for Selecting & Developing Capable, Confident Leaders.pdfFour Ways for Selecting & Developing Capable, Confident Leaders.pdf
Four Ways for Selecting & Developing Capable, Confident Leaders.pdfInsights For Performance
 
FailSafe Business Growth eBook
FailSafe Business Growth eBookFailSafe Business Growth eBook
FailSafe Business Growth eBookBahaa Moukadam
 
How you can build a successful team-
How you can build a successful team-How you can build a successful team-
How you can build a successful team-Debojite Bhowmick
 
Employee engagement
Employee engagement Employee engagement
Employee engagement Gautam Kumar
 
22 Why cant we do it ourselves
22 Why cant we do it ourselves22 Why cant we do it ourselves
22 Why cant we do it ourselvesGraylit
 
15Five's Guide To Creating High Performing Teams
15Five's Guide To Creating High Performing Teams15Five's Guide To Creating High Performing Teams
15Five's Guide To Creating High Performing TeamsDavid Hassell
 
Top Pillars | Leadership skills by Salameh Mahasneh
Top Pillars | Leadership skills by Salameh MahasnehTop Pillars | Leadership skills by Salameh Mahasneh
Top Pillars | Leadership skills by Salameh MahasnehTop Pillars
 
LEADERSHIP SKILLS.docx
LEADERSHIP SKILLS.docxLEADERSHIP SKILLS.docx
LEADERSHIP SKILLS.docxsmile790243
 
Teambuilding - The Event
Teambuilding - The EventTeambuilding - The Event
Teambuilding - The EventAsk Lisa ....
 
10 commandments for first time managers!!
10 commandments for first time managers!!10 commandments for first time managers!!
10 commandments for first time managers!!Subhakar Rao Surapaneni
 
Nick krest - skills for a successful management career
Nick krest - skills for a successful management careerNick krest - skills for a successful management career
Nick krest - skills for a successful management careerNickkrest
 

Similar to Unit 4 vmt team selection in start ups (20)

Conclusion team work
Conclusion team workConclusion team work
Conclusion team work
 
People empowerment secrets
People empowerment secretsPeople empowerment secrets
People empowerment secrets
 
People Empowerment Secrets.pdf
People Empowerment Secrets.pdfPeople Empowerment Secrets.pdf
People Empowerment Secrets.pdf
 
11 Tips & Tricks for effective teamwork at your workplace!
11 Tips & Tricks for effective teamwork at your workplace!11 Tips & Tricks for effective teamwork at your workplace!
11 Tips & Tricks for effective teamwork at your workplace!
 
How To Develop People
How To Develop PeopleHow To Develop People
How To Develop People
 
Managing Developing Recruiting Your Team - Why Bother?
Managing Developing Recruiting Your Team - Why Bother? Managing Developing Recruiting Your Team - Why Bother?
Managing Developing Recruiting Your Team - Why Bother?
 
Team Creating And Implementing Visions
Team  Creating And Implementing VisionsTeam  Creating And Implementing Visions
Team Creating And Implementing Visions
 
Four Ways for Selecting & Developing Capable, Confident Leaders.pdf
Four Ways for Selecting & Developing Capable, Confident Leaders.pdfFour Ways for Selecting & Developing Capable, Confident Leaders.pdf
Four Ways for Selecting & Developing Capable, Confident Leaders.pdf
 
Action Plan
Action PlanAction Plan
Action Plan
 
Motivation 1
Motivation 1Motivation 1
Motivation 1
 
FailSafe Business Growth eBook
FailSafe Business Growth eBookFailSafe Business Growth eBook
FailSafe Business Growth eBook
 
How you can build a successful team-
How you can build a successful team-How you can build a successful team-
How you can build a successful team-
 
Employee engagement
Employee engagement Employee engagement
Employee engagement
 
22 Why cant we do it ourselves
22 Why cant we do it ourselves22 Why cant we do it ourselves
22 Why cant we do it ourselves
 
