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Showing posts with label analysis. Show all posts
Showing posts with label analysis. Show all posts

Sunday 30 October 2022

An MBA becomes PM, when the value of an MBA is questioned

 Stephen Chambers in The FT


Rishi Sunak is the first person of colour to become UK prime minister, the first Hindu and the richest premier in modern times. He is also, significantly, the first to hold an MBA degree. 

Sunak studied philosophy, politics and economics at Oxford, as so many leading British politicians have. But it is his time at Stanford’s Graduate School of Business — where he met his wife and was drilled in the finer points of competitive advantage and the capital asset pricing model — that sets him apart from his peers. 

Stanford Graduate School of Business sits at the heart of Silicon Valley, where Romanesque architecture, sunshine and social liberalism combine with libertarian and free market ideas and a core belief in the redeeming power of technology. It spans both suit-and-tie corporatism and T-shirt-and-sandal activism. Venture enthusiasm and techno-utopianism make for a heady business school environment. Two years in brutally competitive Palo Alto changes more than how people dress. 

Amid the Rodin sculptures on campus, Sunak will have absorbed Milton Friedman’s doctrine of shareholder primacy, Michael Porter’s “five forces” framework for understanding how industries work, so-called Monte Carlo simulations, the innovator’s dilemma and an emphasis on spreadsheets — all of it flavoured with Silicon Valley’s distinctive “move fast and break things” worldview. He graduated in 2006, the year Twitter was founded. The financial crisis hadn’t happened so MBAs had not yet been blamed for causing it. This was also the founding year of TOMS shoes, which gave away one pair of shoes to a child in need for every pair bought, the very model of the Silicon Valley social enterprise. 

The MBA has arguably been the most influential degree of the last 50 years. It has brought systematic discipline to practices that were previously ad hoc and weakly formalised, and serious analytical rigour to bear on starting, funding, running and advising businesses. It built a bridge between research in disparate disciplines and gave us a framework for talking about companies, competition, innovation and investment. 

But recently MBA influence has shown signs of waning. The traditionally high return on investment for the roughly quarter of a million students enrolled globally on such programmes is facing renewed scrutiny in the face of rising tuition fees, while those running the programmes have started to question their methods. What if shareholders aren’t the only people we should care about? What if markets don’t allocate resources optimally for social justice? What if the firm isn’t the most useful unit of analysis for getting things done? What if political reality isn’t captured or expressed by a spreadsheet? 

What does it mean to have an MBA as prime minister? Sunak’s Stanford education means he can run the numbers and pitch the vision. He can assess the net present value. He understands organisational behaviour and market-segmentation. But will any of this help when the rational expectations of MBA orthodoxy collide with politics and events? 

In his political career to date, Sunak has shown both TOMS shoes and Friedmanite instincts. The UK’s furlough scheme and “eat out to help out”, which he introduced as chancellor under Boris Johnson, were TOMS-ish, almost Keynesian. The austerity measures he is now contemplating suggest the opposite. And MBAs are very good at cutting costs. The economist Daron Acemoglu has suggested that employees in companies run by MBA graduates see their wages fall over a five-year period. Markets and owners like this. Employees probably don’t. 

Having an MBA in charge is reassuring if we think of the nation as a corporation. But critics of these programmes point to overconfidence, ethical lapses and a lack of real analytical or empirical evidence for widely adopted strategies. They bemoan an undue focus on case study learning, a lack of emphasis on softer skills, overreliance on corporate acquisitions rather than productivity improvements and a narrow focus on shareholder value. 

Business school admissions departments often say that their students are either “poets” or “quants”. Poets are usually humanities trained and uncomfortable with spreadsheets and valuation exercises. Quants are highly numerate, often with first degrees in engineering. Poets are comfortable with what Keats called “uncertainties, mysteries [and] doubts”. Quants are good at regression analysis. Poets sing, while quants count. Boris Johnson was a poet with a classics degree. He campaigned in poetry, and tried to govern in poetry as well. The UK’s new prime minister can clearly count, while his campaigning was done almost entirely in prose. But does Sunak’s MBA allow him to sing too?

Thursday 16 June 2022

‘If you work hard and succeed, you’re a loser’: can you really wing it to the top?

Forget the spreadsheets and make it up as you go along – that’s the message of leaders from Elon Musk to Boris Johnson. But is acting on instinct really a good idea? Emma Beddington in The Guardian
There are, it seems, two types of “winging it” stories. First, there are the triumphant ones – the victories pulled, cheekily, improbably, from the jaws of defeat. Like the time a historian (who prefers to remain nameless) turned up to give a talk on one subject, only to discover her hosts were expecting, and had advertised, another. “I wrote the full thing – an hour-long show – in 10 panicked minutes,” she says. “At the end, a lady came up to congratulate me on how spontaneous my delivery was.”

Then there is the other kind of winging it story – the kind that ends in ignominy. Remember the safeguarding minister, Rachel Maclean, tying herself in factually inaccurate knots when asked about stop-and-search powers? The Australian journalist Matt Doran, who interviewed Adele without listening to her album? Or the culture secretary, Nadine Dorries, claiming Channel 4 was publicly funded, then that Channel 5 had been privatised?

There are even worse examples. As a young journalist, Sarah Dempster was unwell when she was supposed to review a Meat Loaf concert, so she wrote the piece without attending. “An hour after publication, the paper called to inform me that the gig had, in fact, been cancelled. I was sacked,” she tweeted. “The Sun wrote a piece about it. The headline: ‘MEAT OAF’.”

Why does anyone wing it, and how do they dare? As a lifelong dreary prepper, I have been wondering this since reading a profile in the New York Times of winger extraordinaire Elon Musk. “To a degree unseen in any other mogul, the entrepreneur acts on whim, fancy and the certainty that he is 100% right,” it related, detailing how Musk wings even the biggest decisions, operating on gut feeling and without a business plan, rejecting expert advice.
Genius or graft? Apple founder Steve Jobs and Zhou Qunfei, China’s richest woman. Composite: Getty/Shutterstock/Guardian Design

What, I wonder, is the appeal of this strategy? And is it a legitimate – indeed, more successful – way of doing business? Can Musk, the CEO of Tesla (a company with a market capitalisation of £570bn) and the founder of SpaceX (the first private company to send humans into space) really be winging it?

