AmiSight 6/15: Companies Operate More like Sports Teams
"HARSH TRUTH: Even originally the right hires can become the wrong team members as a company grows and changes.
Jack Welch, former chairman and CEO of GE, was one of the greatest business leaders of all time. Every six months, he’d review all of the people in the company and let them go if they didn’t share the values that the organization stood for — even if someone was getting top results. If any individual was not in alignment with the rest of the organization and its values, he let that person go.
It sounds harsh, but it's the truth.
No one likes to cut any team members, but you don't win today's games with yesterday's home runs.
Companies operate more like sports teams, and sometimes you got to trade in new players to win tomorrow's games."