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"Today we think statistics are the enemy, numbers used to mislead and confuse us. That's a mistake, Tim Harford says in The Data Detective. We shouldn't be suspicious of statistics-we need to understand what they mean and how they can improve our lives: they are, at heart, human behavior seen through the prism of numbers and are often "the only way of grasping much of what is going on around us." If we can toss aside our fears and learn to approach...
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Convert the promise of big data into real world results
There is so much buzz around big data. We all need to know what it is and how it works - that much is obvious. But is a basic understanding of the theory enough to hold your own in strategy meetings? Probably. But what will set you apart from the rest is actually knowing how to USE big data to get solid, real-world business results - and putting that in place to improve performance.
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The idea of artificial intelligence--job-killing robots, self-driving cars, and self-managing organizations--captures the imagination, evoking a combination of wonder and dread for those of us who will have to deal with the consequences. But what if it's not quite so complicated? The real job of artificial intelligence, argue these three eminent economists, is to lower the cost of prediction. And once you start talking about costs, you can use some...
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"With its three-hour-long contests, 162-game seasons, and countless measurable variables, baseball is a sport which lends itself to self-reflection and obsessive analysis. It's a thinking game. It's also a shifting game. Nowhere is this more evident than in the statistical revolution which has swept through the pastime in recent years, bringing metrics like WAR, OPS, and BABIP into front offices and living rooms alike. So what's on the horizon for...
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"The former ESPN columnist and analytics pioneer dramatically recreates an action-packed 2017 game between the Oakland A's and eventual World Series Champion Houston Astros to reveal the myriad ways in which Major League Baseball has changed over the last few decades. On September 8, 2017, the Oakland A's faced off against the Houston Astros in a game that would signal the passing of the Moneyball mantle. Though this was only one regular season game,...
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"It's the ultimate in fantasy baseball: You get to pick the roster, set the lineup, and decide on strategies -- with real players, in a real ballpark, in a real playoff race. That's what baseball analysts Ben Lindbergh and Sam Miller got to do when an independent minor-league team in California, the Sonoma Stompers, offered them the chance to run its baseball operations according to the most advanced statistics. Their story in The Only Rule is it...
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"Pittsburgh Pirates manager Clint Hurdle was old school and stubborn. But after twenty straight losing seasons and his job on the line, he was ready to try anything. So when he met with GM Neal Huntington in October 2012, they decided to discard everything they knew about the game and instead take on drastic "big data" strategies. Going well beyond the number-crunching of Moneyball, which used statistics found on the back of baseball cards to identify...
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"[T]he Moneyball era is over. Fifteen years after Michael Lewis brought the Oakland Athletics' groundbreaking team-building strategies to light, every front office takes a data-driven approach to evaluating players, and the league's smarter teams no longer have a huge advantage in valuing past performance. Lindbergh and Sawchik's behind-the-scenes reporting reveals: How the 2017 Astros and 2018 Red Sox used cutting-edge technology to win the World...
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"For decades, statistics such as batting average, saves recorded, and pitching won-lost records have been used to measure individual players' and teams' potential and success. But in the past fifteen years, a revolutionary new standard of measurement-- sabermetrics-- has been embraced by front offices in Major League Baseball and among fantasy baseball enthusiasts. But while sabermetrics is recognized as being smarter and more accurate, traditionalists,...
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A brief introduction to Six Sigma for employees
Six Sigma is today's most talked-about system for improving the quality of organizational processes. Written by bestselling author Peter Pande,What Is Six Sigma? is a concise summary of the core themes and processes of Six Sigma. Unlike almost all other books on Six Sigma, it is written for the employees of organizations rolling out Six Sigmanot just managers. This helpful overview describes what Six...
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"Future Value is a thorough dive into the world of the contemporary scout-a world with its own language, methods, metrics, and madness. From rural high schools to elite amateur showcases, from the back fields of spring training to major league draft rooms, FanGraphs' Eric Longenhagen and Kiley McDaniel break down the key systems and techniques used to assess talent. It's a process that has moved beyond the quintessential stopwatches and radar guns...
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"The hidden key to successful transformation in any organization lies between human intuition and data-driven insights." --
Named by Time as a top five marketing innovator, Rishad Tobaccowala draws on research and interviews, as well as over three decades of experience as a business and thought leader, to describe how digilog companies-ones where digital tools and analog people are integrated expertly-develop a hybrid consciousness and learn to be...
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"Advanced statistics and new terminology have taken hold of baseball today, but do they accurately reflect the reality of the game? A baseball lifer states his case. America's favorite pastime is enduring an assault of new thoughts and ideas. In recent years, the sabermetrics and analytics craze has infiltrated Major League Baseball -- from its front offices to dugouts to clubhouses to media covering both, inciting a baseball culture war. New phrases...
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"An in-depth examination of the rise of analytics in soccer and the wild experiments unfolding around the world in the beautiful game. Net Gains: Inside the Beautiful Game's Analytics Revolution takes readers on a tour across the world and throughout soccer history, introducing the many people who have attempted to shine a light onto and innovate a sport that, in many ways, is still stuck in the Dark Ages. This deep dive into the rise of analytics...
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So you're not a numbers person? No worries! You say that you can't understand how to read, let alone implement, these complex software programs that crunch all the data and spit out . . . more data? Not a problem either! There is a costly misconception in business today--that the only data that matters is BIG data, and that elaborate tools and data scientists are required to extract any practical information. But actually, nothing could be further...
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