15Five's Guide To Creating High Performing Teams
15Five's Guide To Creating High Performing Teams15Five's Guide To Creating High Performing Teams
15Five's Guide To Creating High Performing Teams
 
Top Pillars | Leadership skills by Salameh Mahasneh
Top Pillars | Leadership skills by Salameh MahasnehTop Pillars | Leadership skills by Salameh Mahasneh
Top Pillars | Leadership skills by Salameh Mahasneh
 
LEADERSHIP SKILLS.docx
LEADERSHIP SKILLS.docxLEADERSHIP SKILLS.docx
LEADERSHIP SKILLS.docx
 
Teambuilding - The Event
Teambuilding - The EventTeambuilding - The Event
Teambuilding - The Event
 
10 commandments for first time managers!!
10 commandments for first time managers!!10 commandments for first time managers!!
10 commandments for first time managers!!
 
Nick krest - skills for a successful management career
Nick krest - skills for a successful management careerNick krest - skills for a successful management career
Nick krest - skills for a successful management career
 

More from Vishal Tidake

Working Capital Management.pptx
Working Capital Management.pptxWorking Capital Management.pptx
Working Capital Management.pptxVishal Tidake
 
Cash Flow Statement.pptx
Cash Flow Statement.pptxCash Flow Statement.pptx
Cash Flow Statement.pptxVishal Tidake
 
2.9 Fund Flow Statement.pptx
2.9 Fund Flow Statement.pptx2.9 Fund Flow Statement.pptx
2.9 Fund Flow Statement.pptxVishal Tidake
 
Chapter 1- Environment of Business Finance.pptx
Chapter 1- Environment of Business Finance.pptxChapter 1- Environment of Business Finance.pptx
Chapter 1- Environment of Business Finance.pptxVishal Tidake
 
1.6 key strategies of financial management
1.6 key strategies of financial management1.6 key strategies of financial management
1.6 key strategies of financial managementVishal Tidake
 
1.5 a's of financial management
1.5 a's of financial management1.5 a's of financial management
1.5 a's of financial managementVishal Tidake
 
1.4 functions of financial management
1.4 functions of financial management1.4 functions of financial management
1.4 functions of financial managementVishal Tidake
 
1.3 approaches to finance
1.3 approaches to finance1.3 approaches to finance
1.3 approaches to financeVishal Tidake
 
1.2 introduction to financial management
1.2 introduction to financial management1.2 introduction to financial management
1.2 introduction to financial managementVishal Tidake
 
1.1 introduction to finance
1.1 introduction to finance1.1 introduction to finance
1.1 introduction to financeVishal Tidake
 
Accounting standards notes Dr. V M Tidake
Accounting standards notes Dr. V M TidakeAccounting standards notes Dr. V M Tidake
Accounting standards notes Dr. V M TidakeVishal Tidake
 
5.2.9 case 1 probability distribution
5.2.9 case 1 probability distribution5.2.9 case 1 probability distribution
5.2.9 case 1 probability distributionVishal Tidake
 
5.2.8 case 2 normal probability distribution
5.2.8 case 2 normal probability distribution5.2.8 case 2 normal probability distribution
5.2.8 case 2 normal probability distributionVishal Tidake
 
5.2.7 case 1 normal probability distribution
5.2.7 case 1 normal probability distribution5.2.7 case 1 normal probability distribution
5.2.7 case 1 normal probability distributionVishal Tidake
 
5.2.6 case 1 poisson probability distribution
5.2.6 case 1 poisson probability distribution5.2.6 case 1 poisson probability distribution
5.2.6 case 1 poisson probability distributionVishal Tidake
 
5.2.5 case 2 binomial probability distribution
5.2.5 case 2 binomial probability distribution5.2.5 case 2 binomial probability distribution
5.2.5 case 2 binomial probability distributionVishal Tidake
 
