Data keeps growing. There’s no shortage of data.
Some data is valuable than having no data at all. However, a lot of data doesn’t necessarily mean better decisions and outcomes.
It comes down to making decisions on the data that you have. Decision making skills play a critical role here.
How much data is needed to make a good decision on it?
What insights can we gather from the data we have?
How did we collect the data?
What’s the quality of the data?
These are some helpful questions to make decisions on data.