Some are sceptical. “Is this self-presentation or an accurate statement?” asks Tomas Chamorro-Premuzic, an organisational psychologist and the author of Why Do So Many Incompetent Men Become Leaders? “Musk is probably way too smart to actually operate under that principle; he uses this arrogant self-presentation to his advantage. Brand Musk accounts for a big chunk of his success.” In contrast, he says, the recent Netflix SpaceX documentary shows Musk as “quite self-critical, quite humble”.

It is an idea echoed by Stefan Stern, a visiting professor at the Bayes Business School at City, University of London and the author of Myths of Management. “I can’t believe that he doesn’t draw on data; it’s a leading-edge thing he’s engaged in. When you promote yourself as a sort of visionary or hero, you absolutely want to try to claim that there’s something special about your insights – they’re not a petty, banal matter of data.” 

The implication is that Musk is like those schoolkids who claim not to have done a minute’s revision, then ace the exam. There is, the argument goes, something innately appealing about someone operating effortlessly on flair, instinct and inspiration: a Steve Jobs, not a Zhou Qunfei – the discreet founder of Lens Technology and the richest woman in China, who, Chamorro-Premuzic says, credits her success to “hard work and a relentless desire to learn”.

“There’s something romantic to the idea that there are mavericks who don’t need to work very hard,” adds Chamorro-Premuzic. “We say we value hard work and dedication, but, by definition, talent is more of an extraordinary gift and we celebrate that more.”

The leadership expert Eve Poole agrees. “No one wants to make it feel like hard work,” she says. “No one wants to say: ‘I slaved in front of a spreadsheet for 20 hours before I made that decision.’”

For Stern, Boris Johnson’s apparent penchant for winging it carries a similar message. “When he says: ‘We got the big calls right,’ he’s saying: ‘These small-minded people obsess about data and numbers and statistics, but with my instinct, my judgment, I – the uniquely gifted, insightful leader – got the big calls right.’ It’s not even true!”

His self-presentation as “a charismatic figure with panache who is apparently spontaneous” is particularly interesting, Stern says, given that “the other thing we know about Johnson is he’s not spontaneous, he doesn’t have good lines off the cuff”. (See that disastrous CBI Peppa Pig speech in November, recent prime minister’s questions performances or his testy, defensive responses in more probing interviews.)

Is there any foundation for the notion that gut feeling is superior to pedestrian, data-driven decision-making? The cognitive psychologist Gary Klein has spent his career researching intuition in decision-making; 35 years on, his research on how firefighters act swiftly under pressure in tough situations is still cited. “We weren’t looking for intuition,” he says. Rather, his team’s original theory was that firefighters might be rapidly evaluating two options when they decided how to tackle a fire. “They told us: ‘We don’t compare any options.’ More than that, they said: ‘We never make any decisions.’” Klein didn’t understand how firefighters could believe only one course of action was possible and land on it without making comparisons. 

Further digging revealed a different picture. With 15 to 20 years of experience, Klein explains, the firefighters were classifying the situation based on fires they had seen – a process known as “pattern matching”. The second step Klein called “mental simulation”: the firefighters would visualise how a course of action would run and adjust their model accordingly. “It’s a blend of intuition and analysis,” says Klein. The process was near-instantaneous. “Most decisions were made in less than a minute.”

So, what looks like winging it can, in fact, be instinctive decision-making backed up by experience – what Poole calls “really quick heuristics in your brain … synaptic connections established through years of conditioning”. Leaders who trust that, she says, “are just fucking excellent”.

This decision-making model is common in one of the areas where people are least comfortable with the idea of winging it: healthcare. No one wants to end up in the hands of a seat-of-the-pants neurosurgeon, but Klein’s research suggests medical professionals use intuitive decision-making and gut feeling as a matter of course.

His book The Power of Intuition tells the story of an experienced neonatal intensive care unit nurse accurately diagnosing a baby with sepsis just by walking past the incubator and getting a gut feeling, when a less experienced nurse who had been conscientiously tracking all the infant’s vitals had failed to spot it. “An experienced physician sees a cluster of cues and says sepsis. We’ve heard stories of someone who was just a resident; there was a tough case and they called the attending physician. The attending physician does not even enter the room and from the door just looks at the patient and sees there’s an issue and says: ‘Ah, congestive heart failure.’”
Firefighters in New York. Gary Klein’s research suggests they use ‘a blend of intuition and analysis’ to make quick decisions. Photograph: Anadolu Agency/Getty Images

The experiences that feed intuition can be less concrete. Poole has been researching what humans still have to offer in a world in which AI is ever-more powerful, such as what she calls “witch-style intuition” – that sense of foreboding when you enter a room or meet someone. “We all know we have had those feelings and we tend to discount them and think they’re a bit silly and weird,” she says. “But I think it’s probably coming from the collective historical unconscious, trying to keep us safe as a species.” There are, she says, two strands: “your own, desperately hard-earned gut feeling, laid down in templates of data and knowledge, then the spooky ephemera that you can pick up through ‘spidey sense’, which I think can still be really reliable.”

It can, but it isn’t always. Intuition of any kind is not infallible. Klein describes it as a “data point”: something to take into consideration, not to accept uncritically. One area in which intuition gives demonstrably poor outcomes is recruitment. As Chamorro-Premuzic explains, unstructured interview processes increase and reinforce conscious and unconscious biases about candidates. We all believe our own intuition to be superior, he says: “In an interview situation, this is a big problem, because hiring managers think they have an ability to see through candidates and to understand whether they are competent.” Companies will spend large budgets on diversity and inclusion, “then tell you they hire for ‘culture fit’ – and the main way to evaluate culture fit is whether somebody ‘feels right’ in a job interview. Even if managers are well-meaning and open-minded, they will gravitate towards candidates who are like them and they are comfortable with.” 

