Work Book: Team Building, Company Leadership and Strategic Alliances

Abstract

This chapter provides an overview of some of the elements associated with team building and leadership with entrepreneurial companies. The importance of assembling a well-balanced management team with a complimentary range of skills is highlighted. This management team should be supported by a competent management board made up of individuals who compliment the executive management team and assist in providing strategic guidance. In establishing a board of governance, care should be taken to get a good cross-section of members who can work together, and to avoid individuals who might wish to pursue narrow interests, interfere too much with the operational management, or see board membership as a ‘second job’.