You don’t win by predicting the future; you win by getting the odds right. I heard this provocative quote at a recent conference. As far as I could tell, the speaker was trying to make the point that you don’t need an accurate forecast of the future. Instead you understand the probability of different events…
Seventy years ago this week, Lawrence Peter “Yogi” Berra made his major league debut for the New York Yankees. Yogi Berra was a fantastic baseball player, arguably the greatest catcher of all time. To give you a sense of his baseball résumé, Yogi played in 15 All-Star Games, won 10 World Series championships, and earned…
One of my management principles is “passion for the mission is not optional.” To me, it’s critical that people believe in what we’re doing. In fact, I think the whole team believing in the mission is more important than having the exact right skills on the team. Culture eats strategy and passion beats talent. In…
The old saying “records are made to be broken” reinforces that, no matter how great the achievement, someone will eventually surpass it. The record holder is reminded to be humble, recognizing that his/her accomplishment is significant but not permanent. Everyone else is encouraged to continue to push their limits, knowing that someone will eventually break the…