Review:
Data Driven Decision Making
overall review score: 4.5
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score is between 0 and 5
Data-driven decision-making is a process of using evidence-based data to guide organizational strategy and decision-making.
Key Features
- Utilizes data analysis
- Increases transparency
- Improves accuracy of decisions
- Supports faster decision-making
- Enhances organizational performance
Pros
- Enhances decision-making
- Identifies trends and patterns
- Increases efficiency and effectiveness
Cons
- Potential for data misinterpretation
- Data privacy concerns
- Costly to implement and maintain