Sunday, January 14, 2024

Never underestimate the power of trust...


·      Winning doesn’t start by focusing on winning.

·      It starts with building trust.

 

Watching the NFL playoffs this weekend, there was a focus on the way teams win: it’s doesn’t start with setting a goal of winning the championship, but rather by building a team around purpose and trust. It’s a story repeated over and over about the making of strong teams, both in sports and in business. When we started Wynn Resorts, the challenge was building a new team – while we were fortunate to attract great people, they hadn’t worked together previously. We took a page out of winning sports teams and built from the ground up, focusing on developing trust in each other. On people believing they couldn’t succeed alone. And that led to a strength that everyone believed in and supported and benefitted from. It works in every kind of team. Find ways to build and reinforce trust in your team today.

 

Patrick Lencioni (born 1965): American author of books on business management, particularly in relation to team management (The Five Dysfunctions of a Team).

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