The Benefits of Data-Driven Decision Making

The Benefits of Data-Driven Decision Making

While it is imperative that leaders make data-informed decisions, leaders must have the acumen to evaluate the data to ensure that it is the right fit for the problem or decision at hand. Knowing the limits of data and strategies for optimal interpretation of the data is necessary in order to make the most effective strategic decisions.

  • In the article “Here Are The Benefits of Data-Driven Decision Making” (opens in new window), the author makes the argument that if an organization makes the decision to be data-driven, if must be data-driven in everything—you cannot pick and choose when you will or when you will not. Do you agree or disagree with this approach? Explain why.
  • Are there limits or repercussions to relying on data for decision-making? Is there ever a time when you should go against the data? Why or why not? How will you know?
  • Proverbs 18:13(opens in new window) states: “To answer before listening—that is folly and shame.” How do you think this relates to the concepts of data-driven decision making?
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