Selection Sunday is behind us and March Madness has begun! During the coming weeks, 68 teams will compete for college basketball's biggest prize. Even if you’re not a college basketball fan, there are valuable business lessons you can learn from March Madness. Effective sports franchises, like effective companies, strictly adhere to strategies that will increase their chances of success. Here are four lessons from March Madness that can help you run a better practice.
Robert Sofia is the COO and co-founder of Platinum Advisor Strategies, a web-based marketing and consulting firm to financial advisors nationwide. For more information, visit www.platinumstrategies.com.