Risk Taking
February 14, 2012
The June 22, 2009 cover story of Business Week which I just reread was titled “The Risk Takers.” It featured businesses which during difficult times, instead of playing it safe, placed bets on some gutsy new strategies.
To make a point, the author used an illustration that we can relate to here in Michigan. I paraphrase:
Imagine a driver on a snowy night. If the car starts to slip, the driver’s natural instinct is to slam on the brakes and jerk the steering wheel in the opposite direction. But the laws of physics advise the opposite: laying off the brakes and steering into the turn.
The author reports that from 1985 to 2000, the average merger in an economic downturn created an 8.5 percent rise in shareholder value after two years; while the average deal in good times resulted in a 6.2 percent drop in the buyer’s share value. In other words, mergers – one of the biggest, boldest moves in business – do better in bad times than good. Much better, in fact.
It wasn’t recklessness this article was celebrating; it was risk taking – daring to be aggressive, rather than just defensive, amid a weak economy. Steering into the turn, so to speak.
Just like the winter driving analogy in the article, we who are involved in school sports in Michigan can relate to the big idea of the article because we too made some of our biggest moves at our bleakest times. The MHSAA retrenched in some ways, but the greater theme as we climbed out of our bad times of 2008 was that we made unprecedented investments in new technology.
Today MHSAA.com is the website of highest traffic and MHSAA.tv is the website with the most productions of any comparable organization in the U.S. And all of these investments in technology during those bad times have allowed us to undertake the ArbiterGame project now that will provide all member high schools the electronic tools necessary to make their tough tasks of school administration more streamlined than ever before.
Reluctant Leadership
March 15, 2016
Years ago I was asked my opinion about who should become the president of the Fellowship of Christian Athletes. My response was that it should be no person who is seeking the job. It was and remains my belief that, in ministry, the person should not seek the job; the job should seek the person.
I think this should also apply to the presidency of the United States.
It’s only mid-March, and I’m already sick and tired of campaign rhetoric and the ridiculously low behavior of candidates for what’s supposed to be our nation’s highest office.
I am looking for humility; and I think, perhaps, that any person who seeks the presidency probably lacks the humility to be the person we need in that office.
I want both a freer and fairer society, led by humble servants within public and private institutions. I want servant-leaders with character more than charisma.
I want a society where individuals with drive and discipline take responsibility for making things better at home and in their neighborhoods, communities and states. And where one of these unsuspecting persons, with lots of grit but little guile, gets drafted to lead our country, and very reluctantly accepts.