by Baseball has always been a statistics-driven game. In 2002, however, the Oakland Athletics, led by then-Assistant Manager Paul DePodesta and General Manager Billy Beane, pioneered a completely new approach to analyzing player data that helped a team with one of the lowest payrolls in the league win 103 games. Most recently the vice president of player development for the New York Mets, in January 2016, DePodesta didn’t just switch teams—he switched sports, becoming chief strategy officer of the Cleveland Browns, an American football team. Will “Moneyball” work in football? DePodesta certainly thinks so. Hear what he had to say about the limits of data-driven decision-making, when it makes sense to rely on instinct, and why it’s not only important to consider the data you have, but also the data you might be missing. He spoke about all that and more at the Credit Suisse 2016 Thought Leader Forum.
Topics:
FinancialistStaff considers the following as important: The Art of Decision Making
This could be interesting, too:
Ashley Kindergan writes To IPO or Not to IPO: That Is the Question
FinancialistStaff writes What Being Wrong Can Teach Us About Being Right
Ashley Kindergan writes Are You Smarter than an Algorithm?
Baseball has always been a statistics-driven game. In 2002, however, the Oakland Athletics, led by then-Assistant Manager Paul DePodesta and General Manager Billy Beane, pioneered a completely new approach to analyzing player data that helped a team with one of the lowest payrolls in the league win 103 games. Most recently the vice president of player development for the New York Mets, in January 2016, DePodesta didn’t just switch teams—he switched sports, becoming chief strategy officer of the Cleveland Browns, an American football team.
Will “Moneyball” work in football? DePodesta certainly thinks so. Hear what he had to say about the limits of data-driven decision-making, when it makes sense to rely on instinct, and why it’s not only important to consider the data you have, but also the data you might be missing. He spoke about all that and more at the Credit Suisse 2016 Thought Leader Forum.