Kevin Flower shared this
Sometimes travelling reconnects you with memories you’d long forgotten.
Standing outside Montreal’s Olympic Stadium this week did exactly that.
It reminded me of my PE lessons and learning about the 1976 Olympics.
Back then, I learned about the vision of Pierre de Coubertin and the Olympic ideal.
The Olympics were about bringing nations together through sport, and cities competed for the honour of hosting them, not because of global sponsorship deals or commercial opportunities, but because of the prestige and legacy they hoped the Games would leave behind.
I also remembered learning that, despite the unforgettable sporting achievements the Montreal Games became one of the biggest financial lessons in Olympic history.
Spiralling costs and decades of debt became a catalyst for a complete rethink of how future Olympics should be funded and delivered. The cost of the games were not paid until 2006.
Montreal didn’t mark the end of the Olympic ideal, but it did mark the point where the Olympic movement had to find a sustainable way of protecting it.
The Games that followed (From 1984 onwards at least) embraced a far more sustainable commercial model, with greater emphasis on sponsorship, broadcasting rights and making better use of existing venues. In many ways, the Olympics we know today owe something to the lessons learned in Montreal.
Standing there, it reminded me that every organisation eventually reaches a point where it has to ask a difficult question..
Do we keep trying to make the current model work, or do we learn, adapt and build something better?
For me, that’s one of the most important leadership questions we can ask…
Whether it’s sport, technology or business, the organisations that thrive are rarely those that cling to yesterday’s success.
They’re the ones prepared to learn, evolve and build the next model before someone else does.
I wasn’t expecting a holiday stop to prompt this reflection, but perhaps that’s one of the best things about travelling.
Sometimes it isn’t the famous landmarks that stay with you, it’s the unexpected connections they make with your own experiences.
P.S. Just for the record the unforgettable sporting moments the Montreal Games delivered include ….
Nadia Comăneci scoring the first perfect 10 in Olympic gymnastics history..
And.. Bruce (Now Caitlyn) Jenner winning the decathlon and setting a new world record.