🚩Data-Driven approach of going all-in on data just does not work!
Using #data #dashboard #algorithms #machinelearning #businessintelligence #bigdata for automation is lazy and expensive, and it must become your last resort.
Gartner said – “Data-driven decision making is not a reality today, according to a survey of 14,250 participants in January 2023. Sixty-five percent of respondents said their organization uses D&A to justify a decision that’s already been made and often puts the highest-paid person’s opinion ahead of data when making decisions. This is far from the data-driven dogma we tell ourselves we live by in our businesses.”
💣If you are in one of the organizations #insurance #banking #financialservices #health #government #manufacturing #supplychain in the 65% boat, it is time to start thinking about how you can put a better use for all the data efforts.
Welcome Decision-Centric Approach.
🚀Decision-Centric Approach® is a methodology that brings people, rules, data, and processes together to ensure organizations can consistently make optimized, customer-centric, and situation-aware business decisions while they meet the objectives on revenue, costs, and mitigating risks.
Learn more at Decision Centric Approach.
Posted here.
Published July 24th, 2024 at 07:30 am