Moreover, studies show that people tend to make up their mind in the first 60 or 90 seconds, he says. This is pattern recognition gone wrong, according to Stern. When decision-makers see someone who reminds them of themselves, they think: “Oh yeah, he’s got the right stuff. I used to be like him.”

Donald Trump springs to mind here. I read Klein a typical Trump pronouncement: “I have a gut and my gut tells me more sometimes than anybody else’s brain can ever tell me.” It reminds Klein of two dangerous fallacies about intuition: “One, some people think intuition is innate ability, which I don’t think it is; it’s based on experience. Two, intuition is a general skill and will apply in lots of different situations. I don’t think that’s true.” Having decent intuition in an area where you have professional experience – “like real estate”, he says, pointedly – does not mean you have a transferable skill.

Talking to people who admit to winging it reveals that, mainly, they mean the “good” kind of intuition: calling on a wealth of relevant experience and deploying it in defined circumstances. That often involves an element of performance, where spontaneity can be the secret ingredient.

Susannah, who works in publishing, says: “I love to wing it in sales presentations. When I wing it, I suddenly find a new angle; it works every time. But only, I think, because I’m winging stuff I already know deeply.” Kathy, a senior financial services strategist, says: “If it’s something I don’t know at all, I won’t wing it, but in my area of expertise I’m the queen of prep five minutes before the meeting.”

These are the good wingers, but of course the bad ones are out there – the lazy, the grandiose blaggers and the bullshitters, too often in positions of power. “There are a lot of men, particularly, who do that,” says Poole. “I think it does appeal to people who don’t feel anything any more – it’s all so boring and that’s the way they get some feelings. It gives them a massive adrenaline rush; it makes them feel very powerful and victorious.” It is not usually a successful long-term strategy, she adds, comfortingly; what Chamorro-Premuzic calls “the sense of Teflon-style immunity” betrays them eventually. “I just think you get caught out. It’s the spin of the wheel and that’s why I hate it: it’s so risky for your organisation.”

But we still admire them, buy their products, even vote for them. Why do we fall for it? It is a lack of “followership maturity”, according to Chamorro-Premuzic, and varies from culture to culture. “I grew up in South America, where if you work hard and you succeed you’re automatically a loser,” he says. “Whereas if you bullshit and deceive people, we should worship you. There are cultures that truly value self-improvement, hard work and knowledge and there are cultures that value confidence.”

A country that wants to be entertained, he says, is likely to apply low standards for leadership, preferring self-belief to caution and hard work. “Whether it’s Trump, Boris, Steve Jobs, Elon Musk – they celebrate them because they challenge the establishment. When they behave in anarchic ways, disrespecting the rules, I think they can channel the anger that people have.” The kicker is that we assume there’s some competence behind the blagging and bluster, that the emperor is fully clothed. But how do we work out if it is true: spreadsheet or gut? 

Monday 25 November 2019

Do you take hours to make a simple decision? You may have Fobo

Fear of missing out has a more anxious sibling and could stop you going to social events – or buying your Christmas turkey. Here’s what is behind fear of better options explains Coco Khan in The Guardian


‘To have Fobo you must have options. So the richer you are, the more powerful you are, the more options you have’ … Patrick McGinnis.
 ‘To have Fobo you must have options. So the richer you are, the more powerful you are, the more options you have’ … Patrick McGinnis. Composite: Getty


Recently, Mike Hall, 48, a management consultant based in Winchester, decided to get ahead with Christmas preparations. “Do I buy the free range bronze turkey for 10-12, or 12-14, even though there are only seven of us for Christmas Day?” he wondered, attempting to tot up all the different variables. “What about leftovers? Should I buy two turkey crowns instead? And which ones?” Such granular decision-making went on and on, until eventually he gave up in exhaustion. He has not yet bought a turkey.

Indecision when the decision is simple, or the options all acceptable, is the defining characteristic of “fear of better options” – or Fobo – a social phenomenon coined by Patrick McGinnis, a US venture capitalist and the man known for coining the term Fomo, or fear of missing out. Fobo can occur everywhere from minor decisions – what to watch on TV, what to eat for dinner – to more significant ones such as whether to take a new job. Whatever the case, a Fobo-afflicted person may find themselves overwhelmed by the possibilities of what might be (some call this “analysis paralysis”) even when no outcome is guaranteed, and when some of those options aren’t even on the table.

A common example may be figuring out what to do on Friday night. Sure, the invitation to hang out with work colleagues is convenient and guaranteed to be enjoyable, but there is another party across town where something even more fun might be happening. Then there’s someone on Tinder who floated Friday night as a possible date, while your flatmates are heading to a restaurant opening.

Someone with Fobo is likely to hold back on commitment, or commit then cancel.

“I bail at the last minute, all the time” says Aoife O’Donaghue, 24, a recent graduate based in Edinburgh. Such dithering can be exhausting for friends and family who depend on someone for a firm commitment, and bring stress to the person themselves.


FacebookTwitterPinterest A Fobo-afflicted person may find themselves overwhelmed by the possibilities of what might be (posed by model). Photograph: Carl Smith/Getty Images/fStop

For O’Donaghue, it’s always the smallest decisions she has the hardest time making. She describes a time at university where she was trying to figure out where to study - the library or a cafe. “I was thinking, ‘Will I work better in one place? Would I like a cup of tea? Will there be enough seats?’” O’Donaghue describes working herself up over this for 15 minutes until she had a stress-induced stomach ache. “I ended up going to the library, and then to the cafe. So it didn’t even really matter” she laughs ruefully.

So what’s going on? McGinnis, who has been researching Fomo and Fobo over several years for his forthcoming book, and for his podcast Fomo Sapiens, argues that Fobo is not necessarily a new human behaviour. “These feelings are biologically part of who we are. I call it the biology of wanting the best. Our ancestors a million years ago were programmed to wait for the best because it meant they were more likely to succeed.”

But the mass introduction of sophisticated technology and the internet has accelerated Fomo and Fobo into a common social behaviour. After all, we are now able to easily compare ourselves with each other (thus producing feelings of Fomo) and overwhelm ourselves with choice (producing Fobo).

