6. The Pareto Principle and Drafting Mistakes

There is no “I” in team.

This one sentence captures the essence of teamwork. Teams are more likely to succeed when each team member places the group ahead of himself or herself. This ethos often leads people to conclude that individuals don’t matter on a team. In essence, a team is a community of equals.

When we think of the NBA, though, it’s clear that everybody isn’t equal. Players like Magic Johnson, Hakeem Olajuwon, Tim Duncan, and LeBron James are not “just as good” as everyone else on their respective teams. There simply is a significant disparity between the productivity of these players and the productivity of their teammates.

The Pareto Principle and Losing to Win

This disparity can be ...

Get Stumbling On Wins: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.