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 ...
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