Human+Resources

=Human Resources and Entrepreneurial Teams= toc

Pros and Cons of Co-Founders
Wall Street Journal "The Accelerators" on Weighing the Pros and Cons of Co-Founders

Jeff Hawkins on the importance of human resources in startups
Human resources management gets dismissed by the so-called "hard" functional areas as a soft skill that either isn't important, can't be taught, or should be relegated to lower levels on the org chart. People who dismiss HR for these reasons don't understand how much more difficult it is to manage people, align organizational and personal goals, and reward desirable behaviors - maybe because there's no equation like CAP-M or WACC for the process. Management is the "hardest" and most valuable skill you can have.
 * **The importance of human resources management early in a start-up (1:34).**

When Hawkins says that "you should always imagine that everyone knows everything," he means that people talk and that everyone will find out how much someone is making in salary and stock options. As a result they will make social comparisons that will attack the logic of your HR decision making - make those decisions absolutely defensible! Description of video:

When starting a business one tends not to focus on employee issues. Hawkins stresses the importance of laying a strong foundation of human resources from the very beginning. He shares ideas that he feels make sound human resource policies. When you are thinking of compensation between people, he says, you should always imagine that everyone knows everything. || media type="custom" key="25271752" ||