Importance of Strong Financials - correct answer ✔✔· A key to building a winning program Shows
commitment and organization
· Money is a key factor in coaches being fired
· To have nice stuff, you need money
· Must understand financials in regard to capital campaigns
Budgeting Process - correct answer ✔✔· We must decide how much money it takes to run the program
for the next year
· Look at capital needs
· Look at money spent from the past year
· Develop a base budget
· Main adjustments based on input
· Use budget to establish fundraising needs
· Monitor budget
Zero Based Budget - correct answer ✔✔· You spend what you earn
· You must account for what you need to run your program, and figure out a way to generate the needed
funds
· Expenses vs. Revenues
Line-Item Budget - correct answer ✔✔· Money is budgeted for different aspects of the budget
· Example: Travel, Equipment, Gear, Food
What to Understand about Practice - correct answer ✔✔· Be prepared
· Use your resources wisely
· Use your time wisely
, · Understand where you are in the season
· Understand where you are in the week
· Have a pulse on your team
· Understand Peaking
STEP 1: BUILD SAFETY (Team Culture) - correct answer ✔✔· The truth is, first and foremost groups
succeed because their members communicate one powerful overarching idea: we are safe and
connected.
· The organization feels connected
· Chemistry
· Belonging
STEP 2: SHARE VULNERABILITY For (Team Culture) - correct answer ✔✔· Successful groups translate
connection & safety into trusting cooperation through vulnerability: a shared exchange of openness.
· In a group setting, vulnerability is about sending a clear signal that you have weaknesses and you could
use help. When this behavior becomes a model for others, you can set the insecurities aside, start
trusting each other, and get to work.
· When vulnerability gets locked up, people try to cover up their weaknesses and every task becomes a
place where insecurities manifest themselves
· Vulnerability is contagious. It doesn't come after trust - it precedes it. Like safety, it is a group muscle
that is built through repeated interaction. As a result, it gets the static out of the way and lets people
combine their strengths to achieve a goal.
STEP THREE: ESTABLISH PURPOSE (Team Culture) - correct answer ✔✔· What are we working toward?
Purpose is about creating simple beacons that focus attention and engagement on the shared goal.
Successful cultures do this by relentlessly seeking ways to tell their mission's story.
· To do this, they build what we call 'high-purpose environments', filled with small, vivid signals designed
to create a link between the present moment and a future ideal. They provide the two simple locators
that every navigation process requires: 'Here is where we are' and 'Here is where we want to go'.
· That shared future could be a goal or a behavior. It can be found within everyday moments, where
people can sense the message: "This is why we work; this is what we are aiming for."
· Building purpose is not as simple as carving a mission statement in granite; it's a never-ending process
of trying, failing, reflecting, and above all, learning.