Moneyball – A term describing baseball operations in which a team endeavors to analyze the market for baseball players and buy what is undervalued and sell what is overvalued. Unlike a common misconception, it is not about on-base percentage, but whatever is undervalued at that time. It is most commonly used to refer to the strategy adopted by the front office of the Oakland Athletics. It derives its name from a Michael Lewis book of the same name.
That’s the sports definition of Moneyball. The more important application of the Moneyball concept is that in any talent economy – the one your company