WS: As the owner of several pro sports teams, it’s your job to hire winning coaches and managers. How do you pick your hires?
Colangelo: I look for people who are comfortable exercising responsibility. I don’t want employees bogged down by fear of trying and fear of failing. When I’m interviewing job candidates, I try to recognize the various gifts and skills they possess. I think about how those gifts can be used on the job, and to what extent their strengths match what I think we need.
WS: But with so much of your money at stake paying players’ high salaries...(register to read more)