Search Helium

Home > Business > Entrepreneurship

Startup businesses: How to pinpont problems when building an executive team

by Kelly Sigler

Created on: August 05, 2008   Last Updated: June 13, 2009

OVERCOMING THE BARRIERS OF BUILDING AN EXECUTIVE TEAM

"Some are born great, some achieve greatness, and some hire PR officers." - Daniel J. Boorstin

Ah, humility! Perhaps the first step in building an effective executive team, especially in a new startup business, is to admit that you cannot handle every detail yourself. Most things, yes, but not all of them. Somewhere along the way, you will need to find people to order around. What you truly need for your startup company to succeed is a group of intelligent executives to help out with the management of daily tasks. But how to connect with these paragons of corporate virtue? There are some definite barriers to overcome when attempting to find a team of people who can work well independently and still come together for the good of the enterprise, but once you are able to overcome these obstructions, your corporation will be unstoppable!

TRUST
"The only way to make a man trustworthy is to trust him." - Henry L. Stimson

When it comes to hiring people who will be managing your new business, trust is of utmost importance. However, trust is not something that just comes easily between groups of people. It must be earned both ways, and it's important to remember this when working with new executives. One of the best ways to foster trust in your employees is to give them as much information about your company as you are able. Letting them know some of the problems and obstacles that they will be facing can also build a sense of responsibility toward your new enterprise, and will increase their productivity. If someone is aware that you trust them, they will be less likely to abuse that trust, and will work harder to earn yours. For example, you can let them know that sales aren't doing well this quarter, or that you see some difficulties in the future with a new program. It probably isn't necessary to mention that the toilets are malfunctioning. Let them think it's their fault.

RESPECT
"Probably no greater honor can come to any man than the respect of his colleagues." - Cary Grant

As with trust, respect must be earned especially in the business world. When working to build a solid and effective executive team, respect must lead the way. While it's great to be "liked" by your employees, respect from them and for them is much more important. You can begin by making a conscious effort to take responsibility for your own actions, and giving credit where it is due. The ability to admit to your mistakes and to reward others for

Helium Debate

Cast your vote!

Is MySpace an effective tool for nonprofits?

Click for your side.

86996

Featured Partner

Capitol News Connections (CNC)

Capitol News Connection (CNC) is an independent and innovative multimedia news service that brings politics home' with localized and custom-crafted reporting from Congress for more than 200 public radio stations nationwide. CNC report...more


CONNECT WITH US

Read
our blog
Helum for writers

Write and get published
Share with other writers
Polish your freelancing skills

Join our active writing community
Helium Content Source for Publishers

Quality articles from proven freelancers
Exclusive rights, fast turnaround
Brand engagement, business blogging -- our writers do it all

Get custom content today!

INFORMATION


Helium, Inc.
200 Brickstone Square Andover, MA 01810 USA
#