“Go on Amazon to buy a pair of white shoelaces and you have in excess of 200 choices, whereas 50 years ago you would go to Woolworths and choose between three,” says McGinnis. “So that’s the context. The other factor – which is more emotional – is that Fobo is driven by narcissism, because when you have Fobo, you’re putting your own interests well before anybody else’s, which leaves all the people around you on hold.”

“Harvard is a place unlike others in terms of the amount of opportunities you have – classes, social events, interviews – at your disposal,” he says. “I came from a simple background – a small town in New England – and when I arrived I found it extremely overwhelming. I wanted to do everything – which is Fomo – but at the same time, I wasn’t willing to say no to anything and just choose one thing, which was Fobo. I would wait until the last minute to see if a better option came along. And I realised that that was a pervasive behaviour at Harvard because of it being a choice-rich environment.”

This is the main difference between Fomo and Fobo. Anyone with a smartphone looking over the often manipulated and unrealistic lives of others on social media might feel Fomo. But Fobo, according to McGinnis, is an issue for the privileged.

“Fobo is an affliction of affluence,” says McGinnis. “To have Fobo you must have options. So the richer you are, the more powerful you are, the more options you have. That’s when you start to feel it.”

McGinnis doesn’t believe that Fobo is restricted to the individual either – large corporations can be affected by it (“a multinational with access to big data can always find a reason to justify not doing something”), and so can countries.

“I have come to believe that the Brexit situation is Fobo. Fobo is the inability to choose between one of many acceptable outcomes. You may not like Brexit but there are plenty of acceptable ways it could be structured, without going to no deal. But any time Mrs May brought a proposal to the Commons, she couldn’t get a vote because all of the MPs were waiting for a slightly better option.”

On the individual level, though, O’Donaghue is not entirely convinced. “I’m a privileged person, compared with other people. But I don’t think the things I’m choosing between are very luxurious. I’m talking about choosing dinner, or what’s on the telly. Maybe my problem is one of overthinking.”

Decision-making is a complex mental procedure involving several of the brain’s executive functions, that is, the key cognitive processes your brain uses to control your behaviour – from planning to managing impulses. People with conditions such as ADHD and autism, where executive functions can be impaired, may find themselves struggling to choose between options.

But is Fobo just an easy-to-swallow euphemism for something more serious or taboo, such as an anxiety disorder?

Nicky Lidbetter, chief executive of the charity Anxiety UK, doesn’t think so. “It is possible for anxiety to be experienced around many different issues, of which a fear of choosing the wrong option in regards to big life decisions may be one,” she says. “Fear of a better option, however, is more likely to be linked to or a trigger for a pre-existing anxiety condition as opposed to being sufficient to warrant being categorised as an anxiety disorder in its own right.”

So for those without pre-existing conditions, what exactly is everyone afraid of? What is the “fear” in Fobo?

McGinnis says it is a “fear of letting go”. “In order to choose something you must let go of another thing and it’s the fear of having to mourn the road untaken. So we would rather not decide at all and keep all of our options open.”  

There is some psychological foundation to this. Some psychologists have found that when it comes to decision-making, people can be split into two groups: “maximisers” or “satisficers”. Maximisers are people who make a choice based on maximum benefit later on, while satisficers (a portmanteau of “satisfied” and “sufficed” first coined by the Nobel laureate Herbert Simon in 1956) will make choices based on a modest criteria.

Maximisers, for example, may pay more for a bigger car than they actually need in case they want a bigger one in future, whereas a satisficer is likely to pick the car that is good for now. Maximisers set themselves high standards and are disappointed when they fail to reach them, lingering on what was lost rather than what they have. Both have been the subject of many studies, but one from 2011 conducted by a team led by Joyce Erlingher from Florida State University and published in the journal Personality and Individual Differences aimed to explore whether “maximisers show less commitment to their choices than satisficers in a way that leaves them less satisfied”. That is, are maximisers more likely to be unhappy with their choice, once they finally land on it? Their conclusion: a resounding yes. “Maximisers miss out on the psychological benefits of commitment,” the authors say. “Current research is trying to understand whether they can change. High-level maximisers certainly cause themselves a lot of grief.”

Perhaps then, those with Fobo are simply maximisers facilitated by contemporary technology, or perhaps contemporary technology is turning more of us into maximisers. Or maybe people just don’t really want to do half the things they say they do. 

Whatever the case, for McGinnis, correctly identifying this phenomena and giving it a name is crucial in changing these behaviours, which he sees as being “destructive”.

“It’s my view that Fomo isn’t all bad because Fomo can be that little whisper in your ear that we should try something different. If you see your friend starting a business on the side, or you see your friends going on a vacation to Malta and you feel Fomo, that’s a cue to try something else and open up your perspective. So a little Fomo is fine. But Fobo is not good.”

O’Donaghue however, is not so concerned about tackling her Fobo. “I think its an inherent part of my personality,” she says. “People get used to you being like that if you’re good friends.”

Neither is Hall. “It’s part of who I am, I have always been this way” he says. “Last year, it took four attempts and three hours for me to buy a turkey, looking across M&S, Waitrose, Tesco, Sainsbury’s. In fact, it got so late, they couldn’t even deliver it by the time I chose one.” But he is confident he will get this year’s turkey soon. He has already decided which one.

Thursday 11 August 2016

Jeremy Corbyn’s Labour opponents should accept that their failures created him

Owen Jones in The Guardian

Unless there is a dramatic and unlikely political upset, Jeremy Corbyn will again win the Labour leadership contest. It will be a victory gifted by his opponents. Last year, his triumph was dismissed as a combination of madness, petulance and zealotry. But many commentators lack any understanding or curiosity about political movements outside their comfort zone. Political analysts who scramble over one another to understand, say, the rise of Ukip have precious little interest in a similar treatment of Corbynism, abandoning scholarship for sneers. The likes of Ukip or Donald Trump or the French Front National are understood as manifestations, however unfortunate, of genuine grievances: the movements behind Bernie Sanders, Podemos and Jeremy Corbyn are dismissed as armies of the self-indulgent and the deluded.

A few days ago, I wrote a piece about the Labour leadership’s desperate need to get a handle on strategy, vision and competence, and reach beyond its comfort zone. A failure to do so could mean not just its own eventual demise, but that of Labour and the left for a generation or more. Among some, this piece provoked dismay and even fury. Yet Corbyn’s victory is all but assured, and if the left wishes to govern and transform the country as well as a political party, these are questions that have to be addressed – and a leadership contest that may be swiftly followed by a potentially disastrous snap election is exactly the right time. But that is of limited comfort to Corbyn’s opponents – some of whom are now dragging their own party’s membership through the courts. They often seem incapable of soul-searching or reflection.
Corbyn originally stood not to become leader, but to shift the terms of debate. His leadership campaign believed it was charging at a door made of reinforced steel. It turned out to be made of paper. Corbyn’s rise was facilitated by the abolition of Labour’s electoral college and the introduction of a registered supporters scheme. The biggest cheerleaders included Blairites; much of the left was opposed, regarding it – quite legitimately – as an attempt to dilute Labour’s trade union link. When the reform package was introduced, Tony Blair called it “bold and strong”, adding that he probably “should have done it when I was leader”. Two years ago, arch-Blairite columnist John Rentoul applauded the reforms, believing they helped guarantee Ed Miliband would be succeeded by a Blairite. Whoops.

Here was a semi-open primary in which candidates had an opportunity to enthuse the wider public: Corbyn’s opponents failed to do so. The French Socialists managed to attract 2.5 million people to select their presidential candidate in 2011; a similar number voted in the Italian Democratic party’s primary in 2013. In the early stages of last year’s leadership contest, members of Liz Kendall’s team were briefing that she could end up with a million votes. The hubris. The candidates preaching electability had the least traction with a wider electorate. There are many decent Labour MPs, but it is difficult to think of any with the stature of the party’s past giants: Barbara Castle, Nye Bevan, Ernie Bevin, Herbert Morrison, Margaret Bondfield, Harold Wilson, Stafford Cripps, Ellen Wilkinson. Machine politics hollowed out the party, and at great long-term cost. If, last year, there had been a Labour leadership candidate with a clear shot at winning a general election, Labour members might have compromised on their beliefs: there wasn’t, and so they didn’t.

When a political party faces a catastrophic election defeat, a protracted period of reflection and self-criticism is normally expected. Why were we rejected, and how do we win people back? But in Labour’s internal battle, there has been precious little soul-searching by the defeated. Mirroring those on the left who blame media brainwashing for the Tories’ electoral victories, they simply believe they have been invaded by hordes of far-left zombies assembled by Momentum. The membership are reduced to, at best, petulant children; at worst, sinister hate-filled mobs. Some of those now mustering outrage at Corbynistas for smearing Labour critics as Tories were the same people who applied “Trot” as a blanket term for leftwingers in the Blair era. Although Tom Watson (no Blairite) accepts there are Momentum members “deeply interested in political change”, he has raised the spectre of the shrivelled remnants of British Trotskyism manipulating younger members; but surely he accepts they have agency and are capable of thinking for themselves? Arch critics reduce Corbynism to a personality cult, which is wrong. In any case, when Blair was leader, I recall his staunchest devotees behaving like boy-band groupies. I remember Blair’s final speech to party conference – delegates produced supposedly homemade placards declaring“TB 4 eva” and “We love you Tony”.

Corbynism is assailed for having an authoritarian grip on the party, mostly because it wins victories through internal elections and court judgments: ironic, given that Blairism used to be a byword for “control freakery”. Corbyn’s harshest critics claimed superior political nous, judgment and strategy, then launched a disastrously incompetent coup in the midst of a post-Brexit national crisis, deflecting attention from the Tories, sending Labour’s polling position hurtling from poor to calamitous, and provoking almost all-out war between Labour’s membership and the parliamentary party: all for the sake of possibly gifting their enemy an even greater personal mandate. They denounce Corbyn’s foreign associations, but have little to say about former leader Blair literally having been in the pay of Kazakhstan’s dictator Nursultan Nazarbayev, whose regime stands accused of torture and the killing of opponents. Corbyn’s bitterest enemies preach the need to win over middle-class voters, then sneer at Corbynistas for being too middle class (even though, as a point of fact, polling last year found that Corbyn’s voters were the least middle class). They dismiss Corbynistas as entryists lacking loyalty to the Labour party, then leak plans to the Telegraph – the Tories’ in-house paper – to split the party.

It is the absence of any compelling vision that, above all else, created the vacuum Corbyn filled. Despite New Labour’s many limitations and failings, in its heyday it offered something: a minimum wage, a windfall tax on privatised utilities, LGBT rights, tax credits, devolution, public investment. What do Corbyn’s staunchest opponents within Labour actually stand for? Vision was abandoned in favour of finger-wagging about electability with no evidence to back it up. Owen Smith offers no shortage of policies: but it is last summer’s political insurgency within Labour’s ranks one must thank for putting them on the agenda. Some MPs now back him not because they believe in these policies – they certainly do not, and follow Blair’s line that he would prefer a party on a clearly leftwing programme to lose – but because they believe he is a stop-gap.

Anything other than gratitude for New Labour’s record is regarded as unforgivable self-indulgence. The Iraq war – which took the lives of countless civilians and soldiers, plunged the region into chaos and helped spawn Islamic State – is regarded as a freakish, irrational, leftwing obsession. The left defended New Labour against the monstrously untruthful charge that overspending caused the crash, but the failure to properly regulate the banks (yes, the Tories wanted even less regulation) certainly made it far worse, with dire consequences. On these, two of the biggest judgment calls of our time, the left was right and still seethes with resentment that it wasn’t listened to.

The problems go much deeper, of course. Social democracy is in crisis across Europe: there are many factors responsible, from the changing nature of the modern workforce to the current model of globalisation, to the financial crash, to its support for cuts and privatisation. Still, that is no excuse for a failure to reflect. Corbyn’s opponents have long lacked a compelling vision, a significant support base and a strategy to win. When Labour fails at the ballot box, its cheerleaders are often accused of blaming their opponents rather than examining their own failures.

The same accusation can be levelled now at Corbyn’s opponents. They are, by turns, bewildered, infuriated, aghast, miserable about the rise of Corbynism. But they should take ownership of it, because it is their creation. Unless they reflect on their own failures – rather than spit fury at the success of others – they have no future. Deep down, they know it themselves.

Thursday 17 September 2015

Databall

Big data is already reshaping on-field tactics and team selection. It may not be too long before it changes the game as we know it
KARTIKEYA DATE in Cricinfo | SEPTEMBER 2015

In 2012, Rajasthan Royals signed Brad Hodge, one of a generation of high-quality Australian cricketers who spent years on the fringes of an all-time great side. Given Hodge's pioneering T20 efforts, above and beyond his first-class and Test experience, this was a major signing by IPL standards.

Conventional wisdom held that Hodge should bat early in the innings. But Royals used Hodge deep in the order, preferring lesser local players at Nos. 3, 4 and 5. Observers were perplexed. ESPNcricinfo's S Rajesh wrote that their decision defied logic because Hodge had better overall numbers than those who batted ahead of him.

Zubin Bharucha, Royals' director of cricket, explained the rationale behind Hodge batting at No. 6 or even 7 in an email interview. He said Royals had "nobody better to play the role against the fast bowlers, and with those last four-five overs deciding the course of a majority of games, wouldn't you want the player having the best stats against fast bowling to take on the responsibility for that phase?"

According to Bharucha, they found that Hodge had done brilliantly against pace (a strike rate of 157) but relatively poorly against spin (strike rate 115). Why use him at No. 3 when he would almost certainly have to face the full spells of the opposition's specialist spinners? Even if a spinner was bowling late in the innings, Rahul Dravid, then Royals' captain, told me in a Skype interview, the instructions to Hodge were to avoid taking chances, play the over out if need be, and save himself to attack the faster bowlers. Hodge's batting position was incidental. The point was to use him against fast bowling at the end of the innings. Data showed that this would be a better use of Hodge than the more conventional approach.

A journeyman Ranji Trophy batsman could work on one aspect of his attacking play to the exclusion of all others and become useful for his franchise as a hyper-specialist

This strategy seemed to work during Hodge's second season with Royals. He remained unbeaten seven times in 14 innings and scored 293 runs in 218 balls. Interestingly Hodge played for two other T20 sides between 2012 and 2014 - Melbourne Stars and Barisal Burners. Both used him in one of the top three spots and he did just as well in terms of strike rate and batting average. However, the success of Royals' experiment lay not just in Hodge's numbers but in the success of other players and of the team as a whole.

Royals was not the first side to make such a tactical choice. Don Bradman famously reversed his batting order on a drying pitchin Melbourne in the 1936-37 Ashes. Sunil Gavaskar has written in One Day Wonders about holding back Kapil Dev while Lance Cairns was bowling in the semi-final of the 1985 World Championship of Cricket. Gavaskar felt Kapil was better off taking on the pace of Richard Hadlee rather than the deceptively tempting mediums of Cairns. Kapil made 54 in 37 balls and saw India home.

There have also been more systematic tactical choices. During the 1995-96 Australian domestic season, John Buchanan, then the Queensland coach, used Jimmy Maher and Martin Love to take on fast bowlers in the last ten overs. As Buchanan explained in an email interview, "I wanted skilled batsmen who could also run well between wickets to take advantage of this period. It did mean we might sacrifice some scoring possibilities earlier, but I backed our top order as well as the fact that we chose some batting allrounders who could bat higher."


Fast-bowler slayer: Rajasthan Royals' use of Brad Hodge down the order defied conventional wisdom, but it paid off © AFP

More famously Ajit Wadekar and Mohammad Azharuddin used Sachin Tendulkar to open the innings in ODIs in 1994, a move that lasted 18 years, multiple captaincies and brought India 15,310 runs and two World Cup finals. Arguably, it also paved the way for two other middle-order batsmen, Sourav Ganguly and Virender Sehwag, to open in ODIs.

Note the difference between Bharucha's explanation for the Hodge tactic and the other examples. Buchanan's explanation was based on an understanding that a specialist batsman's methods are useful against faster bowlers. Gavaskar's educated guess was down to his reading of Kapil's approach. Bradman surmised that the surer methods of specialist batsmen would yield greater results on a drier pitch. The "data", such as it was, that Wadekar and Azharuddin had to go on, had to do with Tendulkar's ability to attack the bowling, and Tendulkar's enthusiasm for the job. Bharucha had nothing to say about Hodge's technique or approach. His reasoning was based entirely on a new kind of measurement - the measurement of outcomes, based on events that had been recorded.

The central question teams need to tackle is whether or not a coach has a legitimate role as a tactician when a game is in progress


It would be a mistake to think that tactical choices were not based on data before the IPL or before Buchanan became Australia's coach. Data was used. It was data about technique and approach, not outcomes. It may not have been tabulated into percentages or frequency distributions or probabilities, but technique has always been based on propensities. The history of the game is littered with stories of eagle-eyed slip fielders who could see a batsman and work out his weaknesses - which good bowlers could then exploit. The use of logical inference based on observed fact to improve performance and make tactical choices is as old as the game itself. What is new is the type of data being collected.

"Moneyball", the data revolution in baseball, is about getting better value for money. As Jonah Hill's character in the movie about Oakland Athletics explains, teams have to think in terms of buying runs and outs, not players. The argument in Moneyball is an argument between two types of data: data from scouts, who observe players and reach judgements about their potential, and data about outcomes - runs, outs, walks, strikeouts and the like.

