Money Ball -Human Resources Management

Final Case Study

Webster University

HRMG 6000

Based on the “Billy Beane: Changing the Game” case, explain how and why the Oakland A’s economic situation after 1995 shaped its compensation strategies.

There were a number of factors that were approached differently due to the economic situation of the Oakland A’s. The A’s used the basic business strategy which ideally drives the compensation philosophy, the internal value of a position relative to others in the organization, the external market, and the performance of the individual. However, because the compensation budget was so low compared to others in the league, the A’s had to ignore the external market and concentrate on the internal value.

Based on the “Billy Beane: Changing the Game” case, explain how and why the Oakland A’s economic situation after 1995 shaped its staffing (recruiting, selection, and retention strategies) strategies.

In addition, because the budget was so low, the A’s would need a more efficient way to scout and recruit. They could no longer rely on the old way of a chance finding by watching numerous games and looking out for the star. They changed by using statistics of the players and determining through numbers, who would contribute the most to the team.

Based on the “Billy Beane: Changing the Game” case, explain how and why the Oakland A’s economic situation after 1995 shaped its training and development strategies.

Again, because of budget restrictions, the A’s were not able to afford league’s most sought after star players. Instead they concentrated on the strengths of players and developed those strengths. “Unfortunately paying people based on what they could do rather than on what they produce can bankrupt the organization— unrealized potential is hard to turn into profits.” (Greene, 2010) The A’s transformed the organization by implementing a strengths-based approach to employee development. But transformational change requires more than...