You’ll often hear executives and those in other leadership roles speak about the need for their organizations to be data-driven. They may say things about making more decisions based on data and openly sharing information with colleagues. Managers might even proclaim that they want to make this the “year of data.” But what do leaders really mean when they toss around catchy phrases like “data-driven”?
An organization must do more than gather information to be truly data-driven. Without proper processes, analysis, and data teams, business decisions may be misguided at best. To be data-driven is to use information that’s accessible,
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