By Rajat Taneja, Executive Vice President, Technology, Visa Inc.
In a pivotal scene in the movie Moneyball, Billy Beane, general manager of the Oakland A’s (played by Brad Pitt), is confronted by Art Howe, team manager (Philip Seymour Hoffman), about scouting team players. It’s portrayed as a clash of philosophies — tradition and instinct against modernity and analytics. Spoiler alert: science wins.
In many ways, hiring top talent is subject to the same dueling ideologies and is playing out with the same results. In the book Great by Choice, the authors Jim Collins and Morten T. Hansen identify 10x-ers as companies and individuals that add or deliver ten times greater value than their peers.