In baseball, the basic use of data about outcomes is to identify inefficiencies in the way players are valued. The returns on this approach should logically diminish with time; an inefficiency is only an inefficiency until other teams also see it as one. For example, if Mumbai Indians decided to use their deeper pockets to ensure the most favourable match-ups for as many of the 20 overs as possible, Royals would no longer have a competitive advantage. If Mumbai Indians looked at the same data as Royals, and made sure that a spinner was held back until Hodge came in to bat, they would be able to somewhat negate Hodge's effectiveness. Before long the quest to eliminate inefficiencies will merely keep teams from falling behind, instead of giving them a competitive advantage.



LA Dodgers manager Don Mattingly runs the show from the dugout, involving himself before nearly every pitch © Getty Images

This could play a big role in the kind of players that teams will select. Royals provide a glimpse into the future. Their decision to open the batting with Dravid (and later with Ajinkya Rahane) was the result of a combination of insights. The data showed that being 45 for 1 after six overs was better than being 60 for 3 at the same stage, and so Royals, according to Bharucha, "wanted someone who could hit good cricketing shots along the ground and pierce the gaps". Between 2011 and 2013, Dravid was an above-average IPL opener, scoring quickly and surely. After the Powerplay his scoring rate often dropped and his efforts to score at pace led to his dismissal far too regularly. Both Dravid and Bharucha told me that the idea of Dravid throwing caution to the wind after the sixth over, instead of trying to anchor the innings, was considered. The data suggested that it was more advantageous for Dravid to get out trying to score quickly than to develop his innings in the conventional sense after the Powerplay. In other words, it was better for Dravid to be replaced by a player who is, say, exceptionally good at hitting legspin, but not so good at other aspects of batting, or eventually by Hodge, the late-overs specialist hitter of pace.

It is possible to imagine a future where players develop their game in such hyper-specialised directions. The IPL already rewards players who are exceptionally skilled at hitting medium pace over the infield - though their game has not developed in other directions. Teams may soon try to ensure that these hyper-specialists are not used in situations that require other talents. Platooning - the idea of using specific players against specific opponents - is a time-honoured practice in baseball. Many baseballers focus on enhancing specific skills for specific situations - like left-hand relief pitchers going up against left-hand batters late in the innings.

When Bob Woolmer tried to get Hansie Cronje to wear an earpiece he was not merely ahead of his time, he was trying to subvert the architecture of the sport

This trend could create new opportunities in cricket. A journeyman Ranji Trophy middle-order batsman, who will never challenge Rahane for a slot in India's Test team, could work on one aspect of his attacking play to the exclusion of all others and become useful for his franchise as a hyper-specialist. The logical conclusion of Hodge's story would be for Royals to leave him out of the XI against a team playing no fast bowlers, even if he was in fantastic form. Instead they might select a local batsman who is extremely skilled at hitting spinners. The data might eventually show that a $35,000 local player is better than a $350,000 international in a big final.

Developing such hyper-specialists runs counter to generations of coaching wisdom. This tension came through in my interview with Bharucha, who was keenly aware of the different emphases involved in training a Test player and training an IPL specialist. Royals say that their ambition is to produce cricketers for India. But they need to balance the necessity of training specialists - to make the most of their limited resources - against producing well-rounded Test cricketers. Bharucha, a former first-class batsman who learnt his cricket under old-school coaches in Mumbai, points to the development and ambitions of Rahane, Sanju Samson, Stuart Binny and Karun Nair (who hit a triple-hundred in the 2015 Ranji final) as all-format players. "The way we teach and instruct," Bharucha wrote, "will always be to tighten technique and play quality cricket shots, even though it is T20 we are talking about. I feel coaching has always got to be something far deeper and must include the overarching goal of improving the quality of cricket played around the world."


The cerebral coach: John Buchanan's method revolved around making players accountable for their decisions on the field © AFP

Bharucha is aware of the contradiction. On the one hand Royals take a radical approach to batting. As he explained with regard to Hodge, "There are no batting numbers at Royals, only an over in which a batsman could potentially go in."

On the other hand, Bharucha also said, "At Royals one always weighs all of this up against the promotion of Indian talent, as year on year we look to shape the life and career of someone who could be a valuable contributor to the country. It's never just a shallow decision of who should bat where."

Winning in the IPL may well require cold-blooded platooning and the pursuit of hyper-specialists. But it would be a mistake to ignore the way longer currents of history shape the work of coaches and tacticians, whatever the data might say.

Acombination of technology and vast sums of money on offer has played a big part in creating the basis for a data-centred approach to tactics and specialisation. Some, like Bharucha and Buchanan, see data in match play and coaching as a boon. Buchanan visualises the role of the cricket coach evolving into one of a tactician and match-manager. But like all change, progress has been interrupted by older conventions and attitudes.

The use of logical inference based on observed fact to improve performance and make tactical choices is as old as the game itself. What is new is the type of data being collected


Compared to Bharucha, Buchanan met with less success in implementing his ideas at Kolkata Knight Riders. His attempt to rope in a fielding coach with a baseball background (John Deeble) wasn't as successful as his path-breaking use of Mike Young with the Australian side. During his two-year stint as director of cricket in New Zealand, Buchanan says, a couple of economists used a huge data set to produce an "in-game analysis which gave information to the coach and team what tactics should be employed on the next delivery or next few deliveries to control the game, and thereby influence the probability of winning". The idea never took off and was resisted by coaches and players.

Buchanan makes the point about how a data-based approach to on-field strategy requires players to be accountable for each of their decisions. If the coaches don't know exactly what a bowler is trying to do with a given delivery, it is impossible for them to know whether the bowler's plan was successful (irrespective of the outcome). "If we [the team and coaching staff] know what the set play looks like, then we are all tuned to how well that is executed." Buchanan says players are resistant to this kind of accountability, and perhaps also to giving up autonomy.

The central question teams need to tackle is whether or not a coach has a legitimate role as a tactician when a game is in progress. The architecture of cricket grounds sets up many constraints. During T20 games players sit in dugouts - an innovation borrowed from American sport and football. However, in baseball and football, the dugout serves a specific purpose: the coach or manager runs the game from there. Not only does Don Mattingly, the coach of the Los Angeles Dodgers baseball team, instruct his players before nearly every pitch, he also has an elaborate system of signs that is constantly updated so that it remains secret.


