data-driven
The term “data-driven” refers to an approach where decisions and strategies are guided primarily by data analysis and interpretation rather than intuition or personal experience. In today’s digital age, organizations across various sectors are increasingly leveraging vast amounts of data to enhance their decision-making processes. Being data-driven involves not just collecting data, but also effectively analyzing it to uncover insights that can lead to improved outcomes and performance. This approach fosters a culture of evidence-based decision-making, enabling businesses to adapt to changing market conditions and optimize their operations for better results.
Key Ingredients to Being Data Driven
Companies love to exclaim “we’re data driven”. There are obvious benefits to being a data driven organization, and everyone nowadays has more data than they can shake a stick at. But what exactly…
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How to Take a Data-Driven Approach to SEO
The term “data-driven” is featured in most disciplines of marketing, and it refers to the accumulation and analysis of both quantitative and qualitative data for use in strategy development…
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Data-Driven Isn’t Dead
Some say that being data-driven is no longer the right goal. In reality, data-driven is the right objective; we just rarely pursue it the right way.
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Implications for the Data Driven Businesses
Being data-driven is no longer a choice, rather it is a must-have if you want to stay relevant. Data is the new oil to explore the full potential of an organization and its capabilities. Once the…
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Should We Be More Data-Driven? Sometimes.
When to be data-driven, and when data-driven just gets in the way. I was working as a data scientist at Airbnb when Covid-19 struck. And as you might expect, Covid-19 was a special kind of brutal for...
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From Data-Driven to Data Science-Driven
In 2010, while still in grad school finishing up my degree, I launched a small consulting company selling my data analytics skills. The motto on my website was “Data Driven.” That was it. Original, I…...
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Be Decision-Driven, Not Data-Driven
The tech media is obsessed with data. But after eight years of measuring corporate data literacy, only 24% of companies report have reached data-driven nirvana. That’s fewer companies than last year…
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Data Driven Chat: “It was something that really mattered.”
Academic, Educator, Consultant, and Blogger Ganna Pogrebna started Data Driven Chat to explore the many interesting aspects of behavioural data science including human behaviour, data science and AI…
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Data Driven Chat: “The potential of data is not realized in most organizations”
Academic, Educator, Consultant, and Blogger Ganna Pogrebna started Data Driven Chat to explore the many interesting aspects of behavioural data science including human behaviour, data science and AI…
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Focus on Data-Fueled Features to Move Data Science Projects Forward
For all the hype around data and data-hyphenated terms (like “data-driven”), it is important to remember that data is a raw resource that has no actualized value until it is integrated into a product…...
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Becoming a Data Driven Organisation Part 2
In this post, I will discuss the challenges that keep businesses away from becoming Data-Driven (DD hereafter). Today, it is evident that data is the critical asset, and AI is the vehicle that helps…
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From Data-Informed to Data-Driven Decisions: An Introduction to Tradespace Exploration
Going beyond Exploratory Data Analysis to find the needle in the haystack (Image created by author with Playground AI) DATA AND DECISIONS The modern world is absolutely teeming with data. Empirical d...
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