Manage Like Sir Alex

FergieSir Alex Ferguson is the most successful coach or manager in the history of professional sports.  Before retiring this past May, Ferguson was Manchester United’s manager for 26 seasons, during which he achieved unprecedented success. During his tenure, the club won 13 English league titles along with 25 other domestic and international trophies, including two Champions League titles, and changed the face of professional football. In 2012, Harvard Business School professor Anita Elberse had a unique opportunity to examine Ferguson’s management approach and developed a Harvard Business School case study around it. She and Ferguson have also collaborated on an analysis of his enormously successful management methods. A review of it — together with two Ferguson autobiographies (see here — I have an autographed copy — and here) and watching carefully as a football fan over many, many years — has revealed some excellent guidance from Sir Alex with respect to all aspects of management, even money management.  I will focus on five. Continue reading