The value of a high-performing team has long been recognized. It’s why savvy investors in start-ups often value the quality of the team and the interaction of the founding members more than the idea itself. It’s why 90 percent of investors think the quality of the management team is the single most important nonfinancial factor when evaluating an IPO. And …
Read More »Michael Porter on Creating Competitive Advantage for Yourself | HBR Ascend
Can any of your work on sustainable competitive advantage for nations and companies be usefully applied to individuals’ career? MP: When you’re building a career, you’re building a skill base, a knowledge base, and your human capital. You want to expose yourself to the best ideas and to the best training and to the best experiences you can have. At …
Read More »New Managers Should Focus on Helping Their Teams, Not Pleasing Their Bosses
When I first became a manager — an unexpected promotion soon after taking a new job — I found myself feeling awkward about the fact that I had been elevated above my peers. Still, my team was in the middle of a complex first-time project, so I wanted to impress my boss with my handling of it. My immediate instinct was to …
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