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Why Ted Leonsis is the “chief worrying officer”

Founder, chairman, managing partner, and CEO of Monumental Sports & Entertainment, Ted Leonsis, reveals his lesser known title of CWO, and how a leaky roof during a Rockets game taught him the limits of scenario planning.

00:00 Speaker A

Do you feel any pressure?

00:02 Speaker B

Oh, I my I'm I'm not CEO, I'm CWO. I'm the chief worrying officer. And so many things can go wrong

00:12 Speaker B

other than the big thing. Did you win? Did you lose? One night we have a game against the Houston Rockets.

00:19 Speaker B

And

00:22 Speaker B

there's a drip of water coming down. And it's raining outside, but why is water dripping down?

00:30 Speaker B

We have to stop the game. We're going to have a rain out at a basketball game.

00:36 Speaker B

There was a bullet hole.

00:40 Speaker B

Someone drove by at some point and shot their gun.

00:46 Speaker B

And the bullet went up and came down and put a hole in the roof.

00:52 Speaker B

And we all looked at that and went, now there's something we didn't anticipate. We had a lot of scenario planning.

00:59 Speaker B

That became an issue. And so like every day you're confronted with something different.

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