One of the weirder aspects of LeBron James'(notes) status is that people analyze him as a
public figure just as much as they do his skills on the court. When James
earned scorn for failing in the fourth quarter of games, the criticism was more
about his failings than his inability to make a shot. The perception is
that the same personal faults that led to "The Decision" is generally
related to his problems winning a championship.
That's
silly, not the least of which because "The Decision" was a marketing
decision full of faulty plans and in-game issues tend to relate to decisions
made on the fly, plus weird things like physical flaws in a shooting stroke or
poor ballhandling. They're different enough, in fact, that one of the best
business schools in the country has decided to analyze LeBron's marketing in
depth. Shira Springer has the
story for The Boston Globe (via PBT): New Kobe Shoes
For 80
minutes, students discuss James and his brand, and debate his best marketing
opportunities. By making James a case study, the course provides a compelling
lesson in what can determine success or failure in the volatile world of
celebrity marketing.
"When
Harvard Business School
approached us for a case study, it was a 'wow' moment,'' said Maverick Carter,
a childhood friend and business partner of James.
James
and his business partners happily cooperated with the research process, giving
access and candid assessments of marketing choices, making the case study
something of a page-turner.
The Miami Heat forward is but one study subject.
Others include Lady Gaga, Real Madrid, Maria Sharapova, the NFL, Tom Cruise,
and Radiohead. The course gives students virtual backstage passes to Hollywood , to the highest
levels of European soccer, to arena concert tours, to all the important places
where the cult of celebrity reigns and represents potential revenue.
It's a
great idea for a class, in part because the brands of creative artists and
athletes change far more often than those of multinational corporations like
Coca-Cola and Nike. Marketers need to know how to handle sharp changes in
public opinion while still maintaining a baseline sense of what the person or
group stand for. It's a special challenge involving sometimes very different
short and long-term goals. New Kobe Shoes
The
depth of this course also serves as a reminder that basketball fans and writers
sometimes consider LeBron in oversimplified terms. While "The
Decision" was a horrible piece of garbage that never should have happened,
the ways in which LeBron and his team handled the announcement -- from the Jim
Gray interview to the second-banana status of the Boys and Girls Club during
the whole show -- can be quite instructive. LeBron is far from perfect, but
it's possible to take his missteps as learning experiences rather than examples
of innate moral deficiencies.
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