Dave Packard, co-founder of Hewlitt-Packard (they tossed a coin to see whose name would come first. Packard won the toss and put Hewlitt’s name first – a good hint for how to have a successful partnership btw) devised a law that we should all pay attention to:
“No company can consistently grow revenues faster than its ability to get enough of the right people to implement that growth”
All of us in growth should be thinking every day:
- What roles does this organization need?
- How do I find outstanding people to fill those roles?
- What’s my back up plan in case one of my rock stars should leave?
A great person outperforms an ordinary person by a margin or at least three to one. Best team wins.