Is Your Organization Using Evidence-Based Decision Making?
There are more ways to access data through a large amount of software tools than there has ever been in the history of analytics. We have access to a wealth of information that, if used properly, can help drive decisions and bring about success within organizations. Why then are so many top-level executive decisions driven by intuition and gut feel? There have been countless examples over the last decade of commercial failures that could have been avoided if a greater analytical approach had been adopted and used in evidence based thinking and decision making. Unfortunately adopting and integrating analytics into the operational and strategic decisions has it’s challenges. Two of the largest hurdles to successful integration of evidence-based decision making fall within the organizational culture and awareness or education. ...