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Melbourne, Victoria, Australia
Born in the mid 1950's and raised in a very small country town situated in Northern Victoria. Resident of Melbourne since 1980 and happy to stay living in one of the world's most liveable cities. You can view my professional profile at http://www.linkedin/in/danielwatson

Sunday, January 31, 2010

Federise your Business for Ultimate Success

Living in Melbourne, the home city of the 2010 Asia Pacific Grand Slam of Tennis, otherwise known as the Australian Open, it has been hard to escape the blanket exposure Roger Federer has received over the last two weeks, as he has danced his way to yet another Grand Slam Final.

Whilst I have always been conscious of the growing legend that Roger Federer is creating as his career trajectory continues unabated, the statistics rolled out in the local media throughout the last week or so, and the ever growing list of records he is breaking or simply extending further, are simply breathtaking.

Taking in his clinical approach to winning his semi-final the other night, I began to wonder what lesson for business success could be found by analysing the real essence of Roger Federer.

This article is being written and will be published prior to Roger playing off in the final this evening against the great British hope Andy Murray, but the outcome of this single match will not change the person that Roger has become, or the success of brand Federer, other than creating more records, should he be successful.

Amazing as it may seem, the essential essence of Roger Federer and his keys to achieving unbelievable sporting and financial success, can be found in words starting with the letter P.

So here is a comprehensive list of the secrets to business success, as distilled from the exploits of one supreme sportsman, using only words commencing with the letter P.

Apply the lessons of each of these P elements to your business, and watch it take on a new life.

1)      Preparation
Roger never comes to a tournament unprepared to go the full distance. He leaves nothing to chance and reliance on luck has never been his approach. His fitness has always been a key element of his success, and he has employed the best to ensure that it stays that way.
2)      Practice
Roger is the ultimate example of practice making perfect, the ease at which he executes his strokes, moves around the court, anticipates opponent’s moves and clinically steps up to a higher level whenever necessary, screams out hours and hours of practice and continual refinement of technique.
3)      Participation
Roger is a participant in the wider world of tennis other than just participating as a player. His voice is respected and he gives his time to advancing the interests of all professional tennis players. His approach should see his “tennis career” extend well beyond his playing days.
4)      Performance
Roger is the ultimate performer. He always brings his A game to the court and spectators know that regardless of whether or not the match is competitive, they will observe a master in action, and leave with a finer appreciation of what it takes to succeed at the highest level.
5)      Professionalism
Roger and professionalism go hand in hand, which is a lot more than can be said of all of his contemporaries. Has there ever been a more professional sportsperson. I doubt it. Long after matches are over, Roger is still giving media interviews which he conducts in English, German and French, respecting the needs of various media organisations.
6)      Persistence
Roger is nothing if not persistent. He waited a number of years before achieving his first success at Grand Slam level, and once having tasted success, he has persisted with all of the work required to maintain ongoing success, in a highly competitive environment.
7)      Personality
Roger is regarded as one of the nicest people to ever compete and succeed consistently at the highest level of his chosen sport. His personality is also his brand, and surely brand Federer, is now one of the most valued brands going around. The brand reflects the person and the personality continually adds value to the brand.
8)      Posture
Roger walks on to the court and no-one is in any doubt that he is there to do the business of winning. Off court his posture is one of co-operative endeavour to assist those who support the periphery of the world that he inhabits as he plies his trade. His standing outside the tennis world continues to grow, and his work with his own foundation supports this growing respect.
9)      Pride
Roger takes great pride in his achievements but suppresses the temptation to let his ego become rampant as a consequence of climbing many tall mountains on the way to where he is today. He now plays for his place in history as the best male tennis player to ever play the game.
10)   Projection
Roger projects the expectation of being successful in all of his tennis endeavours and whilst this may be intimidating for opponents he does not overtly set out to intimidate lesser opponents. None the less, he always projects the intent that winning is his sole objective when he steps onto the court.
11)   Power
Roger exercises power in a controlled and deliberate manner. His power comes from both his physical prowess and well developed techniques and from his status as a champion of his chosen field. He has not been known to use his power unwisely or inappropriately in any endeavours on or off the court.
12)   Promotion
Roger quietly and judiciously, continually promotes both his own brand and the sport which has richly rewarded him, over the years. He is now assiduously promoting his own foundation, and during the current Grand Slam, he used his promotion skills to raise considerable funds for the people of Haiti.
13)   Patience
Roger is now clearly a patient man. Success did not come immediately to him, he was somewhat petulant in his earlier days, and seen to be in a hurry but now is approaching statesman status, whilst continuing to compete successfully at the highest level.
14)   Perfection
Roger will dispute this, but in the eyes of tennis players and supporters worldwide, Roger Federer is as close to the perfect tennis player that anyone is ever likely to see in their lifetimes. He is blessed with natural talent, but has carefully honed this talent on a consistent basis for over ten years, to reach that state of perfection.
15)   Predictability
Roger created a new record this week in reaching his 23rd consecutive Grand Slam semi-final. Tournament organisers, the media, the paying spectators and many other stakeholders have benefitted from this predictability over the last 5 years. No other player gets close in terms of predictability, and few would ever bet against Roger before a semi-final.
16)   Profitability
Roger has redefined tennis as a business and is probably one of very many who treat it as such. His predictability as demonstrated above ensures consistent cash flow and avoids the peaks and troughs of revenue generation. Brand Federer continues to grow in value and it would be impossible to estimate the earnings potential of this brand over the next twenty years or so.

There you have it, sixteen words, each starting with the letter P, which defines why Roger Federer experiences a level of success which, others only dream about. As a business owner you can learn valuable lessons through assessing yourself and your business against such precise benchmarks.

How do you and your business measure up?

Where can you take action using these lessons to grow your business to a new level?

Do you have what it takes to climb your personal mountains?

2 comments:

Jim Matorin said...

Great tag, Federise your business.

terraverde said...

I like this, very clever.