Raul J. Fernandez
Entrepreneur, sports teams owner

Raul J. Fernandez

Chairman of ObjectVideo, a private technology firm, and part owner of the Washington Capitals, Wizards and Mystics.

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Ties that bond

Q: How much does achieving success rely on luck vs. skill? This week a Western Maryland lumberjack named Darvin Moon won $5 million in the World Series of Poker. He insists he is no more skilled at cards than any recreational player. What do you think?

In every industry there are examples of one-hit wonders where timing and luck work their magic. But in the long run, that strategy unfortunately is not scalable or easy to replicate! Most people I have worked with would agree that there is no substitute for hard work, perseverance and teams bonding around a common goal.

As a team comes together, there are certain leaders who are pivotal players. A coach or manager building alliances and trust with those key players is actually one of the most critical ingredients for team success.

When a team competes in business or in sports there are always highs and lows. Rarely do you see a group consistently execute without making mistakes, many of which could or should be avoided.

An outside leader such as a coach or manager can only yell so much before it falls on deaf ears. That's where the relationship between a manager and a team leader makes a difference. That team leader can a set a tone, he can personally demand more passion, commitment and focus from his teammates in a way that no coach or manager can match.

So it's not so much luck or skill, it's more about building the right relationships that will lead to all team members elevating their game.

By Raul J. Fernandez  |  November 13, 2009; 8:37 AM ET  | Category:  Skill versus Luck Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati  
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