Talent Management is Moneyball

Josh Bersin, one of the best non-financial analysts covering the world of talent and HR solutions today, recently posted a blog piece that ended with a shout out to Moneyball, the Michael Lewis book (and now Brad Pitt movie) about The Oakland A’s.

For the two or three people in the world who don’t already know this story, the A’s manager Billy Beane hired a young statistician from Yale, a hitherto uncommon hiring choice in the world of Major League Baseball.

In an effort to create a winning team on a limited budget, the two men ditched the talent scout model for sourcing players and instead adopted serious statistical modeling, the equivalent of price arbitrage analysis in the world of finance.