Posts Tagged decision

A Revolution in Decision-Making

Subtitle: Information-based decision in one image

Throughout history, in any conflict, the victor is usually the one with the superior information, right? Flint, bronze, steel. Mechanized infantry beats dragoons, and knowledge of germs beats bloodletting.

It’s always been about the information. The more up-to-date your information is, the better your decisions can be. (This is where the Business Intelligence industry focuses all its attention — you’ve got the data, now pull out the patterns so you can see what’s going on, enabling you to make more effective decisions based on information, instead of basing decisions upon wishes, gut feelings or dreams.)

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