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Analysis Of Are You Data-Driven?
By
Thomas C. Redmen
Characeristics of Data Driven
● Make decisions at the lowest possible level
● Bring as much diverse data to any situation as
they possibly can
● Use data to develop a deeper understanding of
their worlds
● Develop an appreciation for variation
● Deal reasonably well with uncertainty
“
What is Data Driven?
“The essence of “data-driven” is making
better decisions up and down the
organization chart.
- Thomas C. Redmen
What do you mean by Data Driven?
• The data-driven:
• Make decisions at the
lowest possible level
• Bring as much diverse
data to any situation as they
possibly can
• Use data to develop a
deeper understanding of
their worlds
Develop an appreciation for
variation
• Deal reasonably well with
uncertainty
• Integrate their ability to
understand data and its
implications with their
intuitions
● Conduct good experiments and research
● Recognize that decision criteria can vary with
circumstances
● Realize that making a decision is only the first
step
● Work hard to learn new skills and bring new
data
● Conduct good experiments and research
● Recognize that decision criteria can vary with
circumstances
● Realize that making a decision is only the first
step
● Work hard to learn new skills and bring new
data
“
Insights of The Article
The essence of data driven
is making better decisions
up and down the
organization chart.
“
Relevance for Indian Manager
Take Credits for
every upturns and
downturns in the
result because
things always
bounce around.
As one executes, one acquires
more data. So the data-driven
are constantly
reevaluating and ren- ing their
decisions along the way.
Presented By
Prince Barai
Data Analytics Intern at
IIM Lucknow

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Data driven

  • 1. Analysis Of Are You Data-Driven? By Thomas C. Redmen
  • 2. Characeristics of Data Driven ● Make decisions at the lowest possible level ● Bring as much diverse data to any situation as they possibly can ● Use data to develop a deeper understanding of their worlds ● Develop an appreciation for variation ● Deal reasonably well with uncertainty
  • 4. “The essence of “data-driven” is making better decisions up and down the organization chart. - Thomas C. Redmen
  • 5. What do you mean by Data Driven? • The data-driven: • Make decisions at the lowest possible level • Bring as much diverse data to any situation as they possibly can • Use data to develop a deeper understanding of their worlds Develop an appreciation for variation • Deal reasonably well with uncertainty • Integrate their ability to understand data and its implications with their intuitions
  • 6. ● Conduct good experiments and research ● Recognize that decision criteria can vary with circumstances ● Realize that making a decision is only the first step ● Work hard to learn new skills and bring new data
  • 7. ● Conduct good experiments and research ● Recognize that decision criteria can vary with circumstances ● Realize that making a decision is only the first step ● Work hard to learn new skills and bring new data
  • 9. The essence of data driven is making better decisions up and down the organization chart.
  • 11. Take Credits for every upturns and downturns in the result because things always bounce around.
  • 12. As one executes, one acquires more data. So the data-driven are constantly reevaluating and ren- ing their decisions along the way.
  • 13. Presented By Prince Barai Data Analytics Intern at IIM Lucknow