Decisions are the lifeblood of business. From the c-suite to frontline employees, decisions are constantly being made at all levels within organizations. Some are consequential and irreversible, but ...

Forbes contributors publish independent expert analyses and insights. Dr. Jonathan Reichental covers technology in business and society. Right now, it won’t come as a surprise that digital ...

According to a study from the Software Development Times, only 16% of companies are truly data-driven (meaning data is used to inform business strategy and operations). While there are technical ...

According to recent McKinsey & Company research, executives spend nearly 40% of their time making decisions. Deciphering the results of a survey of 1,200 global business leaders, they estimated that ...

Data analysis does not remove the need for leadership; it requires business leaders to learn to incorporate data into their decision making and effectively train and support their teams to do the same ...

Value stream management involves people in the organization to examine workflows and other processes to ensure they are deriving the maximum value from their efforts while eliminating waste — of ...

Honing and trusting one’s intuition can lead to quicker, more effective decision-making. Here’s how to harness the power of listening to your gut to make the best choices. Identify the scope of your ...

Data is far from a new buzzword; its role in decision-making has been recognized for centuries. However, the demands of modern business, today’s intensely competitive markets and emerging trends have ...

“Data-driven” is a bedrock principle of today’s pharmaceutical marketing. But how well are we keeping up with the tremendous amount of data available to us? It’s estimated that the average hospital ...

Transportation Secretary Sean Duffy told "Fox & Friends" on Thursday that the decision to limit air travel capacity to 40 airports was "data-driven." "We were seeing increased pressure in these 40 ...