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Michael Jordan

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[Jerry Krause] said organizations win championships. I said, "I didn't see organizations playing with the flu in Utah."
--
Hall of Fame induction address, 2009

 
Michael Jordan

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First, most producers are employees of firms, not owners. Viewed from the vantage point of classical [economic] theory, they have no reason to maximize the profits of firms, except to the extent that they can be controlled by owners. Moreover, profit-making firms, nonprofit organizations, and bureaucratic organizations all have exactly the same problem of inducing their employees to work toward organizational goals. There is no reason, a priori, why it should be easier (or harder) to produce this motivation in organizations aimed at maximizing profits than in organizations with different goals. If it is true in an organizational economy that organizations motivated by profits will be more efficient than other organizations, additional postulates will have to be introduced to account for it.

 
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"Wilt had to fight people's dissatisfaction that his teams didn't win. There he was, this great dominating player, and his teams didn't win championships. Well, Wilt wasn't playing for the right team. As an individual, he was in a class by himself, but his teammates--they were OK, but not the supporting cast Russell had."

 
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