Earlier this month, LeBron James led the Cleveland Cavaliers to a historic victory over the Golden State Warriors in the 2016 NBA finals. In addition to proving that even the most pernicious sports curses can in fact be broken, the Cavs staggering come from behind victory offers a number of useful lessons that every CEO, regardless of industry, should take to heart. This recently published chief executive article handling made a list of those lessons in the first item on the list is the value of a good comeback.
As any sports fan would be happy to tell you, the Cavs suffered a devastating loss to the lawyers during the 2015 NBA finals. In addition to continuing Cleveland’s heartbreaking streak of not claiming any major professional sports championships in more than half a century, it also confirmed expectations that for all of the James’ talent on the boards, the Cavaliers simply didn’t have it in them to beat the best team in the league. This year’s championship definitively proved all the doubters wrong and repositioned the Cavaliers from being perennial losers into the highest echelons of the sport.
Today’s CEOs need to understand that when their companies suffer even the most devastating and public of losses, recovery, reinvention incredible success is still possible. Just as James’ indefatigable belief in his team drove the Cavs to victory, so too can a CEOs belief in their company’s potential can act as a catalyst that will ultimately lift a tarnished firm out of failure and onto the plateaus of profitability and growth.
Read the full article here: http://chiefexecutive.net/slam-dunk/
