decision making from data
decision making from data
Data-driven decision making is the practice of basing decisions on the analysis of data rather than purely on intuition.
Source: Brynjolfsson E., Hitt L.M., and Kim H.H (2011). Strength in numbers: How does data-driven decision making affect firm performance? Working paper. Online: http://ssrn.com/abstract=1819486.
Non-preferred terms
Broader Terms
- BT↑ Basic Concept
Related terms
- RT⇆ Deriving action
- RelatedMatch: https://www.wikidata.org/wiki/Q25051931
