June 12, 2014
Big data not trusted by executives if it conflicts with their beliefs and instincts
There were a number of themes that ran through the Workplace Strategy Summit that took place in Reading this week. One of the most talked about was Big Data and its influence on decision making. The consensus appeared to be that data should not be the sole determinant of decision making, even though it can give people the reassurance they are doing the right thing, and even a scapegoat when things don’t go as the data might suggest. So in some ways it’s reassuring to hear that executives around the world are more than happy to ignore data when it goes against their instincts and beliefs. A study from the Economist Intelligence Unit which examined the approach business leaders take to decision making, found a clear pattern in the way executives use and perceive data and analytics, especially the fact that they do not trust it if it counters their own insights and the majority will reanalyse information that conflicts with them.
June 13, 2014
Employers may need to take a disciplined approach to the World Cup
by Richard Barker • Comment, Flexible working, Workplace