“Baseball isn’t just numbers, it’s not science. If it was then anybody could do what we’re doing, but they can’t because they don’t know what we know. They don’t have our experience and they don’t have our intuition…there are intangibles that only baseball people understand.” - Grady Fusion to Billy Beane in Moneyball
Moneyball is a great book and a great movie. In many ways it is more about business than it is about baseball. Billy Beane was the first GM that fully embraced a numbers-driven framework for managing a baseball team. This flew in the face of conventional wisdom which at the time relied on the “gut instincts” of scouts like Grady Fusion.
In a similar way, many business people rely on the gut instincts for success instead of performing any deep statistical analysis. While I have always been a fan of statistical analysis, I fall into the same trap as everyone else. When things get busy, you can’t help but think there is no time to do a full analysis of the situation, so just go with your instincts and move forward. I have been successful (in spite of) doing this in the past, but I knew I had to force myself to be more methodical when I joined a small startup, MESH01, as the CTO. Fortunately, I came across a phenomenal book that helped quite a bit.