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)
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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Volume (Year): 2 (2007) Issue (Month): 4 (November) Pages: 249-262 Download reference. The following formats are available: HTML
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