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Book Review: Moneyball as Sport Finance in Action: But are the Lessons from Baseball More Generally Applicable?

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Author Info

  • Richard Wolfe

    ()
    (University of Michigan)

  • Kathy Babiak

    (University of Michigan)

  • Kim Cameron

    ()
    (University of Michigan)

  • Robert E. Quinn

    ()
    (University of Michigan)

  • Dennis L. Smart

    (Texas State University)

  • James R. Terborg

    (University of Oregon)

  • Patrick M. Wright

    (Cornell University)

Registered author(s):

    Abstract

    Moneyball (Lewis, 2003) is a book about baseball. The book describes how a small-market Major League Baseball team, the Oakland Athletics, has been able to compete with large-market teams by being innovative in a tradition-laden industry. However, when read through a business management lens, one discerns that this baseball book, in fact, has general management lessons in a variety of areas including leadership, innovation, overcoming resistance to change, and creating a sustainable competitive advantage. In this article, we outline and illustrate the valuable lessons for business that emerge from the Moneyball story. More specifically, we provide a brief overview of the book; summarize arguments for applying Moneyball ideas to management as presented in the popular media as well as in academia; determine the underlying management themes contained in the Moneyball story; and propose Moneyball lessons for managers.

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    Bibliographic Info

    Article provided by Fitness Information Technology in its journal International Journal of Sport Finance.

    Volume (Year): 2 (2007)
    Issue (Month): 4 (November)
    Pages: 249-262

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    Handle: RePEc:jsf:intjsf:v:2:y:2007:i:4:p:249-262

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    Related research

    Keywords: competition; innovation; resistance to change; innovation diffusion; competitive advantage;

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