Thursday, January 31, 2013
Index Universe: Yankees GM: Quant Analysis Key To Winning
IU: So you have essentially an analytic process, right?
Cashman: Big time. I’ve been with the team here about 15 years now, and going on my 16th year, and I have changed over time as a department head. One of the changes I’ve made is to take the Yankees into the 21st century. When you see things in the industry improve and change, you’ve got to keep up with the challenges. We have created a quantitative analysis department and hired a director of quantitative analysis. That department has grown to some 14 people who manage a number of different information streams. Not only do they pool that information, but then it is dissected and produced in a meaningful way about what is truly taking place on the field in present performance and then future predictable performance. That has certainly allowed us to make safer, more informed decisions.
Brian Cashman talks about some of the ways Yankees use quantitative analysis in this interview. He doesn’t say if quantitative analysis was the impetus behind signing Tony Womack and Jaret Wright and Chan Ho Park, but he does get into why they didn’t bid aggressively on Yu Darvish, indirectly.
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