Essays on Moneyball

CHAPTER ONE: INTRODUCTION

1.0 Introduction The phrasal word ‘Big Data’ means literally an enormously huge volume of data. In the present information era, terabytes of data are generated and petabytes of data are processed everyday with the outreach of ubiquitous social media, online shopping and many other mobile and internet based applications. The traditional methodologies became inadequate to process, analyze and extract information from these huge data volumes from diverse sources and of new and different data types. So, new ‘Big Data’ methodologies have been developed in dealing with this barrage of data and to help governments, businesses and industries in taking ...

In this part of the report, critical incidents regarding organization design and human resources practices are discussed from occurred in different scenarios of the film MoneyBall. The film is based on the true story that has occurred in Oakland with a General Manager. Organizations adopt different wants to bring change in the organizational design to remain competitive. The strategy of change is one of the fundamental aspects that require innovative ways to create distinct ways of business practices to optimize performance. In the film, MoneyBall there are different human resource management practices which can be implemented in a business ...

Bill Beane on Evaluation of Players

Bill Bean introduced sabermetrics in baseball, an approach that used data to capture players' performance, like hits, catchers and getting bases. He incorporated data from the industry, software developers, and the New York Exchange, over a long time, and generated relationships that guided his approach to signing players. He did not consider speed and strength (though he did not decant them), rather, he was looking at the qualities that made the player different. All major scouts went around the country, looking at high school players and stars, but Bill had noticed that players assigned straight out of high school ...

Introduction

Since many kinds of sports are games, it is not surprising that examples from sports are often being used for illustration of classical problems from game theory, while game theory is, also may be applied to improve performance in sports (Chiaporri et al 12). Choice of direction of shots in tennis is often being used for understanding of mixed strategies, and, the other way around, mixed strategy have been used to explain how footballers might decide on where to spot the penalty kicks (and for goalkeepers – how to try to save them). At the same time, chess in itself ...

Introduction

Moneyball is a movie based on Oakland Athletic, a baseball team. The story revolves around manager, Billy Beane in his quest to bring together a competitive team. Billy Beane comes up with a new model, known as sabermetrics, which uses number analytics to scout for players. In his attempt to integrate his methods into the team, he faces has to overcome different types of conflicts. In a nutshell, Moneyball is about bringing about change and the conflicts that ensue when new thinking strives to replace old thinking. This paper defines the types and levels of conflict and how they may be applied to the ...

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Bad Management As a Result Of Poor Leadership Skills

Introduction Management is at least as much of an art as it is of a science. For that reason one should not be surprised when people without formal business education develop themselves into great manager, while straight-A business schools alumni fail to achieve any decent results in non-artificial environment. Efficient communication, control over emotions, quick and rational decision-making, expertise in particular fields are, among other things, the important qualities a successful manager should possess – none of them appears to be fully acquirable through institutionalized education. Development as a manager is a constant, lifetime learning process – improvement may come ...

Every government needs funds to move its economy that is to propel it. These funds emanate from taxation and other sources such as issue of treasury bills and securities, borrowing (both internal and external) amongst others. As the government goes through elective politics measures must be put in place to ensure such funds are used in the most efficient and effective manner to pose itself as an accountable government. Therefore, they will try to fund programs that will live a lasting mark on the face of its citizens. Transition to moneyball is not a one day or night event; it’ ...

Moneyball is a film that highlights the stages through which a football manager took a baseball team from a despised to a respected level. Billy Beane has an ambition of bringing up a baseball team yet finances limit him. Apparently, he cannot afford the minimum amount required to pay a player. This did not hinder him from pursuing his dream even as he sought advice from his friend Peter Brand who also becomes his close associates. They decided to hire players who would not mind playing at a lesser fee. This made his team to be the most despised as it was considered that with less remuneration, ...