Using Data to Make Better Business Decisions episode artwork

EPISODE · Jul 27, 2022 · 58 MIN

Using Data to Make Better Business Decisions

from A New Direction

When we hear the word “Data” the first thing we think of naturally is numbers. And so often we think that the “numbers” make the decision for us.  The fact is the analytics and statistics only tell us part of the story and if the “input” is wrong up front, the resulting “data” will mislead us into making bad decisions. Kevin Hanegan author of “Turning Data Into Wisdom” joins us on this episode of  A New Direction.  Kevin is going to give you deep insights on how we need to be careful with the numbers we see in every day life. And take a close look at our biases when it comes to looking at the data and other  errors we make with “data”. Further Kevin and I explore how we misinterpret data and how we can be more conscious of our misinterpretations.   In his book “Turning Data Into Wisdom”  Kevin encourages to ahve a healthy bit of sketpicism.  We should always question the results we are presented with on TV.  In fact we need to get better at challenging the statistic rather than trying ot find ways to verify what we believe.  Because that is bias.  And when we are biased the last thing we are doing is “Turning Data into Wisdom”  Whether that be for our lives or our business. Please reach out and thank the awesome sponsors of A New Direction: EPIC Physical Therapy the facility with the most cutting edge equipment and the certified staff to help you recover from an injury or surgery, work with professional and amateur athletes, or just those of us who want to move and feel better.  When you want EPIC relief, EPIC recovery, and EPIC results then start with EPIC Physical Therapy by going to www.EPICpt.com Linda Craft & Team, Realtors when you are looking to sell your home or buy a new home start with what their clients refer to as “the legends of customer service”.  Whether you are in the Greater Raleigh Research Triangle Park area of North Carolina or any where in the world they can help you with your home dreams.  Contact our friends Linda Craft & Team at www.LindaCraft.com

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Using Data to Make Better Business Decisions

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How long is this episode of A New Direction?

This episode is 58 minutes long.

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This episode was published on July 27, 2022.

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When we hear the word “Data” the first thing we think of naturally is numbers. And so often we think that the “numbers” make the decision for us.  The fact is the analytics and statistics only tell us part of the story and if the “input” is wrong up...

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