Keep Up With Your Quants: An Innumerant’s Guide to Navigating Big Data

Source: Thomas H. Davenport, Harvard Business Review, Vol. 91 nos. 7 & 8, July–August 2013

We live in an era of big data. Whether you work in financial services, consumer goods, travel and transportation, or industrial products, analytics are becoming a competitive necessity for your organization. But as the banking example shows, having big data—and even people who can manipulate it successfully—is not enough. Companies need general managers who can partner effectively with “quants” to ensure that their work yields better strategic and tactical decisions.