Many teams in the NBA are taking a new strategy — tanking, which is when a team doesn’t do anything to win to get a higher draft pick for the following season. But this is an odd concept for business owners, The Atlantic reported, but there’s a lot businesses can learn from it.
“In basketball and in business, big changes are sometimes warranted,” The Atlantic reported. “But too often, splashy moves are made because they’re splashy — and because making one big bet is easier than making lots of small, hard decisions. The big lie about tanking is that it’s a prudent long-term strategy, when in fact it’s just another get-rich-quick scheme.”
- How one woman unplugged from technology for...
- What it takes to be middle class in each state
- Renovation Solutions: 5 signs it is time to...
- Joseph Cramer, M.D.: A different view of the...
- It can cost you $12,000 a year to buy...
- Kids learn the ABCs of managing money
- Why college matters more today than 20 years ago
- Dave Ramsey says: Don't be ashamed of...
- Dave Ramsey says: Don't be ashamed of... 17
- What could McDonald's do to fix its... 11
- How one woman unplugged from technology... 6
- Joseph Cramer, M.D.: A different view... 6
- It can cost you $12,000 a year to buy... 4
- Why McDonald's is still a powerhouse,... 1
- Sales at Taco Bell, KFC help Yum top 1Q... 1
- US home sales bounced back in March,... 1