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Garo Yepremian died this past week. For anyone who grew up watching National Football League (NFL) games in the late 1960s or 1970s; this was a name quite familiar to you even if you had trouble pronouncing it. Yepremian was a left-footed field goal kicker who went from the heights of glory such as once kicking six field goals in one game and ending the NFL’s longest game; the Miami Dolphins-Kansas City Chiefs 1971 playoff game which he won with a field goal in the second sudden death overtime. Unfortunately it is not these achievements that he is best known for. That rather ignominious distinction was when he had a field goal blocked in the 1973 Super Bowl against the Washington football team; then picked it up and tried to pass it only to have it slip from his hands into the arms of Mike Bass who ran it in for a touchdown. The score changed a one-sided game from 14-0 Dolphins to 14-7 and put their undefeated season on the line for the remainder of the game. Fortunately for posterity and Yepremian, the Dolphins held on to complete the NFL’s only undefeated season.
I thought about Yepremian, his gaffe and the fact he grew up in Cyprus playing soccer when I read a recent article in the Financial Times (FT), entitled “Game of talents: management lessons from top football coaches”, where Mike Forde and Simon Kuper wrote about how “football [soccer for you Yanks reading this blog] coaches grapple with egos, tantrums and rivalry. Business could learn a lot from them.” This is because talent management is a key component of any successful organization and none more so than on a soccer team where “Football managers are, above all, talent managers.” The article had some interesting insights for the Chief Compliance Officer (CCO) or compliance practitioner which I believe could be helpful when dealing with large egos found in any business organization.
The authors note, “Talent management has been a business obsession at least since 1997, when the consultancy McKinsey identified a “war for talent.”” As a CCO you should certainly consider these issues in managing your compliance function. However I believe the concepts laid out by Forde and Kuper work for the broader corporate world as well. If you are going to use you influence throughout the organization, you should consider incorporating these techniques into your skill set.
Visit the FCPA Compliance and Ethics Blog, hosted by Thomas Fox, for more commentary on FCPA compliance, indemnities and other forms of risk management for a worldwide energy practice, tax issues faced by multi-national US companies, insurance coverage issues and protection of trade secrets.
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© Thomas R. Fox, 2015
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