There's no I in Team: a simple management lesson from the Oscars

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This post wasn’t inspired by the Academy Awards, but it all just rang too true when I watched the awards show last night.
Entrepreneurs and business owners alike often bite off a bit more than they can chew. You may even do the same in your position. Maybe it’s a lack of resources, maybe it’s personality type—either way I think it’s imperative to realize the best business teams are strategically formed. One person may be able to do everything, but one person can’t do everything best.

If I may jump on the Oscar bandwagon once again, can anyone truly believe that The King’s Speech would have won in so many categories without the right people in the right places? Task allocation is key in any successful venture.

One of the best ways to tackle the project of strengthening your team is to make a list of the people in your organization, their strengths, and the tasks they are responsible for. Are strengths lined up with tasks? Another key indicator is to identify tasks that individuals don’t like doing. Often times a simple switch can put this job into someone’s hands that maybe enjoy it more and usually they will be better suited to it!

When it’s time to bring somebody new on board, try to find someone who may fill more than one weakness on your team. First find a good fit for the organization, but equally important is filling gaps you’ve identified.

To stay on top of keeping your team in tip-top shape, repeat this exercise at least once year and always try to surround yourself with people smarter than yourself.

To Your Success!

Jamie,
@wolfetoday