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Business Quote by McKinsey Chief Marketing & Sales Officer Forum

“If you’re good at data analytics but you don’t have this feel for the business, you’ll make naïve decisions. If you’re comfortable with the feel of the business but you never use analytics, you’re just leaving a lot of money on the table that your competitors are going to be able to exploit. So…” quote by McKinsey Chief Marketing & Sales Officer Forum
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““If you’re good at data analytics but you don’t have this feel for the business, you’ll make naïve decisions. If you’re comfortable with the feel of the business but you never use analytics, you’re just leaving a lot of money on the table that your competitors are going to be able to exploit. So the challenge is how to build that bimodal athlete and how to get the technical talent.””

McKinsey Chief Marketing & Sales Officer Forum

About This Quote

Source Speech: McKinsey Chief Marketing & Sales Officer Forum, 2023

Effective decision‑making requires both analytical skill and deep business intuition; lacking either leads to poor choices or missed opportunities.

In simple terms: Both data skill and business sense are needed.

Key Takeaway

Combine analytics with business insight.

Themes

analytics business decisionmaking strategy

Mood

analytical strategic

Type

advice insight

When to use this quote

  • product development
  • marketing strategy
  • financial planning
  • competitive analysis

Key Concepts

bimodal talent cross‑functional integration

Questions to Reflect On

  • How can organizations foster analysts with business intuition?
  • What incentives encourage data‑driven decisions?
A Different Perspective

Balancing two skill sets can be hard and may need cultural change.

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