Thursday, June 19, 2008

Knock it down or blow it up

Wonderful. This little girl has a fantastic future. Have'nt we all been there?


Friday, June 6, 2008

Secrets of Success

Now that Rajasthan Royals (RR) have won the inaugural IPL tournament, here are the secrets of their success.

1. Good Team
2. Excellent Management
3. Trust
4. Honesty and Respect

RR is the best professional team assembled on Indian soil in recent times (1983 World Cup Winning team is the other team I can think of). They had a clear plan and executed the plan. Everyone on the team had a clear role and they had to trust their team mates. What a novel team concept! I felt something special about them in this note.

Darren Berry, Director of Coaching for RR and assistant coach of Victoria about their plans:
" When we lost to Mumbai Indians in the away game, people got away from what they were supposed to do. We had a real serious talk that night and said, "This is not good enough. Tonight you played how you wanted to play, and this is a team. People got a bit selfish, did what they wanted to do. There's our gameplan. Where does it say 'Slog across the line'? Let's play our roles in the next game." So we kept refueling the motive to succeed rather than fail.

Manoj Badale made it clear from the start: "Warne, Berry and Snape - you sort out the cricket, I'll sort out the business. Our lines will not cross." It all comes down to trust. That was our strength.

Manoj Badale is the owner of the RR franchise. Hats of to him for assembling a great team and trusting them to do their job.

Now that if you sit back and analyze, it seems obvious that the above mentioned secrets are essential for any successful business. Lot of lessons to be learned not only by other IPL franchises but also businesses in general.

RR success will be a good case study for B School.

Mr. Mallaya and others now have a blue print. All you have to do in execute on that.