Short Takes...on Analytics
|Posted by Jane Griffin, Principal, Deloitte Consulting LLP, and US Deloitte Analytics Leader|
On a recent trip to Singapore, I had the pleasure of joining some colleagues and clients for a private screening of the movie “Moneyball.” While I’m very familiar with the story, which is well known in and outside of the analytics world, I was excited to see how it was conveyed on the big screen -- and the great cast didn’t hurt either! One line in the movie signaled what I’d call a quiet revelation, the one that seems obvious but sits and simmers until it’s undeniable. “Your goal shouldn't be to buy players. Your goal should be to buy wins. In order buy wins, you need to buy runs.”
You may not need to buy “runs” for your organization, but do you know what it is you do need? Do you know where to find it? Do you know how to use it once you do? Analytics gave the Oakland A’s a new way to approach the business of baseball, and in its wake changed the game – and many other sports -- forever. I believe it’s worth thinking about how analytics might change your game, your market, your industry, your decisions and ultimately the future of your business.
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