Data plays an important role in decision-making. This article explores what it means to have a data-driven mindset and how it can guide decision-making to better results.

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

Read enough analyst reports, and listen to enough conference speakers, and one can be forgiven for assuming that all important decisions these days should be data-driven. However, business leaders ...

Key Points AHP is a means of making decisions through the use of data. It provides a framework for making decisions as a ...

A cognitive behavior scientist lays out a framework for how to make good decisions when it's hard to predict the future.

The recent study highlights how training data can skew a decision-making algorithm in unexpected ways—in addition to the known problem of biased training data.

The need to prioritise data visualization in decision-making processes has been reiterated by the United Nations (UN), the Federal Government and the Nigeria Bureau of Statistics (NBS). The ...

Data collected in real-time is known as 'streaming data', which is valuable for both short-term and long-term decision-making. "Over time, the value of that data is going to start going up because you ...

And one of the most important factors in making accurate credit decisions is having high-quality data. But if your data is incomplete, outdated, or not compliant, you won’t be able to use it to ...

(Our inflation data influences many decision-making processes in the government and even among the public. When we see prices rising, we adjust our spending and prioritize basic commodities.) Aves ...