Wednesday, May 8, 2013

Alex Ferguson’s managerial lessons stretch far beyond football

Despite his success, Sir Alex never kidded himself that he knew everything

After his managerial triumphs in Scotland, he could have decided that Man Utd’s club culture was rotten and in need of uprooting. He could have stormed in like a bullying egomaniac chief executive. But he didn’t. Instead he spent his early months at Old Trafford interviewing people, from window cleaners and supporters to legendary former players, trying to understand the club’s values.


But nobody can replace Sir Alex. Stefan Szymanski, economics professor at the University of Michigan, has compiled a “Soccernomics index” of overachieving managers in England: the men who reached the highest league positions relative to their clubs’ wage budgets from 1974 to 2010. Sir Alex ranks second in the index, after Liverpool’s Bob Paisley.

In short, the Scot adds exceptional value to his teams. This became most apparent from 2003, when first Chelsea and then Manchester City began outspending Man Utd on wages. Sir Alex’s team have still won five of the past seven Premier League titles. No successor is likely to match that. Man Utd must now expect decline.

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