The Unintended Consequences of Your Decisions

Personnel decisions can be some of the toughest a manager will make. What are the attributes you should look for when building a team?

In this episode of All Else Equal, professors Jonathan Berk and Jules van Binsbergen interview former NBA general manager Billy King about how he approached player evaluation. Statistics are an important measure of performance, but King says he also tried to assess how individual players made the players around them better.

King invokes the philosophy of his mentor, Duke University head coach Mike Krzyzewski, who taught the power of teamwork. Punching a wall with five separate fingers would have little effect, “but if you make those fingers into a fist, you’re going to have a better impact,” King says.

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All Else Equal: Making Better Decisions Podcast is a production of Stanford Graduate School of Business and is produced by University FM.

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