Both the New England Patriots and Carolina Panthers started out the 2015 NFL regular season with 10 wins and 0 losses, marking the 15th and 16th teams that have accomplished such a start since the 1970 merger. Since then, the Patriots have dropped two games, while the Panthers are three games away from completing a perfect regular season. Both teams …
Sports Metric of the Week: Predicting the 2015 Heisman Trophy Winner
All NCAA Football conference championships concluded this past weekend, meaning the regular season has come to an end, and the sport will now transition to an array of bowl games beginning on December 19th. Prior to the commencement of college football’s postseason, the sport will crown the 2015 Heisman Trophy Winner, one of the most prestigious individual honors in all …
Sports, Business, Metrics, and Winning
The lessons and inspirations of sports and the sporting life have always had a deep hold on the business psyche. Some of my favorites here include the joy of competition, the virtues of teamwork, and of reaching Peak Performance through overcoming adversity and then sharing our “Best Stuff” with the world. And these days the “Hot Lesson” that sports has …
Sports Metric of the Week: Thanksgiving Day Football
Along with turkey, the Macy’s Day Parade in New York City, and spending time with family, football is a staple on Thanksgiving Day. The tradition of playing football on Turkey Day can be dated all the way back to the 1800’s. Nowadays, the NFL schedules three games to be played each year on Thanksgiving. Four of America’s most popular teams …
Doing Financial Projections Right (A Five Step Process)
Especially this time of year – when so many of us are assembling and committing to our professional resolutions and goals, questions arise as how to best develop financial (growth, revenues, and profits) projections for our businesses. Questions including: Should projections be “realistic” – i.e. feel “doable” and in line with past results or… …should they be “aspirational,” not hot …
Sports Metric of the Week: Did Jake Arrieta Deserve the 2015 NL Cy Young Award?
On Wednesday of last week, Cubs starter Jake Arrieta was awarded the 2015 National League Cy Young Award. In one of the tightest races in recent memory, Arrieta won the award over two of the Dodgers’ aces: Zack Greinke and Clayton Kershaw. Arrieta turned in one of the most dominating 2nd half performances by a starter in MLB history, posting …
Breaking Free of No Man’s Land
I met this week with partners from the Newport Board – an organization of former CEOs and senior executives that “guides companies through No Man’s LandTM” – that unfortunate place where the vast majority of businesses eventually settle… …doing well enough to press on but not even close to being either a) a source of significant cash flow for its …
Sports Metric of the Week: NFL Extra Point No Longer a ‘Gimme’
This past offseason the NFL implemented a rule change that required extra points following touchdowns to be snapped from the 15-yard line rather than the 2-yard line. Over time, NFL kickers became so accurate that an extra point was considered a ‘gimme’ – with kickers converting over 99% of the time. This new modification has made the historically dull extra …
What Happens when Big Data Meets a Little Strategy?
Last week, in Las Vegas we had the opportunity to participate in a 2 – day “Mastermind-type” strategic session with a gathering of technology and Internet entrepreneurs and executives from around the globe. It was an impressive group – leaders of companies with average sales of $8 million and competing and prospering in industries than run the gamut – from consumer …
Why NOT Manage by Data?
For the first time, with the power of business intelligence dashboards, smaller businesses can harness the power of big data to more efficiently and profitably manage their companies. Some readers expressed skepticism that this “stuff” actually works. That it is just more “noise” that causes entrepreneurs to get “lost in the weeds” versus long-term thinking and planning. There is some …