Peter Moores was criticised for being data-driven but so are many teams and coaches © Getty Images

In cricket, the relationship between those off the field and the active players has traditionally been distant. When Bob Woolmer tried to get Hansie Cronje to wear a earpiece he was not merely ahead of his time, he was trying to subvert the architecture of the sport. Cricket has traditionally had a different approach to accountability compared to baseball or football. This is no surprise. Baseball and football have been played for profit for far longer than cricket has, and consequently are mature big-money sports. It is unlikely that baseballers and footballers - often young men with little professional experience - are going to be left to their own devices when so much money is at stake. Every play has to be managed and every effort has to be made to get the most out of every play, or at least, teams need to be seen to be getting the most out of every play. Cricket may eventually get there but it will need both a change in attitudes, and there will need to be a means for coaches to get involved in each on-field decision.

The effectiveness of the use of cricket data is limited by how often new information can be conveyed to players and also by how often players can be substituted during a game. In baseball only nine players are in the game at any time, but each team's bench holds a further 16, of whom about 12 are usually available for use.

The use of match data in cricket is still in its infancy. Here is an example of software used by Cricket Australia (CA). It is developed by a company called Fair Play, and many cricket teams (franchise and international) use this system.


© Fair Play

Currently data is entered manually, in real time. The time available to make a record of each delivery is limited to the time it takes for the bowler to deliver the next one. As CA's Team Performance Information Manager Brian McFadyen observed in an email, it is much harder to capture data when spinners are bowling than when fast bowlers are bowling. A total of 166,006 balls were delivered in men's international cricket alone in 2014. Collecting data for 60 or 70 variables for each delivery would take about 5500 hours, assuming that it takes, on average, two seconds to record each variable. As you can imagine, this is an expensive and labour-intensive proposition.

Cricket might go the way of Major League Baseball's Statcast, a tracking technology used by many baseball franchises and now also available on broadcast. According to the MLB website, Statcast "collects the data using a series of high-resolution optical cameras along with radar equipment that has been installed in all 30 Major League ballparks. The technology precisely tracks the location and movements of the ball and every player on the field at any given time."

The data is mined using algorithms on the raw video data, and hence a large amount of data is captured for every single pitch. It is not only used by franchises for analysis but also in broadcasts to help fans develop a better understanding.

The use of data promises to change not only how cricket is played but also how it is watched and analysed. It is possible to foresee new types of television shows presenting data-based insights, and new types of fan engagements, like fantasy leagues, enhanced by the use of data. Perhaps conventional wisdom about risk-taking and probabilities of success will be refined. Today's television broadcast is littered with statistics like WASP, the Batting Index, the Bowling Index and the Pressure Index. What is missing is a critical mass of experts who are competent enough to discuss the merits of these measures and educate fans on how they work.

Instead of ambidextrous players - polymath super-cricketers - big data might produce mini-cricketers run by super-managers


The first decade of franchise-based cricket saw the language and grammar of long-form cricket being adopted wholesale to describe the new game. Spinners, we were told in the early days, were deceiving batsmen the same way they did in Tests. This despite the fact that batsmen were often of a different mindset facing spin in T20s than in the middle of a Test. It is now clear that the 20-over game has little in common with the longer versions, and perhaps the use of data to maximise each player's productivity will provide the impetus for a new language.

The larger question is how this will affect the way the game is played. Buchanan's dream of using data and technology to systematically develop ambidextrous players - polymath super-cricketers - may well have to give way to developing thousands of players who loft the ball better than Tendulkar ever could, but can't play the short ball at all. Instead of super-cricketers, big data might produce mini-cricketers run by super-managers.

We have already seen how things can go pear-shaped for super-managers. Peter Moores had two stints as England's head coach. Kevin Pietersen, the England captain during Moores' first stint, would later ridicule him for constantly emphasising metrics. In his autobiography Pietersen suggested that the central effect of all the data input was to irritate the players. Moores' second stint ended farcically when an innocent comment, after England were eliminated from the 2015 World Cup, was used as proof of his unhealthy obsession with data. The subtext was obvious: sport is played with heart and brawn, so who does this guy think he is to assume numbers are important? For fans humiliated by a big defeat, this type of chauvinism is too delicious to resist. Data - facts - would just complicate their catharsis.

At the same time, data is central to every team's preparation for matches. In an interview to the Cricket Monthly, Ricky Ponting observed that matters have reached a point now where every player has a laptop, and every player has to study before games. Whatever Moores' critics might say, every team pores over vast amounts of data and studies their opponents.

What remains to be seen is the effect of big data on cricket's evolution. Will the overall quality of the game improve? Will the coach emerge as match-manager and chief tactician? Will tomorrow's average cricketer be fitter, stronger, more skilful, more versatile than today's? Or, despite the best intentions of coaches, captains and players, will the data ensure that new types of tail-enders proliferate?

Time will tell.

Friday 8 May 2015

The inequity of UK's election results 2015

By Girish Menon

Party
Seats
Gain
Loss
Net
Vote (%)
Change (points)
Total Votes

Conservative
331
38
10
28
36.9
0.5
11.3 ml
Labour
232
23
48
-25
30.4
1.5
9.3 ml
Scottish National Party
56
50
0
50
4.7
3.1
1.4 ml
Lib Dems
8
0
49
-49
7.9
-15.2
2.4 ml
DUP
8
1
1
0
0.6
0
.18 ml
Sinn Fein
4
0
1
-1
0.6
0
.17 ml
Plaid Cymru
3
0
0
0
0.6
0
.18 ml
SDLP
3
0
0
0
0.3
-0.1
.09 ml
UUP
2
2
0
2
0.4
n/a
.11 ml
UKIP
1
0
1
-1
12.6
9.6
3.9 ml
Green
1
0
0
0
3.8
2.8
1.1 ml

The Electoral Reform Society, a campaign group, has modelled what would have happened
 under a proportional voting system that makes use of the D'Hondt method of converting votes to seats.


FPTP v PR