chapter 5 - Entrepreneurship 5 Assembling the Team...

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5 Entrepreneurship Assembling the Team: Acquiring and Utilizing Essential Human Capital
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5-2 Teamwork is the ability to work together toward a common vision. The ability to direct individual accomplishments toward organizational objectives. It is the fuel that allows common people to attain uncommon results. -Andrew Carnegie
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5-3 Forming Founding Team Choose cofounders wisely Secure help from outsiders Develop strong working relationships Protect new venture’s most precious human resource by managing stress
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5-4 Human Resources Human Capital Knowledge Skills Talents Abilities Social capital Reputation Social networks Relationship with others (trust, obligations etc) Both types (of co-founders and early employees) are key to success
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5-5 Success of Founding Team Prior experience in industry or market Prior experience as entrepreneur Broad social networks Broad range of knowledge and special skills Communication Social competence Personal characteristics Big Five Personalities
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Personal Characteristics of Founding
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This note was uploaded on 05/08/2010 for the course MGT 450 taught by Professor Zheng during the Spring '10 term at San Diego State.

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chapter 5 - Entrepreneurship 5 Assembling the Team...

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