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october-2009

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078 BUSINESS<br />

THE CLOSING BELL BY JACK GUINAN<br />

BIZ TIP<br />

PRESSED<br />

FOR SUCCESS<br />

For last-minute business<br />

trips, quickly sorting,<br />

folding and packing<br />

clothes can be tough.<br />

Enter the Luggage-Free Valet<br />

from Garde Robe (www.garde<br />

robeonline.com), a wardrobe<br />

storage and valet service that<br />

will keep a “satellite” closet for<br />

your clothing and accessories in<br />

a climate-controlled New York<br />

City loft. You request items by<br />

phone or on the website from<br />

your cyber closet, and they’ll<br />

ship them to your hotel in readyto-wear<br />

condition (with a return<br />

shipping label). So instead<br />

of worrying about packing a<br />

suitcase and wrinkling your<br />

clothes, you can dedicate all<br />

your energy to closing that deal.<br />

(Rates start at $350 per month.)<br />

GO MAGAZINE OCTOBER <strong>2009</strong><br />

Playing to Win<br />

HOW A LOCAL TV STATION<br />

BECAME THE BIGGEST NAME<br />

IN THE GAME<br />

Faces painted in team colors, people<br />

shouting at the top of their lungs for their<br />

favorite players—sports fans are among<br />

the most loyal and dedicated audiences in<br />

the world. Yet back in 1979, if you weren’t<br />

at the game, there were few options to<br />

watch the action on TV, beyond mere<br />

minutes of highlights on the evening news.<br />

That all changed when a small group of<br />

sports fanatics led by Bill Rasmussen began to show Connecticut college sports and New<br />

England Whalers’ hockey on leased satellite space, creating the Entertainment and Sports<br />

Programming Network, better known as ESPN. The network, which is celebrating its 30th<br />

anniversary, has since become synonymous with sports media.<br />

Anthony F. Smith, managing director of Leadership Research Institute, has been a<br />

consultant at ESPN for more than 20 years and is the author of ESPN The Company: The<br />

Story and Lessons Behind the Most Fanatical Brand in Sports. Here, Smith shares some of<br />

the secrets behind its success.<br />

Avoid the myth of single-person leadership.<br />

“Leadership is really a shared phenomenon. One of the things that ESPN picked up pretty<br />

quickly is that while each executive has been very strong in their own way, they needed to<br />

surround themselves with other effective people who could fill in areas where they were<br />

not as skilled.”<br />

Hire passionate employees.<br />

“Even if you manufacture cardboard boxes, [employees]<br />

should be fanatical about something, whether it<br />

be the job, the opportunities in the cardboard factory<br />

or the fact that they have a great boss. If you’re working<br />

for an unglamorous business and it’s hard to get<br />

excited about the product or the content, you better<br />

have great people.”<br />

Take risks and reward the effort.<br />

In 2006, ESPN launched the Mobile ESPN phone, a cell<br />

phone that offered access to games and sports news at<br />

all times. The business was more complicated than they<br />

expected, and the Mobile ESPN phone was shut down<br />

less than a year later.<br />

“When [former CEO] George Bodenheimer said that we were closing down the phone<br />

business, he also said, ‘This was a wonderful effort and that’s exactly what makes ESPN<br />

what it is,’ and he really went out of his way to reward the effort. If you say, ‘I want people to<br />

take risks,’ and then fire the guy if the outcome fails, it becomes clear how your organization<br />

really feels about risk. ESPN really pushes all of its people to think outside the box.”<br />

PRESSED FOR SUCCESS ILLUSTRATION BY TIM VIENCKOWSKI

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