Management By Baseball Blog - Something to Review
[ Click on the post title to get to the link]Readers of this little blog will note under the baseball section on the right-hand corner a link to a blog called "Management By Baseball"...once in a while I actually click it myself to see what's going on it...the top post today is a great post talking about the Yankess and their lack of pro-activity in truly finding weaknesses in their organization and fixing them before they get too bad - case in point Bernie Williams, while contrasting that to the Oakland A's and how they MUST be proactive and stay good in order just to stay competitive, hance the big blowup this past winter (Mulder and Hudson). It's just too bad that they were not able to get anything more than draft picks for Tejada, Damon, Isringhausen and Foulke. Oh, and Jason Giambi. Some good quotes:
And let me make a point clear for those who aren't good at managing change: it's not all or nothing, a binary choice to invest 100% in contingencies or none. The optimal model is stochastic, neither random (investing an equal amount in any eventuality no matter how likely or unlikely) or deterministic (invest in the likeliest n options only until there is no more to invest), because evolution is stochastic. The optimal model is also updated frequently (frequent being defined specifically in context with the line of work and situation).
One Oakland team was successful because of the Moneyball model (and consistent development of good pitchers). But the next year, the team was working to rebalanced factors, neither totally different from before nor quite the same. Unlike a Soviet five-year plan, feedback and the tracking of trends tune the plan constantly.
As most baseball fans know, Oakland doesn't have the luxury richer teams do of making mistakes, of being in the pack; they have to be ahead to succeed. In that sense, motivation to invest in what most fiance types consider speculative efforts without guaranteed returns (strategic planning, knowledge management, change management) goes up, because even though they have thinner resources, their need to succeed is greater.
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The Yankees are a little (not totally) lazy about addressing limiting factors before they become that because they have enough resources to buy their way out of most of the resulting consequences. But this one is a real emergency flare -- it was so obvious and so costly to their overall performance, that it's hard to believe anything but MBWT (Management by Wishful Thinking) talked them into thinking Williams would reach adequacy he hadn't reached in three consecutive seasons.
posted by jimboses @ 8:19 PM
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