What innovators need to learn from baseball's Billy Beane

What innovators need to learn from baseball's Billy Beane

The Oakland A's General Manager, Billy Beane, revolutionized baseball by implementing data-driven decision-making methods to compete with larger payrolls. The team found that traditional methods, which relied solely on expert opinions, hunches, previous experience, and intuition of scouts, were flawed. Beane's approach focused on metrics like on-base percentage (OBP), slugging percentage (SLG), and on-base + slugging percentage (OBP). Businesses looking to innovate can apply a similar approach by using the right metrics to make better investment decisions and consistently deliver success. By adopting data-driven methodologies, businesses can achieve extraordinary success with more predictability.

View

More Innovation Resources:

What is intrapreneurship and how can it support corporate innovation?

Intrapreneurship is vital for driving innovation within large organizations, but 70% to 90% of initiatives fail. This article explores the importance of intrapreneurship and offers actionable tips on how to make it work.

View

Discomfort is the key to innovation

Creating discomfort with the status quo is more effective than trying to make innovation easier, as humans are creatures of comfort.

View

Content Curation - 5 Strategies from Celebrity Entertainment News Shows

Learn how to make your social media activities more manageable and entertaining like celebrity entertainment news shows by using these five proven strategies.

View