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Successful Data-Driven Decisions Call for Governed DIY Analysis

The 451 Take

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The use of an organization’s data assets to make strategic and tactical decisions can yield many and varied benefits. By rooting decision-making in hard numbers that shape operations and business performance — such as employee attrition rates, customer acquisition costs, sales revenue and product costs — organizations can improve the quality and impact of their decisions. However, organizations need the appropriate corporate culture, as well as the right software, to make these data-driven decisions successfully.

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