Leading organizational change is hard enough. Data-driven decision-making can ease the pain!

Despite the benefits of moving forward with data-driven decision-making, it's much easier said than done.

Key Points Data-driven decision-making is an approach utilizing hard data. It can reduce costs and help achieve goals. Data-driven decision-making can help re-orient your organization to realizing ...

Managing inventory is a bit like stocking your home fridge. Buy too much, and you’re left with spoiled food; buy too little, ...

That’s why it’s important to rethink the way you reach decisions within your organisation. If you typically rely on group input, or follow individual intuition, you may want to consider the benefits ...

In today’s fast-paced business landscape, data-driven decision-making is essential for gaining a competitive advantage. The process of gathering and processing data is much easier with the aid ...

Ultimately, the benefits of establishing a data-driven culture reach far beyond improved analytics. It enables a smarter, faster, and more inclusive decision-making process that leads to better ...

Companies making data-driven decisions tend to be 6% more profitable than their competition. With the creation of quintillions of bytes of new data each day, data-driven decision-making (DDDM ...

Among other advantages, this permits the generation of substantial economies that are passed onto customers in the form of lower prices. In the mysterious realm of data-driven decision-making, the ...

The challenge? In order to properly utilize big data for transformation decision making, an organization must first become data-driven – which also requires a shift in mindset and culture.