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Decisions may be strategic (high level, concerned with the overall direction of the business), tactical (midlevel, concerned with how to achieve the strategic goals of
Decisions may be strategic (high level, concerned with the overall direction of the business), tactical (midlevel, concerned with how to achieve the strategic goals of the business), or operational (day-to-day decisions that must be made to run the company). Uncertainty and an overwhelming number of alternatives are two key factors that make decision-making difficult. This week, let's discuss the importance of business analytics and making data-driven decisions in an organization. How can we use data to make informed decisions?
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