‘Data’ is not enough…
By now most people have seen the positive impact that being data-centric can have on sporting performance. In football, the tales of Brighton, Brentford, Liverpool and Manchester City have been told and retold; and proven out in league tables. These 4 teams have outperformed similar-spending clubs by an average of 13 points per season (2019-2023).
Data Source: Off the Pitch, estimated cost data for FY22 and FY23
However, there is a risk of attributing their success to simply having more data than their competitors. The best organisations in this space convert data into insight. They demonstrate excellence across 5 core pillars, of which access to accurate, relevant Data is only one.
The other 4 pillars organisations need to excel in are:
- People: having access to the right skills and experiences
- Process: using insight consistently during decision-making processes
- Technology: infrastructures which enable rapid access to insight org-wide
- IP: building IP which converts data into the insight needed
By Will Wright
Senior Consultant