The School of Greatness 196 Build a Powerful Business and Team with Suzy Welch
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Jul 1, 2015 
Suzy Welch, expert in team-building and business development, discusses the importance of team-building and hiring the right players. They explore the difference between a college MBA and a real-life MBA, highlighting the significance of leadership development skills. They also share their experiences with hiring and firing, emphasizing the constant evolution and disruption in the business world.
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Real Life MBA vs. Classroom
- The Real Life MBA focuses on practical, everyday business challenges unlike the theoretical MBA.
- It covers real-world tasks like hiring, firing, decision-making, and team building instead of concepts like regression analysis.
True Team Building Happens Practically
- Team building cannot truly be learned in classrooms but in managing real, conflicting people.
- Success comes from getting different smart people who dislike each other to work harmoniously together.
Tough Hiring Lessons
- Suzy shared a personal story about hiring a respected writer who couldn't keep up with work demands and was let go quickly.
- She also recalled firing a talented but difficult writer who alienated the team, leading to loss of good people.