According to Greg Brenneman, Executive Chairman of CCMP Capital, even good companies may have only 75% of the right people. Identifying talent on the bubble can be tricky, but one way to assess it is to ask: who would you rehire if all positions were open?
One can gauge the strength of the team by assessing their “forward radar” – their ability to evolve and help the company drive growth.
David Politis, CEO of BetterCloud, looks for signs that someone isn’t ready for the next growth stage, such as not seeing problems in their part of the business or not wanting to bring in a team that could replace them.
The team you need three years from now may be different than the team you have today. Remember: the top three keys to success are the team you build, the team you build, and the team you build.