SA Leadership Episode #076

The Law of Dividends

Significance Begins HERE

 

Investing In The Team Compounds Over Time

Here is one of the greatest team builders in all sports, yet, you have probably never heard of him. Here is a list of his accomplishments:

  • 40 consecutive basketball seasons with at least 20 wins
  • 5 national championships
  • Number one ranking in his region 33 years in a row
  • Lifetime Winning percentage of .870

His name is Morgan Wootten. He is a High School Basketball Coach! Coach John Wooden of UCLA fame stated; “People who say that Morgan Wootten is the best High School coach on the country, I disagree. I know of no finer coach at any level…I’ve said it elsewhere and I will say it here, I stand in awe of him”

Here are 10 insights on how to achieve compound impact for your team.

1. Make the decision to build the team…This starts the investment in the team. Deciding that people on the team are worth developing is the first step in building a better team.

2. Gather the best possible…This elevates the potential of the team. The better the people on your team, the greater your potential will be.

3. Pay the price to develop the team…This ensures the growth of the team. It will cost you to build the team. You will have to dedicate time that could be used for personal productivity. You will have to spend money that could be used for personal benefit. Sometimes you will have to set aside your personal agenda. But developing the team is worth the investment.

4. Do things together as a team…This provides community for the team. The only way to develop community is to get them together, not just professionally, but personally. Share common experiences.

5. Empower team members with responsibility and authority…This raises up leaders for the team. The greatest growth for people often occurs as a result of the trail and error of personal experience. If you currently are a leader of a team, don’t protect your position or hoard your power. GIVE IT AWAY! That is the only way to empower your team!

6. Give credit for the success of the team…This lifts the morale of the team. Mark Twain states, “I can live for two months on one good compliment.” Napoleon Bonaparte stated, A soldier will fight long and hard of a bit of color ribbon.” If you are the leader, take the blame and never the credit!”

7. Watch to see the investment in the team is paying off…This brings accountability to the team. If you put sweat equity into the team, you expect a return on the investment. Maybe not right away, but certainly over time. Some people develop quickly and some slowly and that is okay. The main outcome you want is to see progress.

8. Stop your investment in players who do not grow…This eliminates greater losses for the team. One of the most difficult experiences for any team is to leave a teammate behind. Yet this is what you must do if someone on your team refuses to grow or change.

9. Create new opportunities for the team…This allows the team to stretch. When a team has the opportunity to take new ground and face new challenges, it has to stretch to meet them. This gives the team a chance to grow. Everyone should have the opportunity to reach their fullest potential.

10. Give the team the best possible chance to succeed…This guarantees the team a higher return. Where there is a will there is a way and where there is a team there is more than one way.

LINKS

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FREE GIFT – “The Art of Balancing Candor With Care” – Click on the icon at the bottom of the page

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Music: “Gratitude Mood” by David Arivett. You can learn more about his music by clicking on his name. THANKS DAVID!

 

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