Monday Morning Radio

Running a Business is Like Coaching a Sports Franchise: Would You Be a Champion?

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Dr. Henry Mintzberg is one of the world’s most highly regarded business theorists, having written more books -- 22-- than the Beatles produced #1 hits. He is an organization and management rock star. In his latest book, Understanding Organizations … Finally, Dr. Mintzberg likens running a company or non-profit to coaching a professional sports team: You wouldn’t use the same tactics in football as you use in hockey or baseball. Yet many CEOs mistakenly take a one-size-fits-all approach to structuring their operations. After observing and advising organizations for more than five decades, Dr. Mintzberg concludes there are seven “species” of companies and philanthropic groups, each requiring a distinctive playbook. As Dr. Mintzberg explains to host and award-winning author Dean Rotbart, correctly identifying which type of company you own or work for is crucial to its sustainability and profitability.  [To listen to Dr. Mintzberg’s January 2019 appearance on Monday Morning Radio, click here.]  Photo: Dr. Henry