Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 141 views

    Moneyball Essay Business

    Uploaded by

    api-285510667
    The movie Moneyball shows how Billy Beane innovated the Oakland A's baseball team with a limited budget. He recruited cheaper players who were labeled as imperfect but had game-winning potential, rather than one expensive star player. This changed the traditional team building model. Though they lost games at first, Beane's innovative strategy was eventually successful and helped the A's win games. His approach influenced other teams and changed how baseball is played.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Moneyball Essay Business

    Uploaded by

    api-285510667
    141 views8 pages
    The movie Moneyball shows how Billy Beane innovated the Oakland A's baseball team with a limited budget. He recruited cheaper players who were labeled as imperfect but had game-winning potential, rather than one expensive star player. This changed the traditional team building model. Though they lost games at first, Beane's innovative strategy was eventually successful and helped the A's win games. His approach influenced other teams and changed how baseball is played.

    Original Title

    moneyball essay business

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The movie Moneyball shows how Billy Beane innovated the Oakland A's baseball team with a limited budget. He recruited cheaper players who were labeled as imperfect but had game-winning potential, rather than one expensive star player. This changed the traditional team building model. Though they lost games at first, Beane's innovative strategy was eventually successful and helped the A's win games. His approach influenced other teams and changed how baseball is played.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    141 views8 pages

    Moneyball Essay Business

    Uploaded by

    api-285510667
    The movie Moneyball shows how Billy Beane innovated the Oakland A's baseball team with a limited budget. He recruited cheaper players who were labeled as imperfect but had game-winning potential, rather than one expensive star player. This changed the traditional team building model. Though they lost games at first, Beane's innovative strategy was eventually successful and helped the A's win games. His approach influenced other teams and changed how baseball is played.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 8

    How is innovation

    used in the movie


    Moneyball?

    EXTENDED ESSAY
    Business & Management

    Name: Lara van de Camp


    Class: Ms. Baez Business
    Date: June 12, 2015
    Word Count: 1171
    Total: 1350

    Contents Page
    Title Page
    ________________________________________________________________________
    _Page 1
    Contents Page
    ____________________________________________________________________Pag
    e2
    Introduction +
    body______________________________________________________________Page
    3
    Body
    ________________________________________________________________________
    _______Page 4
    Conclusion
    ________________________________________________________________________
    Page 5
    Works Cited
    _______________________________________________________________________
    Page 6
    Appendices
    ________________________________________________________________________
    Page 7

    If you are a good manager and you can build a good team, with low
    salaries and then they become winners, then people will want to see
    your team play and they will buy tickets and sponsors will then also get
    attracted to be part of that team and theyll pay lots of money. These
    are the main reasons why a baseball team is considered a business.
    Another reason is that their goal is to make profit, which a normal
    businesss is as well. The business model of Billy Beane (Brad Pitt) and
    Peter Brand (Jonah Hill) for their baseball team Oakland As is that
    instead of having one really expensive player, they have four players
    who are said to be imperfect but they do have game winning
    potentials. In this essay I will be including what innovation is and how
    innovation is used in the movie Moneyball.
    The movie Moneyball is about Billy Beane, the general manager of the
    Oakland As. He is faced with a tight budget and he must change his
    team to affordable players, which means taking the best ones out.
    Beane hires Ivy League graduate Peter Brand with whom he discusses
    what to exactly do about his team and what players to get. They
    recruit players who are labeled as imperfect, but they do have gamewinning potentials. (Imdb plotsummary)
    Innovation, according to Merriam Webster, is the act or process of
    introducing new ideas, devices or methods. These days innovation gets
    used everywhere, and in every business because everyone is always
    innovating. Imagine your company didnt, then you would eventually
    get no more customers because youll still have the old products,
    which nobody wants anymore. Remember the company Kodak, their
    business failed due to not innovating, because they didnt adapt to the
    new technologies and people didnt want the old ones anymore. They
    want better and newer versions. Innovation also means getting a

    higher profit. A good way to drive innovation is to be clear about what


    you want to accomplish and to not get stuck in the rut of doing things
    the way theyve always been done. (insightsquared) I think this quote
    fits perfectly with the movie Moneyball because Beane knew what he
    wanted to accomplish and he changed the business model of how a
    baseball team was always done.
    Innovation is used a lot in the movie Moneyball, and the main reason
    for this is because Beane keeps innovating his team. My favorite
    example of how Beane uses innovation is to think differently (Ms. Baez
    Packet, page 7). People always follow the same pattern, getting
    professional baseball players with high salaries, and instead of that,
    even though Beane is short on money, he goes out and gets cheaper
    players that are said to be imperfect but they do have game-winning
    potentials.
    In the beginning of the movie Beane and his men are in a conference
    meeting with each other talking about their team. Beane states, There
    are rich teams and poor teams, then 50 feet of carp. Then theres us.
    (Imdb) He has to use a new innovation strategy in order for them to
    win, because of their budget they cant afford the best players. Beane
    knew he had to think differently in order to get a good team but he
    didnt exactly know how to, so thats when, also during the meeting, he
    meets Peter Brand and hires him. Beane asks Peter to find 3 good
    players for the team, however Peter finds 51 players instead. He has a
    new innovation strategy because instead of having one 7 million
    player, they can have 4 players who each have game-winning
    potentials. A different example is First job in baseball? Its my first job
    anywhere. (Ms. Baez packet, page 7) Even though you want current
    stars, you should be looking for future stars. Some people joined a
    team and they lacked experience but now they are one of the most
    successful in the entire world. One example of this in the movie is
    when Brand says the quote from above Its my first job anywhere.
    And even though its his first job, Beane hires him and Brand and
    Beane work together to change the business model, which they
    succeed in doing.
    Another example where you can find innovation is that Beane risked
    people getting tired of him and not believing that he could do it.
    (Calliopelearning)
    But instead of listening to them, he went out and did it anyways, and
    succeeded. Also, continue to believe you can do it even through failure.
    Beane and Brand successfully recruited their players using their new
    strategy but they still lost almost all of their games in the first half of
    the season. They could have given up but instead of doing that they

    kept pushing, and in the end their strategy was a success. Beane kept
    moving forward and kept innovating.
    Another interesting point they say in the movie is If we try to play like
    the Yankees in here, well lose to the Yankees out there (Ms. Baez
    Packet, page 10) This shows that you have to use new innovation
    strategies in order to win. You cant win using everyones strategies,
    you have to go out and change them and even if another team is
    successful using them, it might be a losing strategy for you. This is
    exactly what Beane does in the movie, he finds new players, changes
    the business model and he becomes successful.
    Lastly, Beane said, Were going to change the game (Ms. Baez
    packet, page 10). And really thats the attitude that its all about. Beane
    noticed they werent going to win using the same strategies as
    everyone else, and anyways they couldnt because they were low on
    money. But Beane went out and changed their business plan by getting
    four players instead of one that costs a lot. He got negativity from
    people and even some he worked with didnt believe it was going to
    work. But he decided not to listen and went out and did it anyways.
    And he was successful. The quote that I love that perfectly describes
    the movie is If we pull this off, we change the game. We change the
    game for good. (Calliopelearning)
    Beane changing the whole business plan was a huge success because
    now more teams are using his strategy in order to win. One example is
    Red Sox, who won in 2004 using his theory. They hired Beane for
    $12.5 million, which would have made him the highest paid general
    manager in sports history, but he decided to stay with his own team.
    (Wikipedia)
    As conclusion, innovation is used multiple times during the movie
    Moneyball. It is used when they got new players, instead of one seven
    million player they got 4 game-winning potential players. Also, even
    though they were losing Beane kept pushing through eventually
    making his new business plan a success. And teams have copied his
    strategy for example the Red Sox who won in 2004 due to using his
    theory.

    Works Cited Page


    "Innovation Lessons from Moneyball." Calliope Learning. N.p., 14 Oct. 2011. Web. 14 June
    2015. <http://www.calliopelearning.com/innovation-lessons-frommoneyball/2011/10/14>.
    "Innovation Strategy Lessons from Moneyball | The Brainzooming Group." The Brainzooming
    Group. N.p., n.d. Web. 14 June 2015. <http://brainzooming.com/innovation-strategylessons-from-moneyball/11189/>.

    "Lessons from Moneyball on Innovation, Sales Analytics and Sales Management |


    InsightSquared." InsightSquared RSS. N.p., 24 June 2013. Web. 14 June 2015.
    <http://www.insightsquared.com/2013/06/lessons-from-moneyball-on-innovationsalesanalytics-and-sales-management/>.
    Merriam-Webster. Merriam-Webster, n.d. Web. 14 June 2015. <http://www.merriamwebster.com/dictionary/innovation>.
    "Plot Summary." IMDb. IMDb.com, n.d. Web. 14 June 2015.
    <http://www.imdb.com/title/tt1210166/plotsummary>.
    "Quotes." IMDb. IMDb.com, n.d. Web. 14 June 2015.
    <http://www.imdb.com/title/tt1210166/quotes>.
    Wikipedia. Wikimedia Foundation, n.d. Web. 14 June 2015. <https://en.wikipedia.org/?
    title=Oakland_Athletics>.
    Wikipedia. Wikimedia Foundation, n.d. Web. 14 June 2015.
    <https://en.wikipedia.org/wiki/Moneyball_(film)>.

    Appendices

    The records of the Athletics' last ten seasons in Major League Baseball are listed
    below.

    You might also like