Franz Beckenbauer and Leadership in the Business World
The news of Franz Beckenbauer’s death yesterday saddened me, as it did every football fan over a certain age. If asked to write the all-time ideal football team, he would always be the unchangeable player in my squad, the unique libero!
May his soul rest in peace.
“Der Kaiser,” or “The Emperor,” as Franz Beckenbauer was nicknamed, should not only be remembered as a legendary figure in football. I believe his career holds lessons for the business world (especially for leaders or those who pretend to be leaders).
Beckenbauer, born in 1945 in Munich amidst the ruins of World War II, embarked on a journey from being a young, local player to becoming a national team captain and coach (let’s underline that he is one of the very few footballers to taste World Championship with both titles), to winning dozens of cups for his birth city and climbing to the highest ranks in football management. His magnificent journey can shed light on corporate leaders as well.
- Mastering the Art of Defense and Risk Management
When you think of Beckenbauer, you think of his role as a libero, and everyone agrees he revolutionized this position. His foresight and intelligence in reading the game and cutting off attacks can be likened to a CEO’s ability to anticipate market changes, find solutions in areas where the competition is superior, and reduce risks. This proactive approach plays a key role in ensuring stability and continuity in both arenas.
- Visionary Playmaker – Strategic Planning and Execution
In football, a forward-thinking playmaker sees the entire field and makes strategic passes that others cannot predict or execute. Beckenbauer was a master in this regard. In boardrooms, this equates to strategic planning and execution. Business leaders, like Beckenbauer, should have the foresight to develop long-term strategies and the skill to implement them flawlessly, often turning challenges into growth opportunities.
- Building a Winning Team – From Recruitment to Motivation
Der Kaiser’s skill in team building is legendary. Selecting the right players, motivating them before matches, and positioning them according to their strengths on the field… Here’s another characteristic that can be directly applied to corporate leadership! Hiring the right talent, placing them in roles where they can succeed, and continuously motivating them are key to making a company successful and a desirable place to work.
- Adaptability – Evolving with the Game
Beckenbauer’s career is a testament to his adaptability. He smoothly transitioned from player to coach to executive, remaining relevant and effective. Business leaders should similarly evolve, adapting to technological advancements and changing market dynamics to ensure their organizations’ longevity.
- Grace Under Pressure – The Hallmark of True Leadership
One of Beckenbauer’s most respected qualities was his grace under pressure. He maintained his composure in high-risk matches, a crucial trait for the team to continue playing without panic. Business leaders also face their share of high-stress situations – market fluctuations, competitive pressures, adapting to sudden regulatory changes, internal challenges. Staying calm, making clear decisions, is what makes a good leader a great and reliable one.
- Leaving a Legacy is More Than Just High Profitability
Lastly, Beckenbauer’s image and the legacy he left to football fans go way beyond his trophies and awards. His impact on the evolution of the game of football is profound. The role model he provided for the youth is unparalleled. Similarly, in the business world, the true measure or greatness of a leader extends far beyond their experimental financial results or high EBITDA. It’s the story they write with their team, the culture they leave behind when they depart, the innovations they create and establish. These are the things that make leaders legendary, leaving lasting impressions on the entire team.
I hope leaders who are not just chasing profit but trying to write a beautiful story with their team can leave magnificent marks behind like Franz Beckenbauer did when they step down one day.