Name: KALYANI SUPEKAR

Roll No: 22PGHR049

HRSP ASSIGNEMNT
Moneyball
There is another word that connects far better with most people in a world where the rising
dominance of data is sometimes referred to as "Big Data": "Moneyball." The phrase was first
used by Michael Lewis in his well-known novel, and it became more well-known thanks to the
Brad Pitt-starring film. The captivating plot of the book and the film both captured people's
attention. He employed the Moneyball theory as the baseball team's manager to select
undervalued players and assist them in compiling the longest winning streak in Major League
Baseball, i.e., 20 straight victories in games. With a limited payroll, Billy Beane had to compete
with larger baseball organizations like the Yankees when he signed the players for the Oakland
Athletics. Beane used assessment techniques to identify players that other teams
underestimated rather than going for the expensive players. Beane sought after lower-cost
players with high on-base percentages rather than vying for expensive home run hitters with
high batting averages.
Lessons learnt from the movie:
 Defining Talent: Looking beyond the usual candidate pools when searching for new talent,
like Beane did when he recruited from high school ranks. Groups including community
college students, veterans, and elder workers all contain untapped talent reserves.
 Leadership: Billy Beane was forced to focus on the issue at hand and was the only one who
could comprehend it. Beane had the guts to go the unusual road while everyone else stuck
to what was tried and true. Additionally, while being under management's pressure, he
shared Brand's belief that data and analytics would be more helpful than intuition and
experience.
 Motive: Beane only worked to alter the game; he didn't do it for money or recognition.
Beane calmly informed Brand that he only considers the success rate and not who receives
credit when Brand was outraged because Art Howe had been incorrectly given credit for
the team's victories on television. This demonstrates that success may be anticipated when
one is crystal clear about the purpose and vision for an endeavour.
 Simplify and innovate: Billy always made things simple. Peter developed an algorithm to
create year-over-year projections while working on the difficulty portion of player analysis.
Billy was able to identify players based just on their on-base % thanks to this intricate
algorithm's simplification of the situation.

How to apply Moneyball for Talent Acquisition?

 When organising your recruiting efforts, consider the talent pool. You will benefit both
tactically and strategically if you are aware of the talent pool available for a certain position,
expertise, or area.
 Put engaged talent first and monitor your talent brand. The level of engagement that
individuals have with your talent brand may be determined simply by growing your
company's following and tracking that audience over time. You can monitor your Talent
Brand Index to determine how appealing your business is to the talent you want to acquire.
This is a more comprehensive metric.