Recent defeats of Australia in Cricket set me thinking what were the management lessons to be learn from the same. Well I got at least two ideas. Being at the top creates complacency in cricket as well as in companies. Complacency leads to sub optimal performance and loss of leadership advantage.
Also the second thought which emerged in my mind was that there are no young performers in Australia. ie since there world cup triumph Australia was not able to groom future leadership in the team. Ditto with companies all fortune 500 companies are doom to failure once the main leadership retires or dies. So that accentuates the importance of Leadership grooming and talent management in a company or team.
Hope you will learn from these two lessons and take your company to great heights.
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