Why The Olympics Are A Good Model For Businesses

Written by on July 2, 2012 in Home - No comments
2012-London-Olympics

Programming note: We’ll be following the Olympics pretty closely here at BizEngine when they start, and providing Olympics-themed advice as they go on. I wanted to take today to share a couple of thoughts on the Olympics.

First off, the competition engendered by the Olympics is a good thing. Instead of being nasty, cut-the-knees-out fighting, it’s all about pride in your country. You should take a similar approach at your building, prizing achievement as a way to create pride in your company.

In fact, you can use the Olympics themselves as a kick-off for that effort. Set your various sales, marketing and technology teams up as independent nations, give them goals and put prizes at the end. Don’t come down on those who finish with a bronze medal, but encourage them to do the best they can. The power of pride will help.

Second of all, the Olympics themselves provide an object lesson in doing the impossible. Anyone who watched the 2008 Beijing Olympics knows that they pulled off a minor miracle in putting together an incredibly strong opening ceremony, built up huge stadiums and pulled off a successful Olympics in general with less than two years of lead time. That’s absolutely incredible, and it goes to show that you can certainly pull off a miracle or too.

So watch those Olympic games, take notes and see how you can apply them to your own small business. At the very least, they’re worth watching for the thrill of victory and the agony of defeat.

What business lessons from the Olympics will you apply to your small business?

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About the Author

Dave Choate is the lead writer for BizEngine, longtime blogger and voracious reader of all things business and news. Dedicated to delivering small business news, information and analysis that matters.

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