Newsletter 06/2018 - Statistics in Decision Making, Article 6
2frame Analytics' newsletters are back!
This is the sixth in a series of several articles on Statistics in Decision Making: Who is already using Analytics?
Questions, questions. Closing this triad of posts, one of the questions we heard most when introducing 2frame Analytics to new companies.
For this Newsletter, we continue to draw inspiration from the book "Competing on Analytics, Updated with a New Introduction: The New Science of Winning," Thomas H. Davenport and Jeanne G. Harris. Why should I compete using Analytics? What does my company gain from this?
The text below is not extensive and represents a brief overview of what 2frame Analytics thinks about Analytics as an area.
Can any company in any industry successfully compete using Analytics?
On one side, virtually every company seems to have the potential for competition using Analytics.
On the other side, some industries are clearly more receptive to Analytics than others.
Almost every day we find examples of companies that were once intuitive but are now making decisions using Analytics.
Some examples of companies already competing using Analytics:
We ask again:
Do you already use Analytics for your decision making in your company?
Read more about the subject of this Newsletter:
1) "Competing on Analytics, Updated, with a New Introduction: The New Science of Winning", Thomas H. Davenport and Jeanne G. Harris, Harvard Business Review Press; Revised edition, 2017.
Originally posted on 09/01/2018