How do data driven decision help you in problem solving

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Reference no: EM133540158

Problem 1. Address various aspects of some of these questions around Data Driven Decisions. I've listed some areas here for you to consider researching / discussing.

Problem 2. Is there really such a thing as a data driven decision? How do data driven decision help you in problem solving, which allow us to find solutions via info gathering, critical thinking, and quantitative logic (define the problem, identify root causes, identify solutions, choose the best, implement & verify the solution).

Problem 3. Describe for me how we can use data to drive business growth? What are some ways you like to see data represented and how does it help you with decision making, e.g., Data Representation - Flowcharts, Scatter Diagrams, Histogram, Cause/Effect diagrams, Affinity Diagrams, Matrix Diagrams. Is there a role for a decision making matrix in conducting data driven decisions? Is qualitative analysis useful for data driven decision making?

Problem 4. What is your approach to data gathering? How do we assess data accuracy if we are using this data for data driven decisions?

Reference no: EM133540158

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