When Leadership Needs to Make a Change
Drama in the Americaâs Cup is an opportunity for leaders to think twice about their business plans
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Feb 26, 2021
The New York Yacht Club/American Magic syndicate was eliminated from the Cup after four straight losses to Luna Rossa Prada Pirelli.
Sailing energy / American Magic
Sports teams are in many ways like business teams. And the highest-profile sailing competition, the America’s Cup, is a unique team event that brings together boat design and crew work in pursuit of the world’s oldest international sports trophy. Spending $150 million on a multiyear effort is the latest benchmark, and for all but the winning team, the sting of defeat is brutal and raises questions.