FIFA World Cup 2018 holds Lessons for Successful Team Building
By: Spire Research and Consulting
As World Cup fever draws to an end, the game lived up to its hype with breath-taking goals and outstanding performances. Perera highlighted the role of team effort over mere individual talent, which was evident in the early failure of teams with world-class superstars like Argentina and Portugal.
Perera also pointed out the importance of investing in new talent pipeline development, which paid rich dividends for France, the winning team and also one of the youngest teams in the World Cup.
The game also highlighted the role of risk-taking. A relentless approach to attack and score goals, rather than being primarily defensive, characterized the performances from France and Croatia, the two Finalists. No business can cost-cut and risk-manage its way to growth. Ultimately bold growth strategies need to be developed and executed.