Decisionmaking is becoming more data-driven from "summary" of The Second Machine Age by Erik Brynjolfsson,Andrew Mcafee
As we hurtle into the digital age, the way decisions are made is undergoing a profound transformation. In the past, decisions were often based on intuition, gut feeling, or anecdotal evidence. However, the rise of big data and advanced analytics is changing all that. More and more organizations are realizing the power of data in guiding decision-making processes. Data-driven decision-making involves using data to inform and influence decisions. This approach relies on gathering, analyzing, and interpreting data to gain insights and make informed choices. By harnessing the power of data, organizations can make decisions that are more accurate, effective, and efficient. Data-driven decision-making can lead to better outcomes, increased productivity, and improved performance. One of the key advantages o...
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