Leveraging data and analytics is essential for decisionmaking from "summary" of Race Against the Machine by Erik Brynjolfsson,Andrew McAfee
Data and analytics have become indispensable tools in today's rapidly evolving business landscape. In the past, decision-making was often based on intuition, experience, and gut feelings. However, the sheer volume of data available today makes it impossible to rely solely on these traditional methods. Leveraging data and analytics allows organizations to make more informed and strategic decisions that are grounded in evidence rather than conjecture. By harnessing the power of data and analytics, businesses are able to gain valuable insights into customer behavior, market trends, and operational efficiencies. This information enables companies to identify opportunities for ...
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