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Perspectives March 21, 2013

LinkedIn / Your Executive Talent Roadmap

Six Tips to Building a World-Class Team

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Jeff Markowitz just shared a great post over on Linkedin with some of his tips to building a world class team. Below is a brief excerpt…

Most entrepreneurs wouldn’t try to produce anything without first creating a detailed product roadmap. The same should hold true for building something that’s arguably their most mission-critical product — their own executive team.

As with a product roadmap, creating an executive talent roadmap is an important step if you want great results. Without a talent roadmap, you’re likely to make any number of missteps — hiring the wrong people, waiting too long to make key hires, setting the wrong expectations (or no expectations) for your current employees and other stakeholders — missteps you can easily avoid with thoughtful planning.

With a well-thought-out plan in hand, you’ll make your hiring decisions from a position of strength, and not as part of a reactive mad scramble. As with product planning, you should expect recruiting to be an iterative and ongoing process, with many opportunities to fall into the reactive trap. But thinking proactively about building your leadership team — rather than reactively making decisions to add to or subtract from your team — will pay significant dividends as you continue to grow your company.

Continue reading here…

“With a well-thought-out plan in hand, you’ll make your hiring decisions from a position of strength, and not as part of a reactive mad scramble.”