5.2.4 case 1 binomial probability distribution
5.2.4 case 1 binomial probability distribution5.2.4 case 1 binomial probability distribution
5.2.4 case 1 binomial probability distributionVishal Tidake
 
5.10 case 7 probability
5.10 case 7 probability5.10 case 7 probability
5.10 case 7 probabilityVishal Tidake
 
5.9 case 6 probability
5.9 case 6 probability5.9 case 6 probability
5.9 case 6 probabilityVishal Tidake
 

More from Vishal Tidake (20)

Working Capital Management.pptx
Working Capital Management.pptxWorking Capital Management.pptx
Working Capital Management.pptx
 
Cash Flow Statement.pptx
Cash Flow Statement.pptxCash Flow Statement.pptx
Cash Flow Statement.pptx
 
2.9 Fund Flow Statement.pptx
2.9 Fund Flow Statement.pptx2.9 Fund Flow Statement.pptx
2.9 Fund Flow Statement.pptx
 
Ratio Analysis.pptx
Ratio Analysis.pptxRatio Analysis.pptx
Ratio Analysis.pptx
 
Chapter 1- Environment of Business Finance.pptx
Chapter 1- Environment of Business Finance.pptxChapter 1- Environment of Business Finance.pptx
Chapter 1- Environment of Business Finance.pptx
 
1.6 key strategies of financial management
1.6 key strategies of financial management1.6 key strategies of financial management
1.6 key strategies of financial management
 
1.5 a's of financial management
1.5 a's of financial management1.5 a's of financial management
1.5 a's of financial management
 
1.4 functions of financial management
1.4 functions of financial management1.4 functions of financial management
1.4 functions of financial management
 
1.3 approaches to finance
1.3 approaches to finance1.3 approaches to finance
1.3 approaches to finance
 
1.2 introduction to financial management
1.2 introduction to financial management1.2 introduction to financial management
1.2 introduction to financial management
 
1.1 introduction to finance
1.1 introduction to finance1.1 introduction to finance
1.1 introduction to finance
 
Accounting standards notes Dr. V M Tidake
Accounting standards notes Dr. V M TidakeAccounting standards notes Dr. V M Tidake
Accounting standards notes Dr. V M Tidake
 
5.2.9 case 1 probability distribution
5.2.9 case 1 probability distribution5.2.9 case 1 probability distribution
5.2.9 case 1 probability distribution
 
5.2.8 case 2 normal probability distribution
5.2.8 case 2 normal probability distribution5.2.8 case 2 normal probability distribution
5.2.8 case 2 normal probability distribution
 
5.2.7 case 1 normal probability distribution
5.2.7 case 1 normal probability distribution5.2.7 case 1 normal probability distribution
5.2.7 case 1 normal probability distribution
 
5.2.6 case 1 poisson probability distribution
5.2.6 case 1 poisson probability distribution5.2.6 case 1 poisson probability distribution
5.2.6 case 1 poisson probability distribution
 
5.2.5 case 2 binomial probability distribution
5.2.5 case 2 binomial probability distribution5.2.5 case 2 binomial probability distribution
5.2.5 case 2 binomial probability distribution
 
5.2.4 case 1 binomial probability distribution
5.2.4 case 1 binomial probability distribution5.2.4 case 1 binomial probability distribution
5.2.4 case 1 binomial probability distribution
 
5.10 case 7 probability
5.10 case 7 probability5.10 case 7 probability
5.10 case 7 probability
 
5.9 case 6 probability
5.9 case 6 probability5.9 case 6 probability
5.9 case 6 probability
 

Recently uploaded

Measuring True Process Yield using Robust Yield Metrics
Measuring True Process Yield using Robust Yield MetricsMeasuring True Process Yield using Robust Yield Metrics
Measuring True Process Yield using Robust Yield MetricsCIToolkit
 
Board Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch PresentationBoard Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch Presentationcraig524401
 
