Sense on Cents

Say what you want about legendary basketball coach Bobby Knight, but he won and played by the rules. Wound a little tight? No doubt. Abrasive? Clearly. Abusive? Nobody’s perfect.

Knight was run out of the University of Indiana by the administration after an ugly incident in which it was videotaped that he physically assaulted a player. He got what he deserved.

That said, the overwhelming percentage of his players swear by him. In a world of competitive sports where “rules are supposedly meant to be broken,” Knight’s programs were never sanctioned and the bulk of his players graduated.

While Knight’s personality may rub some people the wrong way, there are lessons we can learn from him as well. What are Knight’s 4 keys to successful and effective management? 

This 90 second clip is a good primer for anybody involved in running any organization.

The will to prepare to win.

The right personnel.

Providing proper and appropriate recognition for a job well done.

A strong bond of trust.

Words to live and work by from “the general”, Bobby Knight.

Navigate accordingly.

Larry Doyle

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I have no business interest with any entity referenced in this commentary. The opinions expressed are my own. I am a proponent of real transparency within our markets so that investor confidence and investor protection can be achieved.

This entry was posted on Tuesday, March 19th, 2013 at 10:46 AM and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.