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Hire Fast, Fire Slow?
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<blockquote data-quote="Vespidae" data-source="post: 868356" data-attributes="member: 2957"><p>I think one of the problems in college football is the belief that the coach is all knowing and you hire whoever you think your savior is. When I was in Japan, they don't think this way at all. First, they ask "what is the way" (or process, approach, etc) that we will use to succeed? Then, how do we increase our capability to deliver on that decision?</p><p></p><p>When I ran businesses, we wanted to the best in the world at one particular business model. The executives really didn't matter as much because we taught them the system when they arrived and we asked them to adapt to us, not us to them. It is HUGELY expensive to change business philosophies every 4 years and disruptive as well. You cannot mature with a philosophy if the philosophy is always changing. </p><p></p><p>Sports, in my view, is insane. It would be far better to develop an adaptive philosophy of the "Georgia Tech Way" of playing this sport or that sport and then, TStan should be raising money to make that Way the best in the world. You can argue that times change and requires massive restructuring (like what we are going through right now), but as my strategy professor said, that's more of a report card on bad management and delayed decision making. </p><p></p><p>I haven't met one person, including TStan, that would last 6 months working and running a Fortune 50 business.</p></blockquote><p></p>
[QUOTE="Vespidae, post: 868356, member: 2957"] I think one of the problems in college football is the belief that the coach is all knowing and you hire whoever you think your savior is. When I was in Japan, they don't think this way at all. First, they ask "what is the way" (or process, approach, etc) that we will use to succeed? Then, how do we increase our capability to deliver on that decision? When I ran businesses, we wanted to the best in the world at one particular business model. The executives really didn't matter as much because we taught them the system when they arrived and we asked them to adapt to us, not us to them. It is HUGELY expensive to change business philosophies every 4 years and disruptive as well. You cannot mature with a philosophy if the philosophy is always changing. Sports, in my view, is insane. It would be far better to develop an adaptive philosophy of the "Georgia Tech Way" of playing this sport or that sport and then, TStan should be raising money to make that Way the best in the world. You can argue that times change and requires massive restructuring (like what we are going through right now), but as my strategy professor said, that's more of a report card on bad management and delayed decision making. I haven't met one person, including TStan, that would last 6 months working and running a Fortune 50 business. [/QUOTE]
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