Notes from TiE-ISBConnect - Amit Kishore Prasad, SatNav Technologies
Amit Kishore Prasad is the founder CEO and MD of SatNav Technologies based in Hyderabad. Amit spoke about Execution - Building a team.
- Ensure you have bosses that the employees look up to and trust.
- People need to repose confidence and faith in the entrepreneur.
- Choose employees that have the willingness to learn and are willing to play multiple roles.
- Employees who have qualifications/experience and also bring an attitude with it will create a problem.
- In an organization it is good to have written communication. It should be clearly outlined what is the carrot and stick when doing tasks.
- When someone comes with a problem ask them for a solution.
- Give feedback immediately but not publicly.
- Weekly action plans work well
- Retaining people
- Involve them in the decision making process and keep them in the loop.
- Defend your team in front of others
- When going for VC funding be ready to answer tough questions regarding your team such as are they qualified enough, can the deliver, etc.
- Do not hesitate to fire non-performers.
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