The Importance of Decision Intelligence in the Data-Driven Era
Companies have been persuaded that data is essential for making better decisions, yet having access to data does not ensure good decision-making. Understanding and insight generation are cited as problems by leaders. This is when decision intelligence comes in handy.
Why having data doesn't always translate into driving decisions
By creating, modeling, executing, monitoring, and optimizing decision models and processes, decision intelligence improves decision-making. It's about converting ideas into action and achieving greater results, not just having more data.
What is Decision Intelligence?
To attain decision intelligence, businesses must incorporate data culture into their operations, attitude, and identity. Tools such as Tableau Blueprint help people become more data-driven, and investing in data skills allows everyone to access data, uncover insights, and make choices.
Why is Decision Intelligence important?
Data is becoming less daunting because of advancements in generative AI and natural language processing, allowing non-data individuals to make educated judgments. These characteristics encourage data exploration, curiosity, and contextual knowledge.
Getting and Using Decision Intelligence
Employees that make everyday decisions are the true decision-makers in an organization, therefore decision intelligence helps them to make better judgments. As former Cisco CEO John Chambers illustrated, even little improvements in key judgments may result in increased corporate value.
What's next for Decision Intelligence
Investing in decision intelligence enables businesses to transform data into improved results by establishing a data culture, platforms, and data talents. All employees are capable of making educated judgments, and decision intelligence are critical for making sense of the expanding amount of data.
