Excellent article in Informs' Analytics Magazine. With links back to some detailed analytical studies in the sports industry. May of these same thoughts can be applied to outside of sports.
" ... Over the past several years, the sports analytics field has been growing rapidly and has attracted a great deal of interest. Many of the unconventional strategies presented in the book “Moneyball” have become part of the new conventional wisdom, while the film based on the book has grossed over $75 million and been nominated for several Academy Awards. Despite the increase in data and analysis that can potentially inform more management decisions than ever before, too many teams do not engage with the tools and results of sports analytics, even when they are lurking in their own backyard... "
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