Well, this came out of a comment on our fund announcement post. Someone asked, what do we mean by a great team. While it is almost impossible to provide a precise definition of the same, I would like to offer some things that we look for. Every team might not have all of them, but these matter (in no particular order):
- Hunger and passion, sense of purpose driving the specific business
- Relevant experience and execution capability
- Alignment of objectives – focus on scale, profitability and value creation/realization
- Team dynamics and ability to work together
- Leadership qualities such as driving change, hiring and developing top talent
- Value system match – Integrity, Intelligence and Intellectual honesty
I could elaborate on each of these, and that would make up a book. I do realize that I might have walked into a minefield with this, but feel free 🙂
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Alok,
How much weight would you assign to the composition of the team?
Thanks
Guneet Sahai
Freelance Software Arch
http://www.guneetsahai.com
Thanx for reply.
I respect your points as well as vision for great team.
VIrat
Kartik, I am sure something that can create such great teams is very interesting. I am not sure if it can make tons of money in a short term! Depends on the business model. And that is typically the kind of question one must ask regarding “alignment of objectives”.
Do send some of the teams you create our way. Is this part of NSN?
Hi Alok,
Thats great definition on Great Team
If I have an idea for a start-up which produces / creates such great team, does it make an interesting model ?
Thats wow
Yes, we know do that.
kartik.sodha@nsn.com
Very well said Alok, well put up.