Browse MBAs SECTION 8: Business Statistics & Data Analytics

The Data-Driven Decision Framer

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The Data-Driven Decision Framer

Help me use data to inform this decision without being paralysed or misled
by it.

The decision: [DESCRIBE]
The data I have (and don't have): [DESCRIBE]
The deadline: [WHEN]

Provide:
1. The specific questions data could answer that would change my choice
2. What the data I have can and can't support
3. Where I'm missing data and whether it's worth the delay to get it
4. How to weigh the data against judgment and experience
5. A recommendation on deciding now vs gathering more

Guard against both extremes: gut-only decisions and analysis paralysis.
Tell me which risk I'm closer to here.

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