Dont Expect Moneyball-style Home Runs
Business leaders often become enamored with the Moneyball effect, thinking the manner in which analytics and stats were used in professional baseball can be directly applied to maximize enterprise data. The correlation isnt that clear, said Silver. In baseball, winning and losing can be attributed to individual players, and that doesnt translate well with day-in, day-out business and project teams. Silver recommended an internal definition of progress based on what youre measuring for.