THINK 12: Billy Beane Explains the Power of Data
BOCA RATON, Fla. — CO-OP financial Services' annual THINK Conference lived up to its reputation for presenting credit union industry leaders with unexpected and diverse ideas as consultants, CEOs, academics and other professionals shared their histories and approaches.
A famous guitar player who became a defense consultant and the man who revolutionized how to run baseball teams led the two days of presentations with strong messages to credit union executives about the approaches to reinvent and revitalize the credit union industry.
“What a jazz quartet does, for example, is solving a problem presented by a piece of music. They see it as a problem that needs a solution that each of them will share a part in solving,” he said. He described the solution process as taking the very big problem presented by the entire piece of music, breaking it into separate parts or chords, and then reassembling it in a different way.
Baxter drew from both his experience as a musician and as a military consultant to demonstrate how the fundamentals of a song or military tactic can remain the same but also change. Chords can be substituted within chord groups to sharply change the sound of a song, while the song's lyrics remain the same and tactics can keep the same goals but be adapted to meet different situations.