Latest Read: Keeping Up with the Quants

Have been looking forward to Tom Davenport’s Keeping Up with the Quants: Your Guide to Understanding and Using Analytics for longer than I care to admit. I throughly enjoyed his book Competing on Analytics all the way back in 2008. His followup Big Data@Work provides the same scope for business regarding the emerging era of Big Data.
Keeping Up with the Quants: Your Guide to Understanding and Using Analytics Tom has truly mastered the role of business analytics for well over two decades. He is acknowledged as revealing the path of metrics and just as important how success can be defined by adopting a mindset of analytics over intuition. It should be no surprise that I am a big fan of Tom Davenport.

Seems like a lifetime ago in the competitive and fast changing world of analytics. Quantitative analysis with a side of regression is not a diner order but a key skill to identify patterns in data.

An easy read with great common sense approaches for leaders to understand and professionals to embrace it proves not only how business gains insights but how to defend Kobe Bryant.

On the heels of reading Nate Silver’s bestseller The Signal and the Noise, Davenport reveals how quants have not only broken down NBA basketball defensive measures to each quarter when playing Bryant and the Lakers but how to guard him in a last possession game scenario.

Davenport reveals how an underperforming offensive player Shane Battier is a key defensive contributor by understanding and applying defensive analytics against the top scorer of every team he faces. Quants now make it a game within a game from the opening tip to the final buzzer.

While simple to apply this provides for many readers a proven use of Quants. I find this is one of the rare books that I feel needs to be within arms reach when needed. Yes it is that good and easy to share with colleagues to embrace data.

What say you?