As president of STS Ventures, Scott Sohr leads the Nashville-headquartered company that creates dynamic, growth-focused startups. Over the years, Scott Sohr has contributed to the successful launch of 13 enterprises that represent in excess of $2.4 billion in collective revenue and span industries such as health care, fintech, and construction.
One aspect of building a dynamic, results-driven enterprise that Mr. Sohr emphasizes centers on the importance of nurturing creative input and focused teamwork. As he puts it, organizational leadership must remove barriers to success to the fullest extent possible.
Common reasons for lack of motivation among team members include being thrust into positions for which they are not qualified or ideally suited. Building a team requires a careful assessment of individuals’ skills, temperaments, and the types of workflow that can be comfortably handled by them without them feeling that they are in past their depth. At the same time, the limited resources inherent in startups must be allocated in ways that maximize efforts and do not result in overlapping duties or competing priorities. The single most critical aspect of removing barriers that Mr. Sohr identifies involves encouraging healthy communication, which drives employee engagement and makes each member feel that he or she is a valued member of the team.