Thanks to the proliferation of data, companies are now able to make business decisions in a more evidence-based manner rather than relying on intuition as was earlier the case. A cultural transformation is required for companies to be data-driven. Managers will need to be change agents, but backed by senior leadership, who are themselves often loathe to such change. Three key recommendations have emerged to facilitate this change. For a start, leaders need to stimulate critical thinking within the firm. Investment has to be made on specific management training modules to overcome the gaps. The right talent recruitment needs to be made of people who are adept at analytics, or who gaps can be mended through the right training.

source:https://hbr.org/2018/10/3-ways-to-build-a-data-driven-team

Uploaded Date:17 October 2018