BU121 Chapter Notes - Chapter 1-13: Cash Flow, Market Risk, Financial Transaction
Document Summary
Research findings indicate that these and related factors play an important role in the launch of a successful new venture. The belief is that complementary founders would be a better strategy because it provides new ventures with a strong and diverse base of human resources. Managers often hire employees who can relate to them and are similar in the way they carry themselves. As well they often have studied in the same fields. Rule #1: don"t yield to the temptation to work solely with people whose background, training and experience are highly similar to yourown. Personal attributes: big five dimensions of personality: conscientiousness, extraversion- introversion, agreeableness, emotional stability, openness to experience. This task requires such preliminary steps as a clear division of roles and obligations, plus careful attention to basic principles of fairness and effective communication. Social perception: the process through which we come to knowand understand other persons.
