Management Wisdom From the New York Yankees′ Dynasty: What Every Manager Can Learn From a Legendary Team′s 80–Year Winning Streak - Hardcover

Berger, Lance A.; Berger, Dorothy R.

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9780471715542: Management Wisdom From the New York Yankees′ Dynasty: What Every Manager Can Learn From a Legendary Team′s 80–Year Winning Streak

Hardcover

ISBN 10: 0471715549 ISBN 13: 9780471715542

Publisher: John Wiley & Sons, 2005

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Since the 1920’s, the New York Yankees have become the most successful sports franchise in history because of the way they manage their talent and their organization. So how do they do it? The Yankees’ sustained success can be traced to 14 core management principles, applicable to any business operating today. These principles embrace cultivation of home–grown talent, creation of a culture that demands excellence, pursuit and introduction of the most talented players from outside the organization, promotion of a diversified workforce, and utilization of a productive farm system as currency in making talent deals.

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From the Back Cover:

What can your business learn from the Yankees′ dynasty?

Love ′em or hate ′em, the New York Yankees have been America′s winningest sports franchise for most of a century and there′s no arguing with success. Since the 1920s, the Yankees have dominated Major League Baseball, appearing in thirty–nine World Series and winning twenty–six. No other team comes close. But what accounts for the team′s phenomenal long–term success and consistent performance? Why do so many players have the best years of their careers while playing for the Yankees? And what if your business could duplicate that excellence? This book reveals fourteen core management principles behind the Yankees′ eighty–year dynasty and shows you how to apply them in your own organization.

Author Lance Berger is a management consultant to Fortune 500 companies and has served as a consultant to Major League Baseball. After looking deeply into the history of the Yankees organization, Berger discovered that many of the same principles that made the Yankees great were also driving the success of his business clients. These include:

Create a balance between superstars, stars, and solid performers
Set the bar higher than your people have ever seen it
Cultivate ownership values from the top down
Make the superstar the focal point of your organization
Hire the best frontline managers you can find
Formally recognize your informal leaders
Celebrate your history, heroes, and legends

These and other core principles emerged in the 1920s under the leadership of owner Jacob Ruppert and have been developed and refined by owners and management teams ever since. For business leaders who want to build a championship organization, this fascinating book offers time–tested management techniques that will turn any team in sports or in business into a long–term winner.

About the Author:

LANCE A. BERGER is a management consultant to Fortune 500 companies and has served as a consultant to Major League Baseball. He specializes in talent management, change management, and compensation. A former general partner for the largest compensation practice worldwide, the Hay Group, he is the author of The Talent Management Handbook, The Compensation Handbook, and The Change Management Handbook. He has been a featured speaker at the United Nations, The Conference Board, and the American Management Association.

DOROTHY R. BERGER is a consultant in talent management. She co–edited The Talent Management Handbook, The Compensation Handbook, and The Change Management Handbook.

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