Business-advice Quote by Pooja Agnihotri
““Always try to connect your decision-making to some sort of data. If you don’t have data, start a market research project and gain data on that topic. Don’t make any decision just on the basis of your “intuition.””
About This Quote
Source Speech: Business Analytics Conference, 2022
Decision making should be grounded in data; when data is lacking, gather it before acting.
In simple terms: Base decisions on data, not gut feeling.
Collect data before deciding.
Themes
Mood
Type
When to use this quote
- product development
- investment choices
- strategic planning
- marketing campaigns
Key Concepts
Questions to Reflect On
- How can you obtain reliable data quickly?
- When is intuition acceptable?
Data may be costly or unavailable, delaying action.