Competitive Advantage
The combination of knowledge, skill, and execution that creates results above and beyond the standard.
Competitive Advantage is not one particular ‘thing’. It is an accumulation of knowledge, refining of skills, and the ability to execute that exceeds your competition. This knowledge, skill, and ability requires constant attention, vision, and culturing to maintain. There is no vacation from building and maintaining a competitive advantage. It is hard work.
Sports Analytic methods have grown to become one of the tools available to teams to create, build, and culture a competitive advantage. A big part of analytics is clearly focused on understanding what factors influence performance, behavior, strategy, value, or success. There are tremendous potential advantages in learning these factors, if you have the ability and resources to find them. These factors lead to improving your competitive advantage by allowing teams to focus on acquiring, training, and reinforcing behaviors that drive success. It is the combination of this knowledge and skill where competitive advantages become reality. With so many franchises increasing their analytics activity, it is becoming more important than ever to have analytics expertise.
So….what are YOU doing to use analytics to build your own competitive advantage?