What companies can learn from the Olympics

What companies can learn from the Olympics

The Olympics could teach us a thing or two about the world of business.

Although the games themselves, the hunger for victory, and the passion have not changed, the Olympics are not what they used to be.

The Canadian Olympic Committee has amplified their investment in analytics and data.

Today we see competitors push themselves to the limit while data and technology transform the way athletes train and prepare to reach the summit of sporting success.

As the 2018 Winter Olympics in PyeongchangSouth Korea took place, it was impossible not to become curious about the lessons data and technological innovation could teach the world of business and management.

Anant Gupta, former President and Chief Executive Officer for HCL Technologies, recalls 4 key points he learned from the 2016 Rio Olympics regarding business and sports in his collaboration with the World Economic Forum (WEF) blog. These were:

  1. Embrace the power of data
  2. Build the right ecosystem
  3. Prepare and know how to pivot
  4. Cultivate empathy

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About the Author:

Abigail Mitchell
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