Leicester City’s business secrets as suggested by the BBC, well worth reading the full article but here are the main points (my comments below each bullet point):
1. No need to throw money at the problem
Always do the thinking before spending
2. Get the right team
And make sure they are all moving in the same direction
3. Create the right culture
See above
4. Do the maths
Accurate management information is critical
5. Create the right incentives
People will generally perform how they are measured
6. Remember your Mum’s birthday!
Remember life is not all about work
Management can be complicated and so it is good to be reminded to get the big things right and the rest will follow. I am a firm believer that a good strategy poorly implemented is far better than the other way round.
