The New England Patriots success is because they operate as the ultimate business

Bekow is a list of the 10 keys to the success of the New England Patriots. There are many lessons for operating a company in watching the Pats manage their team.

The New England Patriots Operate as the Ultimate Business

Anyone who has followed the New England Patriots over the last six years has to be impressed with how the team operates like a well-oiled business.  Yes, it's football, but the team uses many principles from business to ensure its continued success.  Here are some of my thoughts on what makes the Patriots so consistently good.

  1. They have figured out the underlying financial system.  Like a good investor, they have figured out how to play in the new salary cap era.  They understand how much money they have, how much they can spend, and what they can get for it. 
  2. They don't over invest in one asset that will damage their balance sheet into the future.  When a player gets too expensive, even if he is a solid contributor, they let him go.  Lawyer Milloy,  Deon Branch, and Adam Vinateri are examples of this.
  3. They make painful decisions that are ultimately beneficial.  This is related to point #2.  The cutting and trading of many key players often shocked the team and its fans but the Patriots sucked it up.
  4. They value team over individual.
  5. They value production over hype.  If you don't perform on the Patriots, you don't play.  Drew Bledsoe, one of the most popular players on the team lost his job to newcomer Tom Brady.
  6. Flexibility is key.  The Patriots value players, especially on defense, that can play different roles and different styles.
  7. They determine an opponents weaknesses and exploit them.  The Pats were two-TD underdogs to the Rams leading up to Super Bowl XXXVI but realizes the Rams were not physical and could be pushed around.  The Pats safeties and cornerbacks played physical and pushed them off their routes.  As a result, they were able to significantly slow the air attack and focus on stopping Marshall Faulk.
  8. They pick up talent inexpensively.  Their recent acquisition of Randy Moss is an example.  They have 1 year contract with the All-Star receiver in which they only pay him only $3 million and gave up a fourth round pick.
  9. They take measured risks.  The Patriots gambled on Corey Dillon and won big.  They are now gambling on Randy Moss and the expectations are that he has a reformed attitude and is ready to play.
  10. They focus on the present.  The Patriots focus each week on the game at hand.  Their philosophy is that each season is brand new, regardless of what happened in the previous season.  They, like everyone else, are starting in the dog-house until they prove themselves.

Sol Nasisi
Sol Nasisi: Sol Nasisi is the co-founder and a past president of BestCashCow, an online resource for comprehensive bank rate information. In this capacity, he closely followed rate trends for all savings-related and loan products and the impact of rate fluctuations on the economy. He specifically focused on how rates impact consumers' ability to borrow and save. He also has authored a wee

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Comments

  • ColtsFan

    August 04, 2007

    They also got extremely lucky. What if Bledsoe didn't get injured? What is the ref hadn't made that terrible call against the Raiders (tuck rule)? It all could be much different today.

  • Mike

    August 04, 2007

    Luck is a part of business. A big part.

  • Patsie

    August 04, 2007

    The Pats aren't going to win this year. You forgot about motivation. Belichek was the master at making his guys feel like underdogs and he got them to play hard. This year they're the favorites and will play lazy and choke. They're fat and happy, just like any big corporation.

  • Mass Market Tech

    August 04, 2007

    Interesting article. Thanks.

  • CHuck Cole

    August 04, 2007

    Luck is an understatement - that team has a horseshoe up it's butt.

  • Jbob

    August 05, 2007

    I'll take a horseshoe, as long as it's not from the Colts :).

  • Realist

    August 08, 2007

    Colts = 1 and done.....the worst roughing the passer call in playoff history wont hand Peyton the championship this year...

  • Pats#1

    October 09, 2007

    Uh, look who is undefeated. Excellent article. Couldn't have said it better myself.

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