Cross posted at JTonEDM McKinsey just published a new study “Big Data: the next frontier for innovation, competition and productivity” that is definitely worth reading. With lots of detail – it runs to more than 150 pages – it discusses why there is so much more data, what that means and how this data can [...]
Cognitive Bias in Strategic Decisions
March 22, 2010 By Leave a Comment
The McKinsey Quarterly (free registration required) offers up an interesting on-line piece examining bias and the effects it can have on strategic decision making. According to the post: “In a recent McKinsey Quarterly survey of 2,207 executives, only 28 percent said that the quality of strategic decisions in their companies was generally good, 60 percent [...]
