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STARTup Lounge: "The Importance of an Interdisciplinary Team - Challenges of Team Development in Start Ups"

STARTup Lounge: "The Importance of an Interdisciplinary Team - Challenges of Team Development in Start Ups"

This video was recorded at 4th European Semantic Technology Conference (ESTC), Vienna 2010. The issue is of existential importance for every innovative STARTup: Without the right team of people, the best business idea will not work. Excellent, entrepreneurial thinking team workers are essential. Moreover, a start up team needs not only great people, but also the right combination of strengths and qualification. Start ups can attract co-entrepreneurs and employees with a high extent of individual responsibility, freedom of scope as well as opportunities for personal and career development. On the other hand, start ups also have considerable disadvantages in the 'war for talent': New businesses can usually not yet offer a prestigious brand, well-balanced work times, high work place security and salaries. Entrepreneurs therefore have to face the urgent questions: What is the foundation of a top-performing start up team? According to what criteria should a start up team be assembled? How can especially talented graduates and young professionals be recruited for a start up business? What are the essentials of team development and human resource management in a start up business?

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