Yin and Yang: Intuition + Data-Driven Mindset

In our Data for Good Decisions series, we conceptualize a ‘data-driven mindset’ as a systematic process for integrating metrics and other forms of data to test assumptions formed through our intuition. Approaching challenges with a data-driven mindset is considered a competitive advantage for leaders because it enables swift identification of business challenges and action before it’s too late. By adopting this mindset, we are actively working to minimize the influence of biases (although, it is worth mentioning that we can never be free of them). Now more than ever with unlimited data at our fingertips, adopting a data-driven mindset can help us become knowledgeable data consumers able to draw meaningful conclusions and make important decisions.