Tuesday, May 17, 2022

Week 3 - Ascend Your Startup Minimum Viable Team

    Last week I discussed, the minimum viable product (MVP) which is the most basic form your product needs to take in order to go to product. A minimum viable team (MVT) functions in a similar way. It is the leanest form of a team that is required for the business to operate. The minimum viable team must meet basic criteria in order to work. All members must have a common purpose, clear roles, at least 3 members, balanced personalities, and measurable objectives (van der Geest, 2017).




    The minimal viable team must also have adequate leadership. For it to be successful and scale, the MVT must have four leadership styles. The thought leader envisions something that does not yet exist. They form the path that the company must take in order to succeed. The challenger is a leader who challenges whether a new idea has value. They make sure there are no unnecessary risks and expenses. The collaborator is a leader who makes sure each different member works as a unified team. Finally, the operator carries out the execution of tasks with predictable and sustainable results. Each leadership style balances each other out and ensures success (Yu, 2021).








References
van der Geest, Edwin. (2017). Minimal viable team, self managed. Prototyping Work. https://medium.com/crafting-empowerment/minimal-viable-team-self-managed-2416a882506d


Yu, Helen. (2021). Ascend your start-up. Made for Success Publishing.

No comments:

Post a Comment

Week 8 - Online MBA