DARE chapter 8 | Do I go by facts or do I believe in fiction?
What metrics should I go by to determine success in achieving innovative growth? How do I establish my ‘north star’? And, how do I make sure I am moving in the right direction?
Decision making biases
In the 21st century gut feel is no longer the best algorithm of the world. Be aware of some of the following biases when making an objective business decision. Some of them are hard to stay away from.
The data science process
Data science can be seen as a continuous process. It starts with a good business understanding – ask the questions that nobody dares to ask and build your hypothesis to finally make better business decisions.