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The 'Moneyballization' of Business and Data-Driven Decision-Making
The chapter explores the concept of the 'Moneyballization' of business, where data analytics is applied to industries traditionally relying on human judgment. It discusses the application of data science and the use of external data in decision-making, highlighting the value of domain knowledge and objective data-driven approaches. The chapter also touches on the transformation of internal data science teams, the concept of the data cloud, and the importance of systems thinking in decision-making.