Data-driven decision making is no longer a nice-to-have—it's a must-have for modern retailers. According to Statista, about half of respondents to their 2020 survey reported utilizing data ...

It’s time to re-engineer decision-making to make them more data-driven, Long urges. “No decision stands alone. Decisions by one actor affect other actors in the enterprise and ecosystem, ...

Key Points Data-driven decision-making is an approach utilizing hard data. It can reduce costs and help achieve goals. Data-driven decision-making can help re-orient your organization to ...

Insights into strategic planning to avoid data pitfalls and set a strong foundation for your marketing campaigns. The post Mastering data-driven decision-making in the strategy phase appeared first on ...

Data-driven decision making (DDDM) is just what it sounds like. DDDM uses facts, metrics, and data to guide strategic business decisions that align with goals, objectives, and priorities. If ...

A data-driven approach can facilitate decision-making, especially when enhanced by powerful technology like AI. However, finding or creating data suitable for your business is not easy.

Companies making data-driven decisions tend to be 6% more profitable than their competition. With the creation of quintillions of bytes of new data each day, data-driven decision-making (DDDM ...

Business leaders can make data-driven decisions that drive growth and success for their organizations by leveraging data and analytics. Published Apr 26, 2023 at 1:00 PM EDT Yan Krukau/Pexels ...

My last post responded to "Data Dan," who asked: "I have two questions for you. First, any general advice on how to get this change in behavior through? Second, and the main reason I'm writing to ...

Being data-driven implies making decisions solely based on data, often reducing complex human behaviors and needs to mere numbers or variables. In contrast, a data-informed approach uses data as one ...

“Data-Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media. Today’s column is written by Milen Mahadevan, chief operating officer ...