Drowning in Data
Managers need data that will help them understand the state of the system and steer the system. Many companies collect data on stuff that’s easy to count, and ignore stuff that’s potentially important, but hard to count.
Some useful questions to think about data in this HBR blog post.
Amplify’d from blogs.hbr.org
managers would do well to ask themselves four questions about their data process as a way of improving the return on what is often a substantial (but not always visible) investment:
Read more at blogs.hbr.org
- Are we asking the right questions? Many companies collect the data that is available, rather than the data that is needed to help make decisions and run the business.
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