“Rob and Wally have a significant amount of industry experience, which we think is quite valuable for the rest of the team. However, we are not sure to what extent these skills are transferred onto the wider team. We would like to understand what effort is invested in promoting a team culture and up-skilling the team members to enable them to make a more valuable contribution to the team?”
The process by which team members are chosen is extremely stringent, to make sure that only top quality candidates are selected. This gives Rezco a large advantage, as the learning process is shortened significantly by having young team members who are able to learn more quickly and absorb the process faster than the average candidate.
The interaction between the younger members of the team and Rob and Wally is highly encouraged and occurs on a daily basis. In every task assigned to the team, Rob and Wally give a proper explanation for their reasoning behind their thinking. The team is also encouraged to state their view of the situation, especially when they do not agree with the given view. This normally leads to a discussion. This gives the team members a lot of time to interact and reason with Rob and Wally, which ultimately gives them insight into Rob and Wally’s reasoning, as well as the expertise upon which they based their decisions.
Apart from the considerable amount of time that the team spends interacting with each other, Rob regularly recommends certain books that contain valuable information about all aspects around his thinking, as well as information about market experience and market thinking. The team members are encouraged to up-skill in any area that they think will give them an advantage in the industry. This is sometimes done through online courses (coursera.com/lynda.com). The team members also have access to exactly the same information as Rob and Wally, and are encouraged to bring forth investment ideas or theories that they have to get Rob or Wally’s opinion on. Rezco operates an open door policy and team members are welcome to chat to Rob or Wally at any time with questions that they have. This is not only highly encouraged, but is a fundamental part of the culture in all areas of the business.