Management lessons for future managers
Inspired by the world of Sports and
entertainment
“The end result we all know, let’s learn from the path taken”
1986 : ManUtd lost the first
game it played under Sir Alex
Ferguson. It finished the
season at 11th place
1988 : ManUtd
finished the
season at 2nd
place
2013 : After 27 seasons 13 championships, 7
second place finishes, Sir
Alex retires
Key Lessons
2014 : Sir Alex takes up teaching position at Harvard University to take a course titled
“The Business of Entertainment, Media and Sports”
No-One Is Bigger Than The Team
Ferguson’s genius has been to make
everyone understand that the glory and the
riches that they enjoy flow from being part
of a winning team. It doesn’t matter how big
a star you are. The team is always bigger.
Build An Enduring Institution Of Which
People Want To Be A Part
With a 27-year reign that’s eclipsed that of
most CEOs and political leaders, Ferguson
has excelled in managing multi-generation
succession at his club.
Do not let problems fester but tackle them head-on
As Ferguson says, “No one likes to get criticized. But in the dressing room, it’s necessary that
you point out your players’ mistakes. I do it right after the game. I don’t wait until Monday, I
do it, and it’s finished. I’m on to the next match.”
Never give up
Following a run of 7
games without a
win in 1989-90
season, Sir Alex
almost lost his job
before a match that
changed
everything.
ManUtd defeated
Forests, who were
defending champs
1-0
Most entertainment is an escape from reality, sport is an escape into reality. May
it long be that way ~ Harsha
1985 : Graduates from
IIM – Ahmedabad and
starts working at a very
prestigious firm HUL
Bhogle
1992 : First Indian
Commentator
to
be
invited by the Australian
Broadcasting Corporation
2008 : voted by readers
of Cricinfo as their ‘most
favorite
cricket
commentator’
Key Lessons
He has authored numerous best selling books till date and also runs a sports based
communication consultancy called Prosearch along with his wife Mrs Anita Bhogle
Knowledge of your
work is everything
you need to belong
to your workplace
Show a willingness to
pass the ball. Be the
one who builds the
goal rather than scores
it
Meet resistance with a
smile. If you are
persistent with your
work, acceptability will
follow sooner or later
Make mistakes, but
never repeat them.
Take the plunge : Mr.
Bhogle left advertising
job and pursued his
interests as a full time
commentator
Share Knowledge : In
his
own
words,
“Excellence is also
having the confidence
to share knowledge”
Work Ethics
Mr. Bhogle is known
among
his
fellow
competitors for this
rigorous work ethics.
He
believes
consistency in output,
in ay profession, is a
direct function of his
work
ethics
The Dark Knight Trilogy
2005 : Batman Begins
The
movie
highlights
the
transformation of a weak, guilt
ridden human being into a symbol
of hope, justice and threat for evil
forces.
2008 : The Dark Knight
The Dark Knight ingeniously explores
that good and evil are the two sides
of the same coin and how easy it is
to become the evil that we fight.
2012 : The Dark Knight Rises
“A man can be killed, but a symbol
remains imprinted in people’s psyche.”
Batman establishes himself as symbol
and thus supporting the notion that
everyone can be a Batman.
Key Lessons
“Endure, Master Wayne. Take it. They'll hate you for it, but that's the point of Batman, he can be
the outcast. He can make the choice that no one else can make, the right choice”
Organizations Need To Be Built
Around Ideas, Not People
“People
need
dramatic
examples to shake them out of
apathy and I can’t do that as
Bruce Wayne. As a man I’m
flesh and blood. I can be
ignored. I can be destroyed.
But as a symbol, as a symbol I
can be incorruptible, I can be
everlasting.”
Actions Matter More Than
Intentions
“It’s not who you are
underneath, it’s what you do
that defines you.”
Learn From Failures
“And why do we fall, Bruce?
So we can learn to pick
ourselves up.”
Fear Failure In Order To
Succeed
“You do not fear death. You
think this makes you
strong. It makes you weak
…
How can you move
faster than possible, fight
longer
than
possible
without the most powerful
impulse of the spirit: the
fear of death?”
Reference : http://www.forbes.com
Enjoy
Your
Work
Joker might have been
a psychopath but the
creativity he brings to
his work is because he
enjoys what he is
doing
Key Lessons
INDIAN PREMIER LEAGUE
Innovate at work
Cheer girls, spider cams, umpire
cams, max sixes award and
expressive Bollywood actors all
give the audience a secondary
reason to follow IPL. Whatever
inspires fan following, why should
the business bother.
Founders sometimes get thrown
out
What connects Lalit Modi and
Steve Jobs? Both got thrown out
from the ventures they created!
Reasons of course don’t connect
Individual brilliance will open the
first door, but definitely not the
last one
Dale Steyn with his devastating
bowling has propelled Sunrisers
many a times to victories but that
is never going to be enough to
take them across the line, it’s the
team that needs to be strong
Only change is permanent
The old must always make way
for the new. The IPL also saw
cricketing legends like Shane
Warne and Adam Gilchrist bid
adieu to the game and make
way for the next generation of
cricketers.
Spot the troubleshooters
Every team needs individuals who perform well under pressure. Chasing
70 runs in last 5 overs or performing with two days remaining for
deadline involve the same set of skills. You need to identify such people
in your team to win
Thank You