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Going for Gold – Part Two

Going for Gold - Part 2 - SwimmingGoing For Gold – Part One discussed the lessons from the Olympics and the U.S. Gymnastics Team which are applicable to your business. Here is the link to the article Going For Gold – Part One if you missed it.

Going For Gold – Part Two is about the medals and the athletes in the Olympics. How does this translate into a consideration for how you run your business?

In terms of Medals for events there are what maybe around three hundred medals in total? Let’s say four hundred to be safe. Then for Gold Medals there would be around one hundred and thirty two? Meanwhile there are close to twenty thousand athletes competing in the Olympics!

Does the odds of winning a Gold Medal stop an athlete from competing?

No not at all! In fact take look at swimming or track as an example…the difference in time between the Gold Medal Winner and the next three athletes is usually very close. In fact in one race, the Men’s 100 Meter Butterfly with Michael Phelps there was a three way tie for the Silver Medal! While the Gold Medal winner Joseph Schooling finished fractions ahead.

GOLD       Joseph Schooling – Singapore   50.39

SILVER   Michael Phelps – USA               51.14

SILVER   Chad Le Clos – South Africa     51.14

SILVER   Laszlo Csen – Hungary             51.14

Everyone – every single athlete and team who made their way to the Olympics represents the best in their chosen event. No one is giving up in their effort to win a Gold Medal or a Silver Medal or a Bronze Medal.

How does this translate to your business? In whatever type of business you are involved in you should always strive to be the best! The best at what? My thought is that your model should begin with the best experience for your customers and clients. This should be your starting point. Then move into the competition in your space or your market if you will. Who are your competitors? How do you stack up? Are you measuring yourself against your equivalent competition? Quite possibly the keyword here is ‘measuring’.

Are you measuring on a regular basis the key elements of your business and then making the corrections necessary to improve these numbers?

Another key element is even if you are not the number one in your market you keep working to become the best. What type of award do you strive to win in your region?

Do you know what the awards are which may be attainable? The ability to make it to the final round of selection for an award is often quite an honor.

If you are ready to work with Mitch to review your business with you and help you to become the best at what you do in your market click here.

Mitch Tublin is an advanced certified coach, trainer and speaker based in Stamford, CT.

Going for Gold – Part One

Who is Going For Gold today?

Going for GoldIs anyone watching or at least checking in on the RIO 2016 Olympic Games at various times each day? This is definitely the topic of conversation in person, at the pub, at home and definitely online.

NBC Universal has more options available for streaming or watching events on TV at all different times than in any previous Olympic broadcast. It seems like the hours of coverage are non-stop.

While enjoying the competitions and the Rio De Janeiro scenery and the various story lines do you ever consider what business lessons are available from the Olympics that you are able to bring into your company?

Let’s take a look at the U.S. Women’s Gymnastics Team. This week it is clear these women, calling themselves the Final Five, are setting margins of victory as they secure their Gold Medals that are historic in the sport of Women’s Gymnastics.

Let’s go back to the early 2000’s. The U.S. Women’s Gymnastics Team was in turmoil.

The various personal coaches were squabbling with each other. Each gymnast and their entourage were certain there was an ‘I’ for them in the U.S. Team. The concept of a consistent process or system for everyone to follow was nonexistent.

In case you never heard this from a coach – “There is no “I” in “Team”.

Now enters Martha Karolyi who is given the title, support and the freedom to create what it would take to make the U.S. Women’s Gymnastics Team a great one once again.

Begin with this in mind, she had a vision of where she wanted this program to go. She knew what had to happen for this vision to take place. The road was not a paved highway right to her goal. There were obstacles, naysayers and people who did try over the years to bring her down. It’s a funny thing how success repeated over and over will quiet down your critics.

Here is how Karolyi started out. She met with all of the gymnasts and set their expectations. Like clockwork everyone was being held accountable each month at training camps specifically set up to check in and see where everyone was and were they in fact showing progress or not. By itself this was major progress. The other benefit is the gymnasts began to develop into a team through the chemistry created by spending the time together each month at the training facilities. Then the barriers fell away between the coaches and their individual issues with each other as they saw what was taking place.

In one year the results were seen in competition after competition as the team won medals consistently. The U.S. Women’s Gymnastics Team in London in 2012 was Going For Gold and did so in great style. This Final Five U.S. Women’s Gymnastic Team in RIO2016 has taken Martha Karolyi’s vision to a whole new level.

Do you see one or more items you might be able to bring into your organization from this story?

  • set expectations
  • create accountability
  • communicate
  • form a process and a system
  • have the control and the support of the top people to do what needs to be done
  • mold a culture in your image
  • what else?

Are you interested in having Mitch come into your organization and work with you and your team as you are all Going For Gold? –> CLICK HERE <–

Mitch Tublin is an advanced certified coach, trainer and speaker based in Stamford, CT.

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Make A Difference Every Day!

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A few months ago a local landscaper, he may have been close to eighty years old, passed away. He was still actively working his craft. Lawn care and shrubs were his specialty. He was once heard to say, a few weeks before his death, if he stopped working he would probably die within a few weeks. […]

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What Fires You Up?

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If you are living and breathing and not flat lining – What Fires You Up? Seriously, take a moment and note in the comments section for this article. What fires you up? Here is the thing – and be really thankful for this – we are not all the same! We are all different! We all have […]

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