An MBA can enhance your wage, your connections and your profession prospective clients — but what will you in fact understand? In an occasional sequence, we showcase the work of instructors at leading-rated enterprise universities.
At one position in Moneyball, Michael Lewis’ book on the improbable successful run of the Oakland A’s in the early 2000s, Billy Beane, standard manager of the underfunded baseball outfit, helps make a astonishing declaration. His statistical evaluation doesn’t work in the play-offs, he claims — which is down to luck.
He employs more colourful language, but the position is that Beane is knowledgeable