What Is Going On With Derek Jeter?

Throughout his playing career, Derek Jeter received a public reputation that made him a modern-day Stan Musial—supremely talented, scandal-free, humble, and even wholesome. He became the ideal—athletes of today dream of having the long-term, on-field success coupled with the off-field money and reputational benefits that Jeter received.

As a part-owner of the Miami Marlins, Jeter fired Andrew Dawson, Jack McKeon, Tony Perez, and even the man who goes by the name “Mr. Marlin”, Jeff Conine. Jeter also reportedly wanted the Marlins’ play-by-play announcer fired, which happened (though network executives claimed that it made the decision independent of the Marlins’ ownership wishes).

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When To Believe Promises of Innovation

You can find wisdom in the old mechanic’s saying: “You can have it quick, cheap, or good. Pick two out of three.”

A company’s innovation will only result in success—be it a small-business owner opening a new restaurant or an international conglomerate spending millions and millions on a new product launch—if it can deliver something to the consumer better, faster, or cheaper than the prevailing status quo.

I used this framework when I analyzed Anheuser-Busch Inbev’s roll-out of Lime-A-Rita several years ago.

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