Make datadriven decisions to drive growth from "summary" of Scaling Up by Verne Harnish
Making data-driven decisions is crucial for driving growth in your business. By relying on data rather than gut feelings or instincts, you can ensure that your decisions are based on facts and evidence. This allows you to make informed choices that are more likely to lead to positive outcomes.
Data-driven decisions are not only more reliable, but they also help to minimize risks. When you rely on data, you are less likely to make costly mistakes that could set your business back. Instead, you can make strategic decisions that are backed by solid evidence, increasing the likelihood of success.
In order to make data-driven decisions, you first need to collect and analyze relevant data. This may include financial data, customer data, market research, and other relevant information. By gat...
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