{"id":11988,"date":"2013-03-26T13:00:10","date_gmt":"2013-03-26T17:00:10","guid":{"rendered":"https:\/\/smarttan.com\/news\/?p=11988"},"modified":"2013-03-26T10:23:10","modified_gmt":"2013-03-26T14:23:10","slug":"lessons-to-learn-from-march-madness","status":"publish","type":"post","link":"https:\/\/news.smarttan.com\/index.php\/lessons-to-learn-from-march-madness\/","title":{"rendered":"Lessons to Learn from March Madness"},"content":{"rendered":"

For college hoops fans, it\u2019s the most wonderful time of the year but for businesses, maybe not so much. Global outplacement firm Challenger, Gray & Christmas, Inc. estimates that $134 million in wages are wasted during just the first two days of the NCAA basketball tournament. But the good news is that there are some valuable business-related lessons to be learned from the tourney. An article from Young Entrepreneur, \u201cWhat Your Business Can Learn From March Madness,\u201d describes a few.<\/p>\n

    \n
  1. Underdogs win.<\/strong>\u00a0Every year, the tournament is highlighted by some major upsets, and this year is definitely no exception. For smaller businesses facing off against bigger competitors, this can provide great inspiration and a reminder that maximum effort typically ends with good results, no matter what the odds.<\/li>\n
  2. Working together works.<\/strong>\u00a0Every team in the tournament has talent, but the teams who are most successful are the ones with the right chemistry. The same principle applies in business.<\/li>\n
  3. Fun matters.<\/strong>\u00a0The tournament is a good reminder that taking some time to relax and enjoy life is important and will likely boost morale enough to benefit productivity and efficiency in the end.<\/li>\n
  4. Some moments really matter.<\/strong>\u00a0Once you\u2019re in the tournament, the past doesn\u2019t mean anything. It\u2019s a blank slate and anyone has the opportunity to be the champ. The lesson for companies and employees is to look past prior setbacks and focus on your goals for the future.<\/li>\n<\/ol>\n

    Click here to read the article from Young Entrepreneur.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    For college hoops fans, it\u2019s the most wonderful time of the year but for businesses, maybe not so much. Global outplacement firm Challenger, Gray & Christmas, Inc. estimates that $134 million in wages are wasted during just the first two days of the NCAA basketball tournament. But the good news is that there are some […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11988","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\nLessons to Learn from March Madness - Smart Tan News<\/title>\n<meta name=\"description\" content=\"For college hoops fans, it\u2019s the most wonderful time of the year but for businesses, maybe not so much. Global outplacement firm Challenger, Gray & Christmas, Inc. estimates that $134 million in wages are wasted during just the first two days of the NCAA basketball tournament. But the good news is that there are some valuable business-related lessons to be learned from the tourney. An article from Young Entrepreneur, \u201cWhat Your Business Can Learn From March Madness,\u201d describes a few. Underdogs win.\u00a0Every year, the tournament is highlighted by some major upsets, and this year is definitely no exception. For smaller businesses facing off against bigger competitors, this can provide great inspiration and a reminder that maximum effort typically ends with good results, no matter what the odds. Working together works.\u00a0Every team in the tournament has talent, but the teams who are most successful are the ones with the right chemistry. The same principle applies in business. Fun matters.\u00a0The tournament is a good reminder that taking some time to relax and enjoy life is important and will likely boost morale enough to benefit productivity and efficiency in the end. Some moments really matter.\u00a0Once you\u2019re in the tournament, the past doesn\u2019t mean anything. It\u2019s a blank slate and anyone has the opportunity to be the champ. The lesson for companies and employees is to look past prior setbacks and focus on your goals for the future. Click here to read the article from Young Entrepreneur.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.smarttan.com\/index.php\/lessons-to-learn-from-march-madness\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lessons to Learn from March Madness - Smart Tan News\" \/>\n<meta property=\"og:description\" content=\"For college hoops fans, it\u2019s the most wonderful time of the year but for businesses, maybe not so much. Global outplacement firm Challenger, Gray & Christmas, Inc. estimates that $134 million in wages are wasted during just the first two days of the NCAA basketball tournament. But the good news is that there are some valuable business-related lessons to be learned from the tourney. An article from Young Entrepreneur, \u201cWhat Your Business Can Learn From March Madness,\u201d describes a few. Underdogs win.\u00a0Every year, the tournament is highlighted by some major upsets, and this year is definitely no exception. For smaller businesses facing off against bigger competitors, this can provide great inspiration and a reminder that maximum effort typically ends with good results, no matter what the odds. Working together works.\u00a0Every team in the tournament has talent, but the teams who are most successful are the ones with the right chemistry. The same principle applies in business. Fun matters.\u00a0The tournament is a good reminder that taking some time to relax and enjoy life is important and will likely boost morale enough to benefit productivity and efficiency in the end. Some moments really matter.\u00a0Once you\u2019re in the tournament, the past doesn\u2019t mean anything. It\u2019s a blank slate and anyone has the opportunity to be the champ. The lesson for companies and employees is to look past prior setbacks and focus on your goals for the future. Click here to read the article from Young Entrepreneur.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.smarttan.com\/index.php\/lessons-to-learn-from-march-madness\/\" \/>\n<meta property=\"og:site_name\" content=\"Smart Tan News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SmartTan\" \/>\n<meta property=\"article:published_time\" content=\"2013-03-26T17:00:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news.smarttan.com\/wp-content\/uploads\/2022\/08\/Smart-Tan-Logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"520\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"smarttannews\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@SmartTan\" \/>\n<meta name=\"twitter:site\" content=\"@SmartTan\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"smarttannews\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.smarttan.com\/index.php\/lessons-to-learn-from-march-madness\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.smarttan.com\/index.php\/lessons-to-learn-from-march-madness\/\"},\"author\":{\"name\":\"smarttannews\",\"@id\":\"https:\/\/news.smarttan.com\/#\/schema\/person\/722dc7049af55e0ed743d67ce9ed4819\"},\"headline\":\"Lessons to Learn from March Madness\",\"datePublished\":\"2013-03-26T17:00:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.smarttan.com\/index.php\/lessons-to-learn-from-march-madness\/\"},\"wordCount\":256,\"publisher\":{\"@id\":\"https:\/\/news.smarttan.com\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.smarttan.com\/index.php\/lessons-to-learn-from-march-madness\/\",\"url\":\"https:\/\/news.smarttan.com\/index.php\/lessons-to-learn-from-march-madness\/\",\"name\":\"Lessons to Learn from March Madness - Smart Tan News\",\"isPartOf\":{\"@id\":\"https:\/\/news.smarttan.com\/#website\"},\"datePublished\":\"2013-03-26T17:00:10+00:00\",\"description\":\"For college hoops fans, it\u2019s the most wonderful time of the year but for businesses, maybe not so much. 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Fun matters.\u00a0The tournament is a good reminder that taking some time to relax and enjoy life is important and will likely boost morale enough to benefit productivity and efficiency in the end. Some moments really matter.\u00a0Once you\u2019re in the tournament, the past doesn\u2019t mean anything. It\u2019s a blank slate and anyone has the opportunity to be the champ. The lesson for companies and employees is to look past prior setbacks and focus on your goals for the future. 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