Tuesday, February 18, 2003

File this one away for future thought. What NASCAR can teach us about business (and politics.)

Both on the NASCAR track and in business success comes from mutually beneficial cooperation and the occasional competitive defection. The defections can be forgiven by all if they don't happen too often. But greed brings disaster.

As a sidelight, it also appears that the fear of failing (or losing) tends to be a major player in moral lapses. There is no reason to cook the books when a business is truly succeeding. The temptation comes when a business begins to fear that it is losing out to competition. (or when a driver is about to be passed.) This is especially true if it appears that the competition is exercising an unfair (or shady) advantage. If unchecked, dueling entities can slide into moral oblivion.

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