today’s business world, any decision made by a manager can have serious implications on the progress of the organization. In addition to the intense pressure, the manager is also under constant scrutiny from his peers and supervisors. Keeping all this in mind, any soon-to-be business manager needs to be fully prepared to defend his decision making abilities. The book Moneyball gives a fair idea of this process, as the manager of the featured baseball team is faced with similar kinds of challenges.

Q) With the limited resources in hand, how can a manger make the most effective decision?

Every manager in modern world is faced with the limitation of resources. Organizations expect the manager to make effective decisions with a limited amount of resources on hand. This was the case with Billy, the manager of Oakland A’s baseball team. He had to select the best possible players for the club with only a limited amount of money at his disposal. It is very important for a manager to think outside the box in these situations. The manager has to understand that all his competitors have access to the same information and therefore, in order to outperform his competitors, the manager needs to be creative.

By thinking outside of the box a manager is engaging in integrative thinking. As in the case of Billy, the manager needs to understand that market perception is not always right. The manager also has to learn from the experience of others. People learn with experience, so it is very important to interact with people around you. With a large number of interactions, you get to learn new things you might not otherwise have learned. It is very important that the manager not think that his experience is typical. Every individual has unique learning style and experiences. As a result, it is very important for the manager to understand and learn from the experiences of his