What innovators need to learn from baseball's Billy Beane

The Oakland A's General Manager, Billy Beane, revolutionized baseball by implementing data-driven decision-making methods to compete with larger payrolls. The team found that traditional methods, which relied solely on expert opinions, hunches, previous experience, and intuition of scouts, were flawed. Beane's approach focused on metrics like on-base percentage (OBP), slugging percentage (SLG), and on-base + slugging percentage (OBP). Businesses looking to innovate can apply a similar approach by using the right metrics to make better investment decisions and consistently deliver success. By adopting data-driven methodologies, businesses can achieve extraordinary success with more predictability.