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Scoring Value at the World Cup

7/26/2018

 
Before winning the Soccer World Cup, France coach and former captain Didier Deschamps said: “I hope the players benefit from my experience, but this is their final. It is something they have worked for”.

In the victory jubilation Deschamps was tossed in the air by his winning team and had every reason to feel proud of his role as steward of talent.
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Business managers do well to imitate the French coach's appreciation of his people. To get the best out of your team, you need to value your players as your company’s biggest asset. They are the make or break between success and failure.

Research has shown that the number one determinant of happiness in the workplace is being appreciated. As a manager, your regard for your team members will determine how they perceive their value, and ultimately how they perform.

Accountants don’t show the value of people on a balance sheet. (Because we don’t own them and can’t measure their worth.) And yet HR managers rightly say “people are our greatest asset”.  

At a soccer club, the contractual right to use the services of a player, if not the actual person, is often listed. For example, World Cup breakout teenage star Kylian Mbappé's contract is worth a cool $210m. 

No need to remind his manager that business is both a people-game and a numbers game. 

Wishing you a goal setting and scoring week, 

Peter
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    Co-founder Peter Frampton is the lead author of this blog.

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