What Business Can Learn from World Cup Winners
England’s World Cup campaign ended last Wednesday with a painful semi-final defeat to Argentina. But one result, however disappointing, does not tell us whether a footballing nation is succeeding.
The more revealing question is why some countries remain competitive across different tournaments, generations of players and changes of management – while others struggle to turn talent and investment into lasting success.
Since 1930, more than 80 countries have competed in the World Cup, but only eight have ever lifted the trophy.
A recent analysis by The Economist found that wealth, population, height and geography explain much of the difference between successful and unsuccessful footballing nations. But these factors do not guarantee success. Some wealthy and populous countries under perform, while much smaller nations achieve more than their resources might predict.
So what allows success to endure – and what might that teach us about building successful organisations?
Resources are not enough
Money and ambition can accelerate change, but they cannot guarantee success.
China has set ambitious national goals and invested heavily across professional, school and grassroots football. Yet its men’s team has qualified for the World Cup only once, in 2002.
Research suggests that the difficulty lies in turning policy into a coherent development system. Schools, football associations and professional clubs have followed separate pathways, with weak coordination limiting players’ opportunities to progress.
Japan shows that established patterns can change. It had never qualified for a World Cup before 1998 but has appeared at every tournament since, following the launch of the J. League in 1993 and sustained investment in youth football, coaching and grassroots participation.
The contrast is not simply between top-down and bottom-up development. Both countries have used national strategies and institutional investment. What matters is whether those efforts create a connected system in which participation, coaching, competition and progression reinforce one another.
There is a parallel in business. Financial strength allows organisations to recruit talented people, invest in development and adopt new technology. Leaders can set a direction and provide resources. But investment produces lasting value only when it strengthens the way people learn, collaborate and progress throughout the organisation.
Transformation cannot be delivered through targets alone. It becomes embedded when strategy, structures and people’s everyday experience of work support the same purpose.
Diversity with inclusion
Some countries, including Senegal and Morocco, have strengthened their teams by drawing on players developed abroad, while migration has widened the pool of talent available to countries such as France, England and Spain. The Economist points to the association between greater ancestral diversity within a squad and better results.
There is evidence of a similar relationship in business. McKinsey’s 2023 analysis found that companies in the top quartile for ethnic representation on their executive teams were 39% more likely to outperform those in the bottom quartile on profitability.
But diversity alone does not guarantee better results. A team may include people from many different backgrounds while continuing to value only familiar ideas and ways of working. People may be present without having equal influence, access to opportunities or confidence that their contribution will be heard.
This is why inclusion matters. Diversity broadens the pool of talent and perspective available to an organisation. Inclusion determines whether those different perspectives shape decisions and improve the way the organisation works.
Success is sustained through culture
Success in football is easy to recognise when a team lifts a trophy. Remaining competitive across generations of players and managers requires a system capable of renewing itself.
The figures show how persistent success can be: around four-fifths of the countries in the top quarter of the football rankings in 1976 remain there today.
Success creates the conditions for further success. Countries with strong football traditions attract investment, skilled coaches and greater competition. Young players grow up surrounded by visible role models and established routes into the professional game. Knowledge, confidence and experience build over time.
The same is true in business. Lasting success depends on an organisation’s ability to attract and develop good people, share knowledge and adapt without relying indefinitely on the same individuals. When expertise and responsibility are passed on, the organisation can renew itself without losing what made it successful.
That cycle is sustained by culture. Shared purpose gives people a reason to care about the work, understand how their contribution fits and bring their different strengths together.
In football and in business, lasting success grows from an embedded culture that turns individual ability and shared passion into sustained performance.
The mindset to keep going
Defeat inevitably prompts questions about what went wrong. And sustained performance depends on how teams and organisations respond when the desired result does not arrive.
Winning teams do not expect every match, decision or season to go their way. They trust the process, learn from setbacks and continue doing the right things well, even when the rewards are not immediate. Confidence comes not from assuming victory is inevitable, but from knowing that the preparation, discipline and collective effort are sound.
The same mindset matters in business. Organisations pursuing long-term change need the resilience to learn from disappointments without abandoning their direction whenever progress slows. As Sir Alex Ferguson is often quoted as saying: “We didn’t get beaten; we just ran out of time.”
That conviction must be grounded in reality rather than blind optimism. But when an organisation has the right strategy, structures, people and culture, confidence in the underlying approach can help it persist long enough for results to follow.