While sports analogies can be overused and leaned on too easily, we
can also learn sometimes from the sports world and bring that learning
into our businesses. What sports does better than most is measure the
production value of players and teams very predicatively towards an
ultimate outcome, a well-defined, win or lose. Right now baseball is
buzzing about the "long-term deals". These are the 10-year contracts at
the time when a player's production values can fall because of age.
Alex Rodriguez and Albert Pujols
are exhibits one and two right now. As we age in the business world,
we might want to say a thank you that there are not such tangible and
easy to see measurements as baseball. We might be very surprised at how
we decline with age. But we should measure ourselves and be sure that
we are still keeping up, fitting in and staying current. If we are not
measuring and watching carefully, we need to know that others are and
will make their own decisions for us, without us. Consider what
playwright and Nobel Laureate George Bernard Shaw had to say about the
subject:
“The only man who behaves sensibly
is my tailor; he takes my measure anew each time he sees me, while all
the rest go on with their old measurements and expect them to fit me.”
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