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Strategic Mediocrity
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<blockquote data-quote="SunBum" data-source="post: 922729" data-attributes="member: 5148"><p>Sitting here waiting for the conference championship games to start and thinking about our program. I happened to listen to an old podcast last night and learned about an investing strategy called strategic mediocrity. Basically by consistently aiming for results at some level below the very best, over time, the long term results can beat those consistently trying to be #1.</p><p></p><p>The idea being that the hotshots sometimes catch lightening in a bottle and reach the pinnacle but most of the time the risk-reward ratio produces less desirable results. Strategic mediocrity says that lowering the risk level a bit can produce more consistently winning results although maybe never #1.</p><p></p><p>Of course I know that this doesn't translate perfectly to college football but, I think, some of the ideas can be useful, particularly for a program like us. Instead of reaching (financially) for a hotshot head coach, we go with Key. And now maybe we're thinking about a hotshot O.C. versus maybe Weinke (not that we can realistically get a Garrett Reilly).</p><p></p><p>I'm thinking, what moves do we need to make, if any, to get to 6 wins next year and bowl eligibility? In the new universe of college football, I have my doubts that we'll be able to regularly compete for conference championships or CFP births but can we get to a point where we're respectable and regularly winning 7-8 games? I know this is Chan Gailey - CPJ territory but the landscape has changed and that may be our ceiling as it stands right now.</p><p></p><p>I guess I'm just thinking that we need to be smart and realistic about where we can get to in the next five years or so. And it I like the way things are being handled at this particular time.</p></blockquote><p></p>
[QUOTE="SunBum, post: 922729, member: 5148"] Sitting here waiting for the conference championship games to start and thinking about our program. I happened to listen to an old podcast last night and learned about an investing strategy called strategic mediocrity. Basically by consistently aiming for results at some level below the very best, over time, the long term results can beat those consistently trying to be #1. The idea being that the hotshots sometimes catch lightening in a bottle and reach the pinnacle but most of the time the risk-reward ratio produces less desirable results. Strategic mediocrity says that lowering the risk level a bit can produce more consistently winning results although maybe never #1. Of course I know that this doesn't translate perfectly to college football but, I think, some of the ideas can be useful, particularly for a program like us. Instead of reaching (financially) for a hotshot head coach, we go with Key. And now maybe we're thinking about a hotshot O.C. versus maybe Weinke (not that we can realistically get a Garrett Reilly). I'm thinking, what moves do we need to make, if any, to get to 6 wins next year and bowl eligibility? In the new universe of college football, I have my doubts that we'll be able to regularly compete for conference championships or CFP births but can we get to a point where we're respectable and regularly winning 7-8 games? I know this is Chan Gailey - CPJ territory but the landscape has changed and that may be our ceiling as it stands right now. I guess I'm just thinking that we need to be smart and realistic about where we can get to in the next five years or so. And it I like the way things are being handled at this particular time. [/QUOTE]
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