Study the competition
Football teams are known for their intense studies of opposing teams. Coaches and players alike will spend hours analyzing footage from past games to get a feel for how their opponents work together, what plays they go to frequently, and what strengths and weaknesses they bring to the field. They use this information to develop their own strategies and to see where their opportunities lie.
As business leaders, we should do the same. It's not enough to just occasionally glance at the websites of the competition. Instead, we should be analyzing their moves, seeing what works for them and what doesn't, discovering where they're failing their clients, and finding whatever else we can glean to help us compete more effectively. This insight will give us the tools we need to make our own businesses stronger, as we compete for customers and leads.
Build a balanced team
Successful football teams look for talented players in every position. Having four starting quarterbacks but no safeties will do a football team no good. The team needs to be balanced and account for every position. When games are starting, how often do we hear comments about how one team will be at a disadvantage because a particular player or two are out due to illness or injury?
The same principle applies to business. Successful companies account for every position, too. This includes:
- leaders who can help the company see and attain its vision
- financial experts who are good at accounting and planning budgets to help the organization make the most of its resources
- marketing and sales professionals who excel at generating leads and bringing in new paying customers to help the business grow
On the football field, effective leaders are essential. The coaches are responsible for developing the playbook and strategizing what plays to use. A good coach can work magic with a mediocre team, while a bad coach can have a losing season even with the strongest of players. The quarterback is another key position. Quarterbacks are responsible for leading the team on the field, implementing the plays the coach dictates, and keeping the team working together.
In business, leaders are equally important. They must be able to see the company vision and guide those around them toward that outcome. Talents in strategizing, encouraging others, and working in
groups are all important for leaders. Cultivate these talents among your staff, especially those in leadership positions, to maximize the potential of your company.
When it comes to organizing a business, football has many lessons it can teach. Keep these lessons in mind as you tune into this season's games, and see just how much you end up learning.