Working Paper IIMK/WPS/226/QM&OM/2017/10 March 2017 Key Performance Indicators for Factor Score based Ranking in ODI Cricket Prashant Premkumar1 Jimut Bahan Chakrabarty2 Shovan Chowdhury3 1 Doctoral Student, QM & OM Area, Indian Institute of Management Kozhikode, IIMK Campus P.O, Kerala – 673570, India, E-mail:
[email protected], Phone: +91-8589013714 2 Doctoral Student, QM & OM Area, Indian Institute of Management Kozhikode, IIMK Campus P.O, Kerala – 673570, India, E-mail:
[email protected], Phone: +91-9567933513 3 Associate Professor, QM & OM Area, Indian Institute of Management Kozhikode, IIMK Campus P.O, Kerala – 673570, India, E-mail:
[email protected], Phone: +91-9539849773 1 IIMK WORKING PAPER Key Performance Indicators for Factor Score based Ranking in ODI Cricket Prashant Premkumar Doctoral Student of QM & OM Area, IIM Kozhikode Jimut Bahan Chakrabarty Doctoral Student of QM & OM Area, IIM Kozhikode Shovan Chowdhury Associate Professor of QM & OM Area, IIM Kozhikode Abstract: Ranking of players is an important aspect of any sport. Player rankings are of concern to sports authorities, the players and the enthusiasts and with commercialization of sports it is even more important to the investors. This paper explores the factor analysis approach to rank players in One Day International (ODI) cricket. The paper ranks batsmen and bowlers who have played during the calendar year 2015. It uses a dynamic approach of generating factor scores on a match by match basis which may be used for further analysis such as valuation of players, as the ranks can be considered as a good representation of a player’s form and performance.