[OA.BCL.10] Make informed decisions using data

Category: RECOMMENDED

Encourage teams to shift from relying solely on intuition or personal experience to using data to inform their decisions so that they become more objective than subjective. Teams should consider what to measure (and why), how to measure it, and how to effectively present the data for informed decision making. Provide training on data analysis and visualization, and aim to make data easily accessible and up-to-date. Use tools to collect, store, analyze, and visualize data effectively, allowing teams to make data-driven decisions.

Incorporate the build-measure-learn feedback loop and validated learning concepts from Eric Ries' The Lean Startup to enhance decision-making capabilities and alignment with organizational goals. Use the build-measure-learn loop and validated learning to make data-driven decisions, test assumptions, and adapt quickly to changing conditions to foster a culture of continuous learning and improvement. By partnering with customers throughout the innovation process, teams can better align their efforts with organizational objectives while remaining agile and responsive to evolving requirements. Doing so confirms that solutions are built with customer empathy, measured for impact, and refined through collaborative learning.

Related information:

• The Lean Startup Methodology