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AreYouData-Driven?
by Thomas C. Redman
RAJEEV RANJAN DWIEDI
Integrated M.Sc. Statistics
Central University Of Rajasthan
What does
one means
by Data
Driven?
Data driven is an adjective used to refer to
a process or activity that is spurred on by
data, as opposed to being driven by mere
intuition or personal experience. In other
words, the decision is made with hard
empirical evidence and not speculation
or gut feel.
SO
ARE YOU
DATA DRIVEN?
COMPANIES THAT
REGARD THEMSELVES AS
“DATA-DRIVEN” ARE
MEASURABLY MORE
PROFITABLE THAN THOSE
THAT AREN’T.
THE ESSENCE OF
“DATA-DRIVEN” IS
MAKING BETTER
DECISIONS UP
AND DOWN THE
ORGANIZATION
CHART
MAKING DECISIONS
AT THE
"LOWEST POSSIBLE LEVEL".
1.
Itbuildsthe
rightkindsof
organizational
capabilities
and,quite
frankly,
appearsto
createawork
environment
thatismore
fun.
2.
Data-driven
managers
haveaninnate
sensethat
variation
dominates
SINCE
DATA-DRIVEN DECISIONS
ARE BASED ON DATA AND
DATA SOURCES
AND
DECISIONS ARE NO BETTER
THAN THE DATA 
SO,
  INVEST IN QUALITY
DATA AND CULTIVATE
DATA SOURCES THAT
YOU CAN TRUST
High-qualitydata
makesiteasierto
understand
variationand
reduces
uncertainty.
Success is measured in
execution, and high-
quality data makes it
easier for others to follow
the decision-makers ’logic
and align to the decision.
DATA-DRIVEN ARE CONSTANTLY
REEVALUATING AND REFINING
THEIR DECISIONS ALONG THE
WAY
SO, WHAT ARE YOU
WAITING FOR
START BY PUSHING "DATA
DRIVEN DECISION MAKING"
DOWN THE ORGANIZATION!
Thankyou.

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Are You Data-Driven?