When you’re a start-up, speed and teamwork is everything – that’s the premise for Linda Stone’s article inspired by a recent Forbes piece.
The parallels to the Tour de France are clear for Linda, a US-based Borderless consultant and cycling enthusiast.
As an international executive recruiter and an avid cyclist, this insightful piece on the analogy between the teamwork and competition of the Tour de France and building successful start-ups by Rob Reed in Forbes, resonates!
“The Tour de France is won by minutes and even seconds, yet it takes place across 21 stages and some 70 hours of racing. So many things can go wrong that are outside the team’s control. Which means that individual efforts from every team member have to be exceptional.”
Among our sweet spots at Borderless is the work we do to help our pre-commercial clients create their teams. I read the article prior to studying up for a call with an exciting start-up. As I prepped and then listened to the team on the call, the following began coursing in my mind like an earworm: the demands of moving innovative technologies and therapies to patients with unmet medical needs requires the daily relentless drive and an every-second-counts mentality of a Tour de France rider. Exceptional effort, among each individual comprising exceptional teams.
And yes, so much can go wrong that is outside the team’s control in a start-up’s early history. This requires certain shared leadership attributes, key among them, I believe, is adaptability; an ability to remain focused on what can be controlled and having an open, curious and innovative mind for what cannot, while enduring and successfully navigating varying amounts of ambiguity, fluid dynamics and pressure.
Then there’s the composition of the team. We work closely with clients to determine which combination of exceptional individuals will make for the best team. Each start-up client sets its unique strategy and targets, (there are multiple ways of winning) and entrusts us to understand and translate it to identify, and tap into the talents of a diverse group (simplifying, if the team is going for the green jersey – best sprinter), it doesn’t make sense to have a team comprised mainly of exceptional climbers.
Once the team composition is set, the magic is unleashed. Each ride is a (sometimes epic) journey with those who share the same passion – and each pedal stroke of relentless drive and exceptional effort toward a shared vision brings the joy and rewards of podium wins.
By: Borderless – Linda Stone
Source: borderless.net
Large-scale change efforts achieve 24% more of their planned value when a dedicated CTO oversees them, Bain data shows. There are five critical roles a CTO must play, often simultaneously: strategic architect, integrator, operator, coach, and controller. Many CTOs are in the position for the first time and often don’t have a predecessor to lean on, making external coaching or peer mentoring highly valuable.
The research by Hays, which surveyed 8,853 professionals and employers, found that most were yet to use the technology, with less than one in five workers (15 per cent) using AI in their current role, and just over a fifth (21 per cent) of organisations. The study also found that currently only 27 per cent of organisations are upskilling staff to prepare for the use of AI.
We often view creativity as something we have to let ourselves express naturally rather than something that can be forced. But one study found that receiving an instruction to be creative can, perhaps counter to this assumption, actually boost our creativity.