Posts Tagged ‘lebron james’

Have You Hired a Supporting Cast for Your Company’s Lebron James?

August 22nd, 2014

lebron jamesWhen gearing up to hire for a new startup, you’ll want to consider the timing of how you recruit for top leadership. In many cases, it’s better to make sure that you focus your efforts on developing a great team to be the supporting cast for your star player.

Doing so helps you on multiple fronts. For one, having a great team in place will make potential executives more inclined to consider working with you. Establishing a great support team also helps ensure that the organization will continue to not only thrive but also innovate and expand even after the loss of a key player.

In fact, developing a “team behind the founding team” is of paramount importance, noted a recent article at Entrepreneur. A PR scandal or the injury or death of a founder will rock your organization to the core, but having a good support team will help prevent the whole enterprise from going down in flames.

What’s more, you never know where your company’s next great idea is going to come from. Instead of counting on just the CEO to drive innovation, you can build a creative culture that encourages contributions from every level in the hierarchy at your firm.

Consider the world of sports, where high-pressure deals and immense competitive pressure drive the search for talent just as much as it occurs in the corporate world. A recent post by Neil Paine at FiveThirtyEight notes just how beneficial it has been for the Cleveland Cavaliers now that LeBron James has announced his return to the team after four years of playing with the Miami Heat.

James specializes in helping any team he plays with to score big, having won more than 60 games per season three times already in a career of 12 seasons to date. Statistics reveal that his new team at Cleveland is so talented, they will be his best support team yet, which could bring the team to even greater heights.

Just as it’s ludicrous to think one person can win a pro basketball game, it would be folly to imagine a business will do well on the backs of an enormously talented CEO without the best available support team. This is what you should keep in mind when hiring for your startup.

It’s understandable that companies would focus on their star founders, mythologizing and romanticizing them for PR reasons and to help attract new customers and new talent. But a company shouldn’t leave itself so dependent on one person, no matter how much star power he or she brings to the table. This is the case for the boardroom just as much as it is on the basketball court in the NBA. A support team composed of people with a broad range of expertise will help you weather the inevitable storms that come as your company begins to grow and expand.