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Using Data Analysis Tools to Make Informed Judgements
Over 90% of people feel overwhelmed with the sheer abundance of data they have at their disposal, which is a story that we hear all too often. While data is essential to all forms of decision, more and more companies suffer with the same issue, which is that they have too much data coming from different places, meaning it's hard to know what is genuinely reliable. As a wise man once said, "you can have the most expensive cranes in the world, but if you're building a house out of Lego, expect child's play."
So what can you do to simplify this? We hear time and time again that C-suite executive rely too much on gut decision making, but is a bit of intuition a bad thing? The concern that many organisations have is that it's near enough impossible to quantify intuition, making it hard to really see if it results in good results.
Joining us to explore the use of data analysis tools in the modern day is Nicky Tozer, EMEA SVP at Oracle NetSuite. In this podcast, Nicky delves into:
- Gut-based decision making in the workplace
- Data analysis tools and informed decision making
- Providing employees with ready-to-use insights
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