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APPLYING RESOURCES TO THE DEVELOPMENT OF STRONG TEAMS

Tim Millett
Published by Tim Millett
09 October 2013

Venky Mysore, CEO of Kolkata Knight Riders (KKR), recently stated that the book that has most influenced him in his career is Michael Lewis’ Moneyball: The Art of Winning an Unfair Game.

Although the book tells the story of Oakland Athletics, an American baseball team and its manager Billy Beane, a number of lessons which can be more widely applied to life can be taken from the text.

Audacity is central to the story, as Beane completely departed from conventional wisdom to create a successful team.

Beane displayed conviction in the way that he pursued his unorthodox strategy, and he also demonstrated unwavering commitment. Despite being offered an incredible offer by a Boston-based team (which would have positioned him as the world’s richest baseball manager), he refused the offer because his goal was to achieve victory with the Oakland As, not without them.

When he assumed the role of CEO for KKR, Mysore faced a situation with limited resources. It was necessary for him to select the best skill sets and apply a range of relevant analytics.

With this foundation, Mysore was able to assume an approach to team-building that was based on evidence. He was also able to reconfigure revenue streams and produce incremental efficiencies.

Source: http://www.moneycontrol.com/news/features/buildingstrong-team_903060.html

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