Entrepreneurship CEO employing industry experience or job competency

entrepreneurial scale to a certain extent, will always encounter this problem, in the end from the internal training managers, or from the outside employment. Good internal training is consistency of culture, familiarity and team working, but the downside is likely to lack of management experience, what things have to learn from mistakes, so mature over time and cost greatly. In contrast, foreign senior managers can bring industry contacts, meet the urgency of time, and solve the problem of insufficient internal talent. But the disadvantage is that for people with the company operating mode of the formation of antecedents and consequences may also be familiar enough, culture shock.

 

in the weekly "entrepreneurial CEO" series, we discuss how entrepreneurs teach themselves to become great CEO, because the history of the greatest start-up companies are often led by such people.

I know three consecutive references to Matt Blumberg’s article is not creative, but I have to say that Matt has really firepower, this Debunking the Myth last week of Hiring for Domain Expertise vs. Functional Expertise and let me think for a whole week, so today is also decided to take out with you to discuss. As a matter of fact, I encourage you to read the article first.

hired vs. promoted

Startups scale to a certain extent, will always encounter this problem, in the end from the internal training managers, or from the outside employment. Good internal training is consistency of culture, familiarity and team working, but the downside is likely to lack of management experience, what things have to learn from mistakes, so mature over time and cost greatly. In contrast, foreign senior managers can bring industry contacts, meet the urgency of time, and solve the problem of insufficient internal talent. But the disadvantage is that for people with the company operating mode of the formation of antecedents and consequences may also be familiar enough, culture shock.

industry experience vs. position ability

therefore, when companies have such needs, and really can find cultural consistency of talent, the premise plus CEO can take great efforts to help him into the situation, a Startup will choose to add foreign senior managers. At this time there is a saying that you will get the Expertise experience (Domain Expertise), otherwise it is the ability to work (Functional), but it is difficult to take into account both.

what do you mean?

industry experience is related to the operating experience of the relevant industry, the ability to refer to the position you are looking for a job with a wealth of management and operational experience. In theory this

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