Fabio Rojas: "Moneyball: An Orgtheory Review"
He wishes he had never entered the funhouse. But he has. Then he wishes he were dead. But he's not. Therefore he will construct funhouses for others and be their secret operator - though he would rather be among the lovers for whom funhouses are designed.
19/10/2011
The World Series Fallacy
I would often have to fight the “World Series Fallacy,” which is that a strategy fails if it doesn’t help you win the top honor. A new coaching strategy is useless unless you win a Gold medal at the Olympics or the Super Bowl. We can think of other fallacies. You are a failure unless you are as big as Google, or you get elected President, or publish in the #1 journal, or so forth. The point is that good management is often about shifting the average performance, not getting all the variance. Not winning the World Series is besides the point.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Comments at posts older than 14 days will only be published after preapproval.