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I have always felt like any business that pursues an opportunity solely for the sake of...

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Operations Management

I have always felt like any business that pursues an opportunitysolely for the sake of money will have a hard time succeeding. Istrongly believe that you need to have a more complete \"Why\" aroundwhy you are doing something.

Personally I think the examples in the NFL case bear this out.The MLB and the NBA could say something like: \"Yes we want to makemore money, but we really want to expand the profile of our gamewhere there are already people playing the sport, and this willhelp us keep our position as the best league for this sport in theworld.\" The NFL didn't have that, and only went after money (notincluding the recent past). I think their struggles to expand showthat your businesses expansion decisions should be driven by a\"Why\" that has nothing to do with profits, and AFTER you haveanswered that question you can worry about profits.

What are other's thoughts?

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3.9 Ratings (781 Votes)
A Thumbs Up Would be really helpful for me If you have any questions please leave a comment and I will get back to you as soon as possible Yes I think that statement is right because if any business organization focusing only on making a profit will face some kind of problems like not be they could    See Answer
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