Athletes preparing for the Olympics use data analytics to simulate situations. In boxing detailed fight analysis is used to reveal threats and opportunities. In sailing, data simulated tides and winds are studied, all to refine tactics. This is part of data-driven performance analysis.
Data collection and analysis is having an impact on almost every sport, why would it not have in business management and leadership and fund management?
But do we trust data to make those crucial split second decisions in a negotiation or before we make a trade?
With data analytics we can gain insight and make smarter decisions with the help of facts, make more informed decisions rather than irrational emotional.
Even with artificial intelligence humans still have a place, we have the “input” side of the equation.
Human Capital goes a long way.