I had a dream last night that The Toronto Maple Leafs won the Stanley Cup. As I woke up this morning, I was reminded why they are called “dreams.” Well, the 100th Grey Cup has been played & the winner is The Toronto Argonauts. I guess it is really possible to win a championship in Toronto after all. The Horse has had his last night’s sleep in The Royal York Hotel, Justin Bieber has gained an additional million followers on twitter. All is well in Toronto.
Much credit must go to the General Mangers of The Toronto Argonauts & The Calgary Stampeders. They were responsible, for hand-picking a group of players that resulted in this huge accomplishment of representing their respective divisions. How do you go about putting together a winning team?
When I was young we used to play hockey on the street (that was before they outlawed it). Yes, if you can believe it they have tried, and in most cases, have been successful in outlawing street hockey. My friends and I all lined up on the street, tallest to shortest and voila, a few choices later we had two teams. I have to admit, I was never the first choice and was generally picked towards the last round. Does getting picked first, guarantee that you are going to be the top performer?
A study by the world-renowned economist Richard Thaler from The University of Chicago, set out to explore this question. He looked at NFL draft picks over a 10 year period. He researched draft position, salary and followed their performance of the athlete’s career. In his findings, he determined that the high drafts were not a guarantee of success. Richard stated “The top picks were worth a lot, but not generally as much as everyone thinks.” The study showed that in most cases, the owners over paid for early round picks and routinely got way more value with the lower draft picks. The sweet spot in the drafts happened to be the top 1/2 of the second round.
A good example of this is Ricky Ray, the quarterback of The Toronto Argonauts. His career has been far from typical, with many twist & turns. He gained his nickname “Frito Ray” from working as a Frito-Lay driver for the 2002 season. Would you have chosen Ricky to quarterback your team in 2003?
Success has many factors involved. Obviously, if you graduate from Harvard with an MBA, it enables you to open many doors and get “drafted” sooner. That said, according to the Carnegie foundation, 85% of a person’s success is directly related to soft skills; something a Harvard MBA or a high draft pick doesn’t necessarily measure.
We have worked with many clients, both corporate & individuals to help them make better choices. Take advantage of our tools & coaching & let us help you choose & build a winning team & a successful career.
You know, as much as I was drafted low in street hockey, I still showed up every time there was a game, did my best and enjoyed every second. Life doesn’t get much better.
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