Reflecting, turning experience into insight
Reflecting, turning experience into insightReflecting, turning experience into insight
Reflecting, turning experience into insightWayne Abrahams
 
Introduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-EngineeringIntroduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-Engineeringthomas851723
 
Beyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why Diagram
Beyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why DiagramBeyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why Diagram
Beyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why DiagramCIToolkit
 
Farmer Representative Organization in Lucknow | Rashtriya Kisan Manch
Farmer Representative Organization in Lucknow | Rashtriya Kisan ManchFarmer Representative Organization in Lucknow | Rashtriya Kisan Manch
Farmer Representative Organization in Lucknow | Rashtriya Kisan ManchRashtriya Kisan Manch
 
Fifteenth Finance Commission Presentation
Fifteenth Finance Commission PresentationFifteenth Finance Commission Presentation
Fifteenth Finance Commission Presentationmintusiprd
 
Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)
Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)
Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)jennyeacort
 
From Goals to Actions: Uncovering the Key Components of Improvement Roadmaps
From Goals to Actions: Uncovering the Key Components of Improvement RoadmapsFrom Goals to Actions: Uncovering the Key Components of Improvement Roadmaps
From Goals to Actions: Uncovering the Key Components of Improvement RoadmapsCIToolkit
 
Management and managerial skills training manual.pdf
Management and managerial skills training manual.pdfManagement and managerial skills training manual.pdf
Management and managerial skills training manual.pdffillmonipdc
 
Motivational theories an leadership skills
Motivational theories an leadership skillsMotivational theories an leadership skills
Motivational theories an leadership skillskristinalimarenko7
 
Unlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency MatrixUnlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency MatrixCIToolkit
 
原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证
原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证
原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证jdkhjh
 
LPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business SectorLPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business Sectorthomas851723
 
Simplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes ThinkingSimplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes ThinkingCIToolkit
 
How-How Diagram: A Practical Approach to Problem Resolution
How-How Diagram: A Practical Approach to Problem ResolutionHow-How Diagram: A Practical Approach to Problem Resolution
How-How Diagram: A Practical Approach to Problem ResolutionCIToolkit
 
LPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations ReviewLPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations Reviewthomas851723
 

Recently uploaded (18)

Measuring True Process Yield using Robust Yield Metrics
Measuring True Process Yield using Robust Yield MetricsMeasuring True Process Yield using Robust Yield Metrics
Measuring True Process Yield using Robust Yield Metrics
 
Board Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch PresentationBoard Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch Presentation
 
Reflecting, turning experience into insight
Reflecting, turning experience into insightReflecting, turning experience into insight
Reflecting, turning experience into insight
 
Introduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-EngineeringIntroduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-Engineering
 
Beyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why Diagram
Beyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why DiagramBeyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why Diagram
Beyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why Diagram
 
Farmer Representative Organization in Lucknow | Rashtriya Kisan Manch
Farmer Representative Organization in Lucknow | Rashtriya Kisan ManchFarmer Representative Organization in Lucknow | Rashtriya Kisan Manch
Farmer Representative Organization in Lucknow | Rashtriya Kisan Manch
 
Fifteenth Finance Commission Presentation
Fifteenth Finance Commission PresentationFifteenth Finance Commission Presentation
Fifteenth Finance Commission Presentation
 
Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)
Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)
Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)
 
From Goals to Actions: Uncovering the Key Components of Improvement Roadmaps
From Goals to Actions: Uncovering the Key Components of Improvement RoadmapsFrom Goals to Actions: Uncovering the Key Components of Improvement Roadmaps
From Goals to Actions: Uncovering the Key Components of Improvement Roadmaps
 
Management and managerial skills training manual.pdf
Management and managerial skills training manual.pdfManagement and managerial skills training manual.pdf
Management and managerial skills training manual.pdf
 
Motivational theories an leadership skills
Motivational theories an leadership skillsMotivational theories an leadership skills
Motivational theories an leadership skills
 
Unlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency MatrixUnlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency Matrix
 
原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证
原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证
原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证
 
LPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business SectorLPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business Sector
 
Simplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes ThinkingSimplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes Thinking
 
How-How Diagram: A Practical Approach to Problem Resolution
How-How Diagram: A Practical Approach to Problem ResolutionHow-How Diagram: A Practical Approach to Problem Resolution
How-How Diagram: A Practical Approach to Problem Resolution
 
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Servicesauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
 
LPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations ReviewLPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations Review
 

Unit 4 vmt team selection in start ups

  • 1. Team/Leadership Selection in Startup One of the top reasons behind start-up failures is the absence of the right team. About 23% of entrepreneurial ventures fade away because the entrepreneur could not find the right team to work with him.Startup Team Selection VMT
  • 2. Team/Leadership Selection in Startup Map your organizational requirement and architecture with job roles Invest your time in team building Ensure that you pick the people with the right approach and attitude Learn from failures and celebrate the successes together Be the ideal leader Startup Team Selection VMT
  • 3. Map your organizational requirement and architecture with job roles Divide the entire recruitment activity into smart phases. First dissect your organizational setup to understand what job roles need to be filled up in the first phase. These are the functionalities that are crucial and critical and must be filled up for survival sake- for infusing your business with life. Sustenance is in the second phase where you go further and expand the team. Typically, there could be multiple departments in an organization. What you need to see is if your business needs to have all departments in one go or can you start slowing with first focusing on the basic ones to be filled up. Startup Team Selection VMT
  • 4. Invest your time in team building Team building is not only about getting salaried and contractual people to work for you; it embodies a lot more in terms of- A) The kind of respect and regard you give to each person as individuals, B) The kind of job responsibilities they have been entrusted with, C) Ensuring that their core competencies have been rightly matched with their key responsibilities, D) The employees are motivated to come to work each day and that they are enthusiastic to contribute to their work in the most effective manner. Focus on communication: When communication channels are open, honest and transparent, it can instill and enhance the confidence levels in individual employees. Working for start-ups can be mentally and physically taxing. Keeping communication balanced and open can help your team work with greater productivity and focus. Startup Team Selection VMT
  • 5. Ensure that you pick the people with the right approach and attitude Two Ways- a. Either recruit a performance-savvy HR manager or b. Outsource the work to a reputed HR agency. - Use Psychometric and personality tests. - Organize casual Friday lunches or weekend get-together helping team members to bond among themselves as well as with you. - Team engagement also means that you help your team understand that you want them to progress and grow in their career and life. - Training and workshops: To provide the opportunity to learn new skills and upgrade their existing know-how. - Organizing offsite, corporate family day out and other such activities: To strengthen the collaborative bonding of your team, - Instill a positive and lively work culture. Startup Team Selection VMT
  • 6. Learn from failures and celebrate the successes together You fail as a team and you win as a team. This is ideally how the work culture should be. Yes, individual responsibilities and productivity are important because they finally affect the overall business performance. But, the best way to keep everyone together and committed to a greater cause is to deliberate the failures together and take the learning from it as a team, Similarly, when it is time to celebrate, let it be out in the open, together so that each team member can feel the joy of good performance. Yes, you can publicly appreciate and accolade the people who have done the best or have performed extraordinarily but give everybody the chance to feel that they have had a role to play in the success. Startup Team Selection VMT
  • 7. Be the ideal leader Leadership can play a major role in team building. It’s okay if you are not the ideal leader but you can try to be one for sure. The better leader you are, the better will be the motivation levels of your team. The higher the motivation levels, the more charged-up they would be to give their best. If you are ready to give your entrepreneurship a fair chance to grow and sustain, your people will be equally inspired and enthusiastic. The moment you despair, indulge in preferential treatment and get into negativizes, the team that you built with so much care and detailing will shred away into tatters in no time. Startup Team Selection VMT