What are some parallels between coaching a basketball team and running a company?
It’s about winning and about having a goal that you try to accomplish that everyone is accountable for. For a goal to be accountable to the entire program, you need good people, and that’s all part of the ingredients of winning. Also, you must make sure you can accept failure at times because you don’t always win. The way you handle failure is just as important as the way you handle winning. What could a CEO or company president learn from watching a good basketball coach lead a team? First of all, I think a good basketball coach would make a good CEO, and vice versa. Why? Because there are so many of the same details involved in coaching and running a business. When I try to develop a basketball team, I look for people who are loyal, have a solid work ethic and want to be the best they can be. Without these qualities, it’s difficult to be successful in this kind of business because, quite frankly, basketball is a business. It takes a very special kind of person who has no clock but ha
