Evaluating Human Capital Investments Through the Prism of Baseball

Posted on October 25, 2009 by Bill Petti

[Fair warning: what follows is quite lengthy] Well, it is performance review time at work and this reminded me of a post I’ve been meaning to write for a while. An issue that has always interested me is how organizations measure individual performance.  Organizations have finite resources and therefore must deploy those resources in the [...]

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Linkage

Posted on September 1, 2009 by Bill Petti

Substantive blogging will be brisk this week until I finish drafting an article I am working on and get it off to my co-author. The danger of tiny samples: “The failure to understand that events occur randomly is a failure to understand causality”.  Couldn’t have said it better myself. IBM’s Predictive Ideas Market: IBM is [...]

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Post hoc ergo propter hoc

Posted on August 29, 2009 by Bill Petti

I am usually a fan of Charles Blow’s work, but his latest op-ed seems to me a bit sloppy. Blow claims that one reason Democrats, and President Obama in particular, may be having trouble convincing the country to sign on to large-scale health care reform is due to the public’s overall lack of trust in [...]

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Profiting from an Analytically Driven World

Posted on August 7, 2009 by Bill Petti

The NY Times had a great article yesterday profiling the increasing fortunes for advanced statisticians.  As the world has become more data-driven and flush with raw numbers, the need to derive sophisticated insights from all that data has increased. Data does not speak for itself: The new breed of statisticians tackle that problem. They use [...]

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