The ideal state organization plans and evaluates its business using appropriate tools to look at carefully curated data. Organizations that adopt the Data-Driven Mindset tell stories that answer business questions in ways that the organization can turn into action. At different levels, these narratives may take the form of strategic themes, journey maps, or user stories. Executing on these will provide data that allows the organization to evaluate the success of the actions, allowing the organization to refine actions and decisions.
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- Moustakerski, Peter. “The Virtuous Circle of Data”. The Economist. N.p., 2014. Web.
- Brynjolfsson, Erik, Lorin M. Hitt, and Heekyung Hellen Kim. “Strength In Numbers: How Does Data-Driven Decisionmaking Affect Firm Performance?”. SSRN Electronic Journal n. pag. Web.
- Lock, Michael. “The Executive’s Guide to Effective Analytics”. Aberdeen Group. N.p., 2013. Web.