Moneyball is a 2011 movie based of Michael Lewis’ book that details the Oakland Athletics baseball team and their 2002 season managed by Billy Beane (played by Brad Pitt). The team has one of the smallest budgets in the league, which prompts Beane to enlist a young Yale economics graduate to use data and analytics to build his new and unusual team. After a wildly successful season for the usually poor-performing Athletics, people recognize his conviction and the success of his strategy using undervalued players. Along with many valuable lessons on business, Moneyball also provides useful insights on executing a strategic plan, leadership and creating change.
In any organization, efficient communication internally is a driving factor of success and employee morale. When employees are able to understand each other, they’re able to work better together and therefore create a better experience for the customers as well. A strong communication flow allows a message to go from top to bottom, laterally, and even diagonally across departments. However, having an effective communication flow is easier said than done.
You’ve organized time to work on your company’s strategic plan. Great! Taking time to strategically think about your business, the processes you use and how you can grow and improve your company is an important investment of your time. Strategic planning can be immensely valuable to your company but it’s important to take a disciplined approach to running the planning process.