The Case for Data Driven Strategic Decision Making
Abstract
The study examines the case for data driven strategic decision making. The quality of strategic decision making and effectiveness of implementing the selected strategies is increasing becoming more important in organizational developments. This calls for the adoption and usage of data driven decision making process in strategy management. Strategic data-driven decision making involves collecting data, analyzing that data, getting the data into the hands of the people who need it, using the data to increase efficiencies and improve performance and communicating data-driven decisions to key stakeholders. The elements of data driven strategic decision making and the various models are outlined. An application is considered of usage of data in strategic decision making in schools. This powerful tool in the education sector facilitates data collection, data analysis and application into the improvement plans. Its premium value is in facilitating informed decision making, boosting overall school performance and improved student achievement. A proactive leader who understands the vision and able to champions the cause is required in creating momentum behind any data-driven decision making tasks. Strategic decision making is an indispensable tool in moving organization on a sustainable success drive.
Keywords: Data, strategic, decisions, models, quality, performance, tools, analysis
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ISSN (Paper)2222-1905 ISSN (Online)2222-2839
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