Management Wisdom From the New York Yankees' Dynasty
Chapter One
Cultivate Ownership
Values from the Top Down
Winning owners have characteristics and behaviors that set them apart from
their peers. Most Yankee owners brought an opportunistic spirit to the team
and added their special touch to enriching the Yankee tradition. Starting with
Jacob Ruppert, we examine the entrepreneurial behaviors that translate into
creating a winning culture. These owners were successful in influencing
team results through the selection of a management staff built on ownership
principles and by shaping player behaviors on and off the field. They managed
to instill in all employees the desire to win. All employees become an
integral part of achieving organizational success; they are "empowered owners."
All employees of the Yankee organization are expected to embrace the
principal owner's values and competencies, which are passed down through
the executive office and field (first-level) manager.
Top of the Heap
The success of the Yankees, like the success of any business organization,
begins with its ownership structure. The Yankee system of
ownership functions on two levels: the lega ... read full excerpt from Management Wisdom From the New York Yankees' Dynasty: What Every Manager Can Learn From a Legendary Team's 80-Year Winning Streak ebook
