According to Thomas H. Davenport and Jeanne G. Harris in their incredibly timely and insightful book, Competing on Analytics, there were four common key characteristics:
1) Analytics supported a strategic, distinctive capability
2) The approach to and management of analytics was enterprise-wide
3) Senior management was committed to the use of analytics
4) The company made a significant strategic bet on analytics-based competition
Quote from Rob Neyer, ESPN
"In business, as in baseball, the question isn't whether or not you'll jump into analytics; the question is when. Do you want to ride the analytics horse to profitability...or follow it with a shovel?"
Tuesday, December 11, 2007
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