A FEW THINGS LEADERS NEED TO KNOW ABOUT DATA AND ANALYSIS – PART 2

Information has never been more available as it is in this modern age of the Internet, 24-hour news, streaming services and endless sources of data collection devices and methods. Jeff Baker and Bob Bradford are back with their second and final article dealing with data and analysis and its role in strategic decision making. This part of the series addresses challenges with data and types and implications of errors in data analysis. It’s a great primer on the types of error that leaders encounter in data collection, processing and presentation and how they can lead to bad decisions.

A FEW THINGS LEADERS NEED TO KNOW ABOUT DATA AND ANALYSIS – PART 1

Information has never been more available as it is in this modern age of the Internet, 24-hour news, streaming services and endless sources of data collection devices and methods. But as the old saying goes “figures always lie and liars always figure.” Now, no one is calling anybody a liar here, but information that has been collected, analyzed, used, manipulated, or just presented always has the potential for bias and even deception–intentional or not. WAR ROOM welcomes back Jeff Baker and Bob Bradford as they present a two-part article that tries to tackle the difficult task of making sense of data in decision making. Part one addresses the sources of data and how the social sciences can be used to arm leaders with better questions and improved judgment.