On a biting cold night in 1957, Momofuku Ando was walking home from the salt-making factory in Osaka, Japan. He saw clouds of steam in the street around which a crowd of people were huddled. They were waiting, a long time as it turned out, for noodles to be cooked in vats of boiling water.
There’s an old saying that “adversity builds character.” It’s more accurate, I think, to say that adversity reveals character. We’re living in a time of adversity and much is being revealed about people’s characters.
It’s no revelation that teamwork is critical to the success of any organization. But what exactly is teamwork? Is it when people share a common goal? An underlying purpose? Is it when they work together to complete a task? Or contribute, together or
You want to build a strong team. You want a diverse team. Great, but what does that mean?
If you’re like most people, the first categories that come to mind are gender and race (as fuzzy as those terms might be).
My best friend and I played on the same football team in college. He was a defensive back. He was fast and strong yet never fulfilled what many believed was his potential.
Let’s say you need to form a team. Maybe it’s a project team to implement a strategy. Maybe it’s a cross-functional team to deal with an issue that cuts across the org chart. Maybe it’s an integration team to help with a recent acquisition. In any case, you need to put together a team to get it done. Picking the right people is critical – it could very well make the difference between success and failure.
What kind of people are you likely to find working at a big investment firm? People with degrees in economics, finance and business administration, right?