In the world of Data Science & Data led decision making, a lot of executives across the corporate ladder suffer from “I see, said the blind man”. “We do enough & we know enough” is a resonating statement across corporates and teams. In reality, a very few organizations have a holistic understanding of their data, the science of data analytics, available technologies to analyze & use it to enhance business decision making.
Running a data driven operation was simpler ten years back. There was limited data available and there were limited data analytics options available. It was easy to grasp few simple tables and charts at the end of a quarter and plan a strategy around that. The mathematics and science of data analytics has not changed over the years but the amount of data available as well as the increased computing power has crowded us with choices & options.