3 Important Lessons One Can Learn From Moneyball

Moneyball is a book made into a movie about the Oakland Athletics baseball team and its general manager, Billy Beane. If you think that this is just another movie about sports game, that’s where you’re wrong.
moneyball meaning
The focus of it is the team’s analytical, evidence based, sabermetric (technical analysis to analyze baseball records and player performance) approach to assemble a competitive baseball team. This movie has many management lessons by Billy Beane that you can utilize in managing your employees and winning the game at your workplace.
baseball game
 
Deal with Limitations
 “There are rich teams and there are poor teams. Then there is 50 feet of crap and then there’s us. It’s an unfair game.”
 We’ve got to think differently.”
In the movie, Beane had many limitations. The club owner controlled the budget; team manager controlled the way the team played, and the players controlled their own behaviour.
In real life, you’re going to face the same challenges and you’ll come across negative people who lack the same ambition as you. They don’t welcome change because that’s how it has always been done.
In order to beat competitors, you need to think differently and not by just copying what they do. Always be innovative when it comes to dealing with limitations and don’t just rely on traditional methods.
winning game
 
Define a Strategy
“People who run ball clubs, they think in terms of buying players. Your goal shouldn’t be to buy players. Your goal should be to buy wins. And to buy wins you must buy runs.”
 Beane knew he had to change things because at the end of every season, it was the same story – they were losing players to bigger teams and losing ground on the top teams. Beane selected a strategy he believed would work best for his team and put together a team of undervalued players to help him win with the strategy.
When it comes to management, finding new and fresh solutions is one of the most valuable lessons you can learn. Have you heard this saying “If you’re always doing the same things, you’re always going to get the same results”?
To move forward to succeed, you need to have a defined strategy and stick to it in order to make it work. How many people step out of their comfort zones and risk it all to change the game?
Baseball 
 Identify the Problem and Look for a Solution
 “You’re not solving the problem. You’re not even looking at the problem.”
Billy asks his team to define the problem. “What is our problem?” he kept asking one after the other. Each and every one of them failed to identify what the ‘real problem’ is, because no one looked past the hard facts.
You need to identify the fundamental problem then straight move the focus towards solving the problem. Think about how you fix it with a long term solution rather than a short term solution, then slowly break it down to find the best solution.
When you become too focused on the problem itself, you fail to have the ability to look for a solution. This is because you don’t even identify the problem and think about the next step to fix it. Good management skills requires the ability to identify the problem to find the solution.
 
Summary
There will be limitations in every aspect of your management. The key here is to think outside the box of how you can break these limitations even if there are negative voices surrounding you. As a leader, defining a strategy, YOUR strategy is essential in winning what you’ve set out to achieve. This requires you to try out new strategies that can help you achieve your goal, even though it may not be conventional.
In management, you will need to learn how to identify the problem first before you can find a long term solution. Always remember that if you look at the problem as only a block, it will always be a block. However, if you look into the problem and figure out that you need to move this block, then you will figure out solutions that would remove this block.
As the saying goes, “management is not a science, it is an art”
 
 

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