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In today's data-driven world, it's increasingly crucial for managers and leaders to harness the power of data to make informed decisions. The video we just
In today's data-driven world, it's increasingly crucial for managers and leaders to harness the power of data to make informed decisions. The video we just watched highlighted the significance of observations, measures, metrics, and KPIs in business intelligence. It's important to remember that managers and leaders are expected to use data effectively, even if they're not specialized analysts. Write a 1-2 paragraph discussion response addressing the questions below: What is the role of data in your decision-making process? How can the concepts of measures, metrics, and KPIs be applied in your managerial or leadership role? Provide a real-world example or scenario where you anticipate using data to improve decision-making - What specific measures or KPIs do you think would be essential? Think of a challenge you might face when dealing with data. How might that challenge be addressed to ensure effective data-driven decision-making
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