

The manufacturing industry has not gone unaffected by the economy over the last several years. Yet, research suggests that companies investing heavily in advanced analytical capabilities outperform the S&P 500 on average by 64%. If you’re wondering how, this Harvard Business Report has some interesting insights. Tom Davenport and Jeanne Harris, co-authors of Competing on Analytics and the follow-up Analytics at Work, discuss the process by which companies evolve through five stages of analytic maturity to compete better, improve their decision-making capabilities and make decisions with confidence.