a) How important is it to have a great Management Team for a new business to thrive? Explain.
b) Why sometimes the power of the founder of a business can be a real problem for the business. Describe.
c) Describe why the term " executive groupthink" could be a problem when managing a new business? (Look up what groupthink means).
d) Describe why the confrontation of different ideas is important when making a difficult business decision? Why advisory boards are so important?