A
new kind of playbook
Kellogg
School’s NFL Player Development Program again brings
together star athletes, academics and entrepreneurs for three
days of intensive brand building and leadership
By
Aubrey Henretty
April
10, 2007 - Suppose, said Kellogg Professor Daniel Diermeier
from the front of a James L. Allen Center classroom, you’re
running a company and disaster strikes. Your product is defective
— or worse, someone gets sick or hurt by it. Your brand
equity is on the line.
“You
have precisely one day to fix this,” Diermeier said.
Diermeier,
the Kellogg School’s IBM Distinguished Professor of
Regulation and Competitive Practice, delivered a series of
valuable lessons in brand defense to a group of students for
whom the word “defense” carries a whole other
meaning. For the second consecutive year, Kellogg partnered
with the NFL and the National Football League Players Association
for a three-day executive education program for NFL athletes,
held April 2-4 at the Allen Center. More than two dozen professional
football players, including quarterback Brian Griese of the
Chicago Bears, defensive lineman Luis Castillo of the San
Diego Chargers, quarterback Brett Basanez of the Carolina
Panthers, and linebacker Napoleon Harris of the Kansas City
Chiefs, participated in the NFL Player Development Program:
High-Growth Entrepreneurship. (Castillo, Basanez and Harris
are all Northwestern University alumni.) The intensive program
focused on developing and selling a brand and evaluating franchise
opportunities, with nine distinguished Kellogg professors
offering participants insight into critical business areas
such as entrepreneurial finance, business plan development
and business leadership.
Diermeier’s
class provided a strategic framework for defending a brand
that’s under fire. “There are four main things
you need to hit in the first 24 hours” after a nasty
PR blitz, he said: transparency, expertise, commitment and
empathy with the victim.
If company
executives fail to cover that ground properly in the crucial
24 hours following the incident, said Diermeier, they may
believe mistakenly the trouble is over: “Two days later,
the CEO says, ‘Great! We’re out of the headlines.’
Yeah. That’s great. You’re out of the headlines,
but what’s the last image people have in their minds
of your company? Rats running around in your restaurant.”
Diermeier
also cautioned against defensive defenses such as going on
about your company’s great track record for safety after
someone’s safety is compromised. “If you talk
about your safety statistics, you’re right down here,”
he said, indicating an undesirable area of the graph on a
presentation slide, near the intersection of low social significance
and low audience interest. “You’re a monster.
Somebody got hurt and you’re talking about safety statistics?”
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Kellogg
Professor Steven Rogers leads players through a case study
during the NFL Player Development Program. Photo
© Rich Foreman |
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Chicago
Bears quarterback Brian Griese was among the many players
to attend the NFL Player Development Program. Photo
© Rich Foreman |
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In the
evenings, students received crash courses from top entrepreneurs
over dinner at the Allen Center. Monday night’s speaker
was Chicago entrepreneur Peter Bynoe, who has negotiated the
construction of new sports stadiums all over the country,
including what is now U.S. Cellular Field, home of the Chicago
White Sox.
Bynoe,
who said watching his father “do well but also do good”
inspired him to be an entrepreneur, noted that young, untested
entrepreneurs face an especially rough road to success. “People
don’t come to you with the good deals” when you’re
inexperienced, he said. “They come to you with the bad
deals.”
Of course,
a skilled entrepreneur can turn even a bad deal into an opportunity.
The next night’s featured speaker, Wayne Huizenga, got
his start in what could have been the worst deal of all: garbage.
“I
didn’t know what I wanted to do, but I knew I didn’t
want to be in the garbage business,” said Huizenga,
who would later own transform movie rental giant Blockbuster
Video and several professional sports teams including the
Miami Dolphins. “Really, it was just three trucks in
a parking lot and I was the supervisor.” Nonetheless,
Huizenga took the job. By approaching the tiny garbage pick-up
operation as a rental business (e.g. placing rented waste
bins behind restaurants and emptying them for a fee), Huizenga
created Waste Management Inc., the largest company of its
kind in the United States.
For all
his successes, Huizenga said he’s still in the game:
“If you’re a true entrepreneur, you’ll work
for somebody for four or five years, and then you’re
out growing your business again.”
On the
final day of the program, the players pored over a case study
with Professor Steven Rogers, the Gordon and Llura Gund Family
Professor of Entrepreneurship and academic director of the
NFL Player Development Program.
Between
tough questions about the growth potential of the product
detailed in the case, Rogers, also director of the Kellogg
School’s Larry and Carol Levy Institute for Entrepreneurial
Practice, offered the players warm advice and cold, hard facts
about business, celebrity and the intersection of the two.
He acknowledged and confirmed the player’s common gripe
that special treatment for most athletes ends the moment they
retire, so he encouraged the players to take full advantage
of their current celebrity status by parlaying it into longer-term
prospects.
“Getting
someone to pick up your tab at a restaurant is nothing,”
Rogers said. “What you want is for someone to let you
work for their company for four weeks.” Just as a coach
doesn’t send a rookie into a game without any practice,
said Rogers, no one hires a CEO who lacks business experience.
He also
told students to keep their minds open. Though the program
was winding down, their business education was just beginning:
“Class doesn’t end at 12 o’clock. As far
as I’m concerned, you’re students for life.”
Noting
the program’s rigorous agenda that included up to 14
hours of classwork, group study and informal interaction each
day, Rogers said: “If they wanted a vacation, they didn’t
need to come here. It is our expectation that these players
will want to become more prominent businessmen.”
Brian
Griese was among those who sounded eager to do just that.
“I
would love to be a social entrepreneur,” said Griese.
“Working, using my resources and leveraging [my position]
to help others.” |