1. Why Hiring a Superstar Won't Improve Your Business

    Why Hiring a Superstar Won't Improve Your Business
    From Alexandra Levit: I don’t follow baseball. So I was surprised when I got sucked into a recent Harvard Business School article by Carmen Noble detailing Red Sox general manager Theo Epstein’s two-year campaign to acquire star performers with extraordinary multimillion-dollar, multiyear contracts. The piece describes one of the most expensive talent hunts in baseball history, starting with the signing of veteran pitcher John Lackey from the Anaheim Angels. Other high-profile hires followed, and baseball aficionados hailed the 2011 Red Sox as one of the greatest teams of all time. To say the team didn’t live up to expectations would be an understatement. In September 2011, the ...
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