You are currently browsing the category archive for the ‘DecisionMaking’ category.

The Art of Decision Making

BetterDecisions

The biggest reason that investments in big data fail to pay off, though, is that most companies don’t do a good job with the information they already have. They don’t know how to manage it, analyze it in ways that enhance their understanding, and then make changes in response to new insights. Companies don’t magically develop those competencies just because they’ve invested in high-end analytics tools. They first need to learn how to use the data already embedded in their core operating systems, much the way people must master arithmetic before they tackle algebra. Until a company learns how to use data and analysis to support its operating decisions, it will not be in a position to benefit from big data.

via You May Not Need Big Data After All – Harvard Business Review.

If you want to know more on this topics, have a look at one of my new projects: www.betterdecisionsforum.com, register and keep in touch.

PierG

p.s. we are on FB, Twitter and LinkedIn too.

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 2,737 other followers

Connect with PieG

Certified Scrum Master

Map of Visitors

Anobii – my bookshelf

Here is (part) of my bookshelf and my wish list

Flickr Photos

del.icio.us

Archives

%d bloggers like this: