Monthly Archives: July 2012
Posted on July 27, 2012 by FMI CorporationMoney Builder: Developing a World Championship Team (Statistically Speaking) By Gregg Schoppman In 2002 the Oakland Athletics were confronted with a conundrum. Player salaries had ballooned to astronomical levels and large market franchises with a seemingly endless fan base, lucrative television rights and merchandise outlets such as the New York Yankees, New York Mets and the Boston Red Sox possessed the ability to gobble up signature players. Smaller-market teams were forced to be more frugal with their expenses and balance their payroll against lower income. In many cases, talented players that developed quickly and became media darlings in these small markets moved to the mega franchises for their payday. Oakland qualified as one of these small markets. Lacking the financial means of the New York Yankees, the Athletics were required to use a nontraditional means of evaluating talent. Enter Billy Beane.
Posted on July 20, 2012 by FMI CorporationRedefining Leadership: Strategic Thinking in Today’s VUCA World By Sabine Hoover Leaders in the design and construction industry have long dealt with volatility, uncertainty, complexity and ambiguity (VUCA) on a daily basis. VUCA is part of the industry’s DNA. Today, though, the rapid pace of change is transforming the global business landscape more and more, rendering traditional leadership skills obsolete and challenging executives to equip themselves with new insights and leadership abilities.