http://hitachidatainteractive.com/2008/05/09/americas-favorite-pastime-how-you-measure-performance-impacts-results/ XBRL News and Commentary from the Hitachi XBRL Business Unit Wed, 10 Mar 2010 05:20:53 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://hitachidatainteractive.com/2008/05/09/americas-favorite-pastime-how-you-measure-performance-impacts-results/comment-page-1/#comment-32519 | DAILY DUNKS Fri, 31 Jul 2009 10:20:08 +0000 http://hitachidatainteractive.com/2008/05/09/americas-favorite-pastime-how-you-measure-performance-impacts-results/#comment-32519 [...] Mike highlighted to me that the traditional “lagging” indicators prevalent in performance management metrics such as EPS, gross revenue increases, current ratio type metrics need to be supported or superseded by more predictive analytics that can achieve deeper “sum of the parts” and “cause and effect” type insight . To illustrate this, he provided a great analogy in the baseball metrics guru Bill James, who, following a deep analysis of contributing factors that led to baseball games being won, established a new set of predictive metrics, called sabermetrics. The traditional “batting average” metric was to give way to the “on base %”sabremetric. This analogy was originally presented in a blog post he wrote with Michael Smith of Gartner, who is spearheading the EBRC consortium. [...] [...] Mike highlighted to me that the traditional “lagging” indicators prevalent in performance management metrics such as EPS, gross revenue increases, current ratio type metrics need to be supported or superseded by more predictive analytics that can achieve deeper “sum of the parts” and “cause and effect” type insight . To illustrate this, he provided a great analogy in the baseball metrics guru Bill James, who, following a deep analysis of contributing factors that led to baseball games being won, established a new set of predictive metrics, called sabermetrics. The traditional “batting average” metric was to give way to the “on base %”sabremetric. This analogy was originally presented in a blog post he wrote with Michael Smith of Gartner, who is spearheading the EBRC consortium. [...]

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