课程: How to Build and Execute a Successful Data Strategy

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Business outcomes and data-driven decision-making

Business outcomes and data-driven decision-making

课程: How to Build and Execute a Successful Data Strategy

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Business outcomes and data-driven decision-making

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- Let's look at the link between business outcomes and data-driven decision making. More specifically, let's investigate how to understand and solidify that connection. So why do we do this? Establishing a clear link between business results and data-driven decision making allows firms to make educated decisions that have a direct influence on their bottom line. You use data insights to influence strategic planning, enhance operations, and accelerate growth. Here are my key steps for establishing this relationship. If you've been following along, at this point, you have a clear list of your business objectives, and importantly, this list is prioritized. This becomes our guiding light. It makes decisions easier, and it makes aligning our strategies easier. Now take a look at this document. This is for our example company, Globe Bank Online. You'll see we have a clear path of data priorities alongside weightings. The weightings indicate their worth to the business. So now that we've got…

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