Leadership Lessons

20

The Miami Heat

A Dream Team!!!

All leaders lay in bed at night and dream about what could be if they just had the right people. In the May 2011 edition ofFast Companymagazine, some incredible insights are made regarding thetalent acquisitions andtheir subsequent integrationintothe Miami Heat. These leadership lessonsare criticalforanyone whowishes tobuild a teamcontaining multiple superstars.

Greatness, we say, is CONSISTENCY.

Mutual sacrifice is a resounding vote for TEAMWORK.

Its a huge bet that, in the end, TALENT will prevail.

For the most sought after talent, company LOYALTY has given way to a desire for abig, bold short term project developing a breakthrough product, pursuing a new market.

The teams leaders have done what stars need to do when they merge: show a willingness to SACRIFICE.

New hires PERFORM better when they bring a former colleague with them

Because the Heat had something special to offer them (the supporting cast), it signed most of them at well below market VALUE.

Nothing brings a team together like a COMMON enemy.

The real BONDING didnt occur until the Heat Troops began to shed blood on the battlefield.

Under duress, Miami found its IDENTITY.

As the adversity that bound the players together waned, the CHEMISTRY faltered.

Camaraderie doesnt necessarily translate in seamless COLLABORATION.

Miamis talent is no match for COHESIVE team play.

When you assemble a team of experts, its better to have complementary, not competing, SPECIALTIES. Groysberg

In business, you probably wouldnt HIRE two CEOs to work together. Steve Kerr

To achieve the proper balance, its crucial to map out a strategy. Acquiring a player of(LeBron) Jamesscaliber is like acquiring a company. You need a whole INTEGRATION plan. Groysberg

Probably what Ive learned from Pat (Riley) the most is that coaching in this league is about MANAGING personalities, more than managing Xsand OsSome players get to that conclusion differently than others. Spoelstra

The most SUCCESSFUL superstar teams embrace shared leadership. Richard Hackman

They (superstar teams) need TIME to crystallize. They need consistency, the same people butting heads, compromising, collaborating, day after day. Spoelstra

There is no more fragile commodity than the CREDIBILITY of a team leader.

Thank You Very Much Sompong Yusoontorn