The Role of Data-Driven Decision-Making in Management
Data-driven decision-making (DDDM) is collecting, analyzing, and basing decisions on data rather than intuition, opinion, or tradition. DDDM is a way of using facts and evidence to support and evaluate the outcomes of decisions. DDDM is a critical component of modern management, as it can help managers improve performance, efficiency, innovation, and customer satisfaction. In … Read more