Here's the thing leaders are lacking (hint: it's not just about data)

More important than data literacy.

than tech stacks

tech budgets

or org headcount.

While leadership might lack any skills, priority, or growth in any of those areas, that's not the problem.

An organization that takes data seriously doesn’t need to spend time on data literacy courses.

Or waste money buying new tech tools.

Or splurge on hiring the best and brightest.

The gap, for both data leaders and executive leaders, is a coherent model for decision-making.

They are constantly making decisions. About what to buy, sell, grow, disband, adjust, scale, prioritize, and eliminate.

How does data play a role in your decision-making framework?

Most leaders trust firmly in their experience and the expertise of the leaders around them. But it leaves them exposed to a variety of biases, blind spots, and bad incentives.

An organization that prioritizes data will

→ Know their outcomes

→ Make decisions that close that gap on their outcomes

→ Use data to reduce the uncertainty and risk in the decision.

If you want data to be meaningful to your org connect it to the decisions that need to be made. And connect those decisions to the ultimate outcome your organization wants.

I’m here,

Sawyer

from ​The Data Shop