Monday, July 14, 2008

The Importance of Strategic Assessment: (Moneyball Style)

While gathering data on the competition and one's grand settings is a difficult objective, knowing how to properly assess the data is a greater challenge.

One of the many keys to surviving in the global economy is knowing how to transpose the data into a strategic advantage.

If one wants to play against the big boys, learn how to assess oneself, their competition and their grand settings is the first step.

Suggestion: Get a copy of Michael Lewis's "Moneyball: The Art of Winning an Unfair Game".

It is about the low-budget Oakland Athletics (Professional baseball team) and their larger-than-life general manger Billy Beane who uses objective-based statistics to select good amateur baseball players for his team.

In order to contend against the big budget teams (like the Yankees and the Red Sox) Billy Beane needed to use every tools of the trade to be a contender (not a pretender). ... He developed the approach of "Moneyball" to assess up and coming ball players.

You can read more about "Moneyball" by clicking on the following links.

How do you assess the talent of your team?

More 2 come.

No comments: