Analytics in Decision Making

Analytics in Decision Making

By |July 22nd, 2020|News|Comments Off on Analytics in Decision Making

Just how do major organizations use data and analytics to inform strategic and operational decisions? Technopedia brought this interesting news to our attention in their article, “Making Data Analytics Human for Decision-Making.”

Business decision makers have expressed their hunger for data analytics that dovetails into the natural processes of decision-making. Senior leaders can provide insight into the challenges and opportunities.

Very few would dispute that organizations have more data than ever at their disposal. But actually deriving meaningful insights from that data and converting knowledge into action is a completely different story.

Data is agreeable to human decision makers when it becomes part of a conversation. It engages humans when they gain situational awareness with stories. It stimulates thinking when humans see patterns in visuals. It provokes questions when humans find relationships in data. The biggest challenge is evolving from a knowing culture to a learning culture.

Melody K. Smith

Sponsored by Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.

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