As regular readers of this column know, I am very much into sports and in particular college football. Such readers might also remember that I like to justify the amount of time I spend watching and following sports by attempting to learn things from sports that I can apply to the business arena. 

One area that has piqued my interest of late is the firing and hiring of college football coaches. In particular, I am fascinated by how quickly these coaches can fall out of favor with their bosses – athletic directors, university presidents and trustees – and lose their jobs despite being owed millions of dollars. As I examine such coaching moves – not just firings, but also new contracts – I think there is much to learn that we can apply to business.

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