Insight
Data improves judgment when used well. CEOs must champion fact-based decisions while balancing experience and intuition.
Key Strategies:
1. Define Key Metrics – Focus on what matters most.
2. Improve Data Quality – Accuracy builds trust.
3. Use Dashboards Effectively – Enable quick insights.
4. Encourage Analytical Thinking – Challenge assumptions.
5. Avoid Analysis Paralysis – Decide when enough data exists.
CEO Leadership Actions.
Demand data-backed proposals. Review dashboards regularly. Promote analytical capability.
Actionable Tip.
- Identify one decision that should be more data-driven.
Why This Matters?
Better decisions lead to better outcomes.
About the Author
Ernest De-Graft Egyir, Thought Leader, CEO advisor, and Founding CEO of Chief Executives Network Ghana, convenes the Ghana CEO Summit and served on Ghana’s Economic Dialogue Planning Committee.
About the Author
