How to Manage a Superstar
Working with the LeBron James in business
by Ira Boudway – Bloomberg BusinessWeek
If managers could pay their superstar employees more money, they would. Alas, company rules and budgets prevent that. Even sports teams face salary caps. “If there’s a common strategy among successful managers with LeBron problems, it’s to stop negotiating and start seducing.” It could be worst… you may not have a LeBron (star basketball player — just in case you’re not into the sport) on your team.
How do you keep your best employees happy to avoid turnover?




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