Embracing datadriven decision-making can lead to sustainable success from "summary" of Reinventing Capitalism in the Age of Big Data by Viktor Mayer-Schönberger,Thomas Ramge
Embracing data-driven decision-making is the key to achieving sustainable success in the age of big data. By analyzing vast amounts of data, organizations can gain valuable insights that were previously inaccessible. This allows them to make more informed decisions that are based on evidence rather than intuition or guesswork. Data-driven decision-making enables companies to identify trends, patterns, and correlations that can help them stay ahead of the competition. It allows them to anticipate changes in the market, customer preferences, and other external factors. With this knowledge, organizations can adjust their strategies and operations proactively, rather than reactively. Moreover,...
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