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Leverage data analytics to inform strategic choices from "summary" of What the CEO Wants You to Know by Ram Charan
Data analytics serves as a powerful tool to enhance decision-making in organizations. By systematically analyzing data, leaders can uncover insights that reveal trends, customer preferences, and operational efficiencies. This process transforms raw numbers into actionable intelligence, guiding executives toward informed strategic decisions. Understanding the core metrics that drive the business is crucial. It involves identifying key performance indicators (KPIs) that align with the organization's objectives. Once these metrics are established, data analytics can highlight patterns and correlations that might otherwise go unnoticed. For instance, sales trends can inform marketing strategies, while customer feedback can shape product ...
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