Groups of diverse problem solvers can outperform groups of high-ability problem solvers
Source: http://www.pnas.org/content/101/46/16385.long#T1
I recommend reading the whole article, but I will reproduce the first part of the conclusion:
This research appears to be directly applicable to team building in the NBA (and perhaps other cooperative team sports like hockey and soccer).The main result of this paper provides conditions under which, in the limit, a random group of intelligent problem solvers will outperform a group of the best problem solvers. Our result provides insights into the trade-off between diversity and ability. An ideal group would contain high-ability problem solvers who are diverse. But, as we see in the proof of the result, as the pool of problem solvers grows larger, the very best problem solvers must become similar. In the limit, the highest-ability problem solvers cannot be diverse. The result also relies on the size of the random group becoming large. If not, the individual members of the random group may still have substantial overlap in their local optima and not perform well. At the same time, the group size cannot be so large as to prevent the group of the best problem solvers from becoming similar. This effect can also be seen by comparing Table 1. As the group size becomes larger, the group of the best problem solvers becomes more diverse and, not surprisingly, the group performs relatively better.
A further implication of our result is that, in a problem-solving context, a person's value depends on her ability to improve the collective decision (8). A person's expected contribution is contextual, depending on the perspectives and heuristics of others who work on the problem. The diversity of an agent's problem-solving approach, as embedded in her perspective-heuristic pair, relative to the other problem solvers is an important predictor of her value and may be more relevant than her ability to solve the problem on her own. Thus, even if we were to accept the claim that IQ tests, Scholastic Aptitude Test scores, and college grades predict individual problem-solving ability, they may not be as important in determining a person's potential contribution as a problem solver as would be measures of how differently that person thinks.
The more diverse the skillsets, the better the overall functioning of the team. Another way to state it is: Team Performance = Diversity + Average Ability.
This would illustrate why elite players with unique skillsets are so important to a team--this is why Dennis Rodman could be extremely valuable despite his obvious flaws.
Also addressed qualitatively is the question of communication between the team members; I'm not sure how this would apply to a basketball team.
Thoughts?