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What is a Data driven mindset?

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A data-driven mindset means that you bring data to decision making
and ...

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...
when an individual or a team/company makes decisions based on data analysis instead of emotion and intuition.

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How to develop a data driven mindset?

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The four steps to developing a data driven mindset....

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Step 1: Apply healthy scepticism to decision making
Step 2: Make room for thinking and collaborating
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Step 3: Embrace failure
Step 4: Increase your team’s data-literacy

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The benefits of guiding your decision making with data ???

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  • Cost reduction
   • Decrease in rework
   • Efficiency
   • Customer satisfaction
   •Market value 

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Companies following DDM concept:

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  1.  Amazon (retail)
   2.  Google (technology)
   3.  Apple (technology)
   4.  Microsoft (technology)
   5.  Samsung (technology)

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