Rotman Management

Analytics Will Only Get You So Far

by Alessandro Di Fiore

Anyone who knows the story of Apple knows that it was built on insights rather than analytics. Steve Jobs was actually highly resistant to quantitative research.

When Jobs returned to in 1997, it was a mess. In his absence, the emphasis had been on developing more and more products. Apple was even selling printers in partnership with — and making next-to-no money on them. Resistant to quantitative research, Jobs used his judgment to quickly cut the numbers of models and products. He then drew a simple two-by-two diagram and told his colleagues that Apple needed to have one product in each quadrant.

You’re reading a preview, subscribe to read more.

More from Rotman Management

Rotman Management6 min readSmall Business & Entrepreneurs
Q&A
Think about a start-up, but at scale. An archetypal tech start-up is an egalitarian band of people on a mission. It’s not terribly hierarchical — people do whatever needs to be done, but they’re all pointed in the same direction. They keep iterating
Rotman Management3 min read
Questions for: Erin Meyer, Author, The Culture Map
At one time, employees primarily collaborated with colleagues from their own country, but today, many are part of global networks connected with people scattered around the world. What are the implications? Most managers have little understanding of
Rotman Management13 min read
ESG RISK: What’s on Your Radar?
IN THE CURRENT ENVIRONMENT, ESG risks pose one of the greatest threats to public companies’ abilities to deliver predictable results. A recent Bank of America study calculated that 24 ESG incidents in the period 2014–2019 cost U.S. public companies o

Related Books & Audiobooks