In today’s data-driven world, data is abundant. However, excessive information can be overwhelming. Utilize data to inform your decisions, not hinder them. Focus on the most pertinent metrics and resist the temptation to accumulate excessive data. Timely decisions often hold greater significance than perfectly informed ones. Trust the process, not solely the numerical data.
Utilizing well-established decision-making paradigms can help leaders make high-quality business and organizational decisions. Each approach has its strengths and weaknesses, depending on the context and the goal. By learning about these approaches and understanding when to use them, leaders can better grasp the ‘when,’ ‘why,’ ‘what,’ and ‘how’ of decision-making processes.
Tyler de la Plaine, Founder and Principle Consultant
Thrive Venture Consulting — bringing people and ideas together.