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Ducks in a Row: Spread the Wealth Pro and Con

Tuesday, April 3rd, 2012

6234316421_ff02cd5e38_mI’m not really a sports fan, but I read the NYT and occasionally an article that focuses on the human side as opposed to the play intrigues me. That’s how I ended up reading about Jeremy Lin and using him as an example of how easily bosses miss their real star talent.

In mid-March another Knicks story caught my eye.

[Coach] Mike D’Antoni and the Knicks parted ways Wednesday — an event that seemed fated once the franchise acquired Carmelo Anthony, an immense talent whose individual playing style clashed with D’Antoni’s spread-the-wealth offense.

At first glance you might not think this is applicable to business; obviously, no boss is going to quit when an employee disagrees with the culture, no matter how good he is.

In fact, it’s much more likely that the boss will laud him and shower him with whatever perks, bonuses, promotions and raises possible.

Anything to keep him happy; anything to keep him, period.

Not all star players have star egos; from the little I’ve read Lin is the former, while Anthony follows a more typical star profile with the ego to match.

So what really happens when a culture starts focusing on star egos?

The most obvious problem is the deep doodoo you are in if your star ego is injured or leaves.

The more subtle crisis takes place quietly over time as all the potential star players leave for more spread-the-wealth cultures and bosses who will give them a chance to shine.

Flickr image credit: Joshua Smith

If the Shoe Fits: You and Jeremy Lin

Friday, February 10th, 2012

A Friday series exploring Startups and the people who make them go. Read all If the Shoe Fits posts here

5726760809_bf0bf0f558_mBosses hiring for startups (or existing companies) wax lyrical on the benefits of hiring “stars” and are willing to jump through almost any hoop to get one.

Those of you who crave stars would do well to read the story of Jeremy Lin, who plays for the NY Knicks in the NBA.

Nobody considered Lin a star or even a potential star.

He was cut in December by the Golden State Warriors, his hometown team, after one season in which he rarely left the bench. The Warriors were intrigued enough to sign him but not enough to keep him. The Houston Rockets gave Lin a quick look and cut him.

Of course, his coaches didn’t play him, so they never learned what he could do.

The Knicks almost made the same mistake.

Lin started with two strikes against him; he is Chinese-American and graduated from Harvard—he doesn’t fit “the profile.”

In spite of superb high school playing he received no scholarship offers.

Similar scenarios play out every day in hiring decisions across industries and around the country.

In doing so managers walk by some of the best talent available.

How many Jeremy Lins have you missed?

How many of them now work for your competition?

Option Sanity™ recognizes stars-to-be

Come visit Option Sanity for an easy-to-understand, simple-to-implement stock allocation process.  So easy a CEO can do it.

Warning.

Do not attempt to use Option Sanity™ without a strong commitment to business planning, financial controls, honesty, ethics, and “doing the right thing.”
Use only as directed.
Users of Option Sanity may experience sudden increases in team cohesion and worker satisfaction. In cases where team productivity, retention and company success is greater than typical, expect media interest and invitations as keynote speaker.

Flickr image credit: HikingArtist

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