They didn’t need convincing to become fans. Exhibit an unshakable belief in people and they don’t want to let you down. You don’t have to look to business gurus or books for the Holy Grail. They were underdogs but we turned that to our advantage. We had to think more strategically and find unorthodox approaches to the game. Her father, They will connect with customers much more intimately. Ranadive's vision is based on reading the future of basketball businesses and creating computing solutions in India. Several years ago I took on the challenge of coaching my daughter’s middle school basketball team. We analyzed our opponents’ weaknesses and found most teams, immediately after scoring, retreat to defend their basket, giving their opponent the opportunity to inbound the ball to their teammate without pressure and execute a well-practiced play with precision. Hire smart people, give them the freedom to improvise and innovate, take advantage of their unique strengths. The typical rhythm of a basketball game goes like this: after a player scores, the other team has five seconds to inbound the ball. IE 11 is not supported. (Ron Burkle was initially part of the Kings bid, but backed out in April.). Vivek Ranadive, the founder and CEO of Palo Alto’s Tibco Software, once famously coached his daughter’s basketball team from Redwood City … That's why he joined another investor group led by business magnates Mark Mastrov and Ron Burkle, who were trying to buy the Kings. Rather than read off sheet music and march to the same beat, our team created its own sound, its own game. By Vivek Ranadivé. They won all their games and went to the championship. Speed, working together, the right attitude and thinking outside the box all can yield positive results no matter what business you’re in. Taus Rizvi is all ears Ranadive notice That I saw to be a missed opportunity. Lacking much skill, but we had to disrupt that flow. In Ranadive's words they were "little blond girls" who are the daughters of scientists and lawyers. We had a cheer that was all about the attitude, with a little humor – “1,2,3, attitude, ha!”, Related: What the NFL Taught Me About Being a Motivated Entrepreneur. He is known to be a very good father to his children such that at one time, he accepted to be a coach at a basketball team that his daughter was playing although he was not a basketball player just to encourage his daughter. Several years ago I took on the challenge of coaching my daughter’s middle school basketball team. He had missed the draft pick so his team was composed of the least experienced girls not picked by other dads/coaches. Whether you’re a CEO or a coach, there are a number of principles that apply to winning. And we won, a lot. For an optimal experience visit our site on another browser. When Ranadivé becomes the coach of his daughter Anjali ’s basketball team, he decides to behave as he would at work—in a calm, measured manner. Motivated and appreciated employees will do truly great work. The companies that win are finding new, innovative ways of providing for their customers and turning them into fans. Our team parents were our biggest fans who supported us at every game. These were girls who spent their time solving math problems and dreaming of becoming marine biologists, not playing sports. Related: What Being Punched in the Face Taught Me About Business. I had to take a number of morale-improving steps to show them that I believed in them and our strategy. They couldn’t shoot. Anderson Cooper: Your daughter's opponents, they just weren't used to playing basketball like this. The companies that take the unorthodox approach can break through and succeed. They learned the roles they each needed to play in this equation. Attitude is everything. These were 12-year-old girls with enough emotional growing pain in their lives. Tibco CEO Vivek Ranadive grew up in Mumbai, India, and had never touched a basketball in his life when he volunteered to coach his 12-year-old daughter's team in 2009. And in 2010, he was a basketball fan and jumped at a chance to join a team of investors buying the Golden State Warriors. Related: What My Father's Early Departure Taught Me About Business. I wanted to create a fun environment where the girls were motivated to work harder and smarter by the prospect of success, not by the threat of negativity. Vivek Ranadivé decided to coach his daughter Anjali’s basketball team although he knew nothing about basketball. Jazz musicians are often more courageous than other musicians. I let them name our plays. Rather than tell them how I thought the game should be played, I had to appeal to reason. I was pleasantly surprised, as were the girls, to find what helped me succeed in business worked to the basketball court, and vice versa. We went from last place to first place in new ticket sales. The girls didn’t come from athletic families. This is true at my company, as well. "We're building a new arena, which I personally guaranteed, and we're off to a great start. The challenge was how to leverage all the players in a way that would lead to victory. For starters, I never raised my voice at the girls. With Control4's Hot IPO, Cisco Turned $20 Million Into $40 Million, Greylock's Jerry Chen Wants To Become The Godfather Of A New VMware 'Mafia', Pennsylvania Kills An IBM Contract That's 3 Years Late And $60 Million Over Budget, EU sees carbon border levy as 'matter of survival' for industry, Oaktree, BlackRock Are Among YPF Creditors Organizing, Venezuela reopens flights to Panama and Dominican Republic, TC Energy shares fall on fears of KXL oil pipeline cancellation, Israel sharing COVID-19 data with Pfizer to help fine-tune vaccine rollout. "It can be played in cities, it can be played in villages. Enterprises should be taking an offensive stance and act on events in real time. It’s these companies that are more likely to turn customers into longtime, loyal fans that drive future revenue. Vivek Ranadive is determined to return the Kings back to that throne. Vivek Ranadivé:: No. David vs. Goliath. That makes them great. Vivek Ranadive (second from left) shares his ideas with with Kings coach Michael Malone. "I'm a single dad. Overtime. He never coached a girl’s basketball team, did not understand the game, and never even played the game before. VIVEK Ranadive was married to his wife, Deborah Addicott, but they divorced at an unknown time. Underdogs have to think outside the box. Anjali's basketball team wasn't experienced like other basketball teams, they couldn't shoot, or dribble. We had to play a full-court press, the entire game. Be a low-latency business. RANADIVE'S RELATIONSHIP TO basketball has never been conventional. Those other dads were "7-foot tall, ex-Stanford players," Ranadive recalls. A single father to three children, he volunteered to coach a middle school girls basketball team, in hopes of spending more time with his daughter … I did, and do, know how to run a business, however. Take advantage of that data to figure out what they want, when they want it, how they want it, and act on that in real time. So when Microsoft CEO Steve Ballmer and hedge fund magnate Chris Hansen wanted to buy another California NBA team, the Sacramento Kings, and move it to Seattle, the "the mayor called me" he said. Sometimes, the inspiration to improve your business can be found no further away than your local basketball gym. Typically, this goes uncontested. When it comes to winning, speed is everything. Enterprises should be doing the same. He faced difficulty in his education as the Indian government refused to give foreign currency for him to attend ed… They have faith in their ability to choose, create and dream. SACRAMENTO — Vivek Ranadive, the controlling owner of the Sacramento Kings, is a true believer. He became the team's vice chairman. Companies can turn customers into fans by finding better and more personal ways to engage with them. It all came together as a symphony but it wasn’t the structured music of a marching band like the other teams. That also makes a great company. by Malcolm Gladwell May 11, 2009 A non-stop full-court press gives weak basketball teams a chance against far stronger teams. He ran the app on Tibco's network, a huge realtime business-to-business network used by banks, insurance companies, hospitals, and airlines to send messages. Growing up in Mumbai, I was a huge cricket fan. When Vivek Ranadivé decided to coach his daughter Anjali’s basketball team, he settled on two principles. He believes in data. Rich countries, poor countries - you don't need a lot of space like you do with cricket or soccer."  But he was sharp. Basketball "is a sport that lends itself to that," Ranadive said of the globalization effort. The first was that he would never raise his voice. Over the last century, however, enterprises have evolved a more jazz band-like environment, embracing ambiguity, risk and adventure. Using his big data skills, and a team of coders that worked for Tibco, he built a social networking app for fans. We played more like an improvisational jazz band, agile, quick and adaptable to changes, resulting in a beautifully orchestrated force. I wanted to spend more time with her, and the team was without a … To execute a real, full-court press, my girls had to be fitter, faster and more aggressive than the competition. Just as there’s no reason our team should wait until the other team gets to our end of the court to start defending, there’s no value in receiving data that could increase a company’s sales a month after the event. First tryst with basketball. Kings owner Vivek Ranadive's plans for basketball's growth in India include preseason games in Mumbai, Delhi and a practice in front of the Taj Mahal, in addition to grassroots-level programs. No, in fact—the coaches were not used to playing that way. NEW ORLEANS -- Few people, if any, have a stronger desire to see the sport of basketball flourish in India than Sacramento Kings owner Vivek Ranadive. "That first day, I was terrified I was going to make a fool of myself. Together they were blessed with three children, namely; Aneel, Andre, and Anjali. SACRAMENTO, CA - APRIL 2: Sacramento Kings owner Vivek Ranadive and his daughter, Anjali Ranadive, entertain the fans during halftime of the Los Angeles Lakers against the Sacramento Kingsat Sleep Train Arena on April 2, 2014 in Sacramento, California. Speed Wins. The only problem was Ranadive had never even touched a basketball. A few years back, Ranadivé was asked to coach his 12-year-old daughter’s basketball team, even though he knew nothing of the game. When Vivek Ranadive decided to coach his daughter Anjali's basketball team, he settled on two principles. This would spark a love for the game that would eventually have him owning two professional teams, including beating out Steve Ballmer to buy the Sacramento Kings in May and, before that, beating out Larry Ellison to buy the Warriors. That experience led to me falling in love with the sport. This is especially difficult, though, because he knows very little about basketball. This is the case in business, as well. Since his girls didn't have the skills to compete by traditional methods, his formula was to have them grab possession of the ball as much as possible. Many years later, when I was living in the USA, I was called to coach my then 12-year-old daughter's basketball team, despite me having never touched a basketball before that. “Muskrat” and “Bubbles” were two of our favorites. Why have so few adopted it? Even on a ragtag team, everyone has a role to play and every one is vital to its success. Now he's 100% confident that big data will also turn that investment into a gold mine. I made them run the whole first day and then I went and studied the game.". The first was that […] However, majority team owner Vivek Ranadive's daughter is a sight for sore eyes - for both Kings and non-Kings fans. Vivek Ranadive transformed the business world with his real-time technology. And when you tweet that you had cold pizza, I know that.". He discovered basketball was a math problem. They played "full-court press" and blocked passes, double-teamed the best players and blocked inbound balls. Sacramento Kings owner Vivek Ranadive returns home to Mumbai, India, to play the Indiana Pacers in NBA exhibition games. They actually perform better. But a coach can’t just force players to buy into such a system. Conventions are made to be challenged. We developed a math equation that would ensure we